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It's been a while since I commented here but my analysis was spot on.
Sadly, YOU GUYS GOT HOSED!
What next? Hopefully you die-hards are pissed enough to bring lawsuits and SEC action raining down on this CHARLATAN'S head!
Otherwise he is just setting up for his NEXT CON, which will be another iteration of the Neah scam.
WASH RINSE REPEAT!!
As I see it the Best Case Scenario for long-time NPWZ SH is a reverse split into the new entity. This is because the current share structure of Neah is absurd. If XNRGI is public they will then issue new shares, so yes your original investment will be diluted and you will be forced to reinvest if you still want to stay on the D'couto train. Wash, rinse, repeat. Only insiders win. Big surprise.
Worst case for Neah SH, who have been slowly twisting for a very long time, is XNRGI is private, Chris dances off with his and YOUR IP while flipping you the bird. Then I HOPE SH would bring in the clowns (the lawyers)and Chris and his buddies can spend LOTS of money on lawyers.
OF COURSE they're going private!
Proof of concept is in the bag, THANKS TO US, the current and former SH of NPWZ....
The old german saying is "Hope dies last", that definitely applies to NPWZ. Just staring at those MILLIONS of shares in your portfolio and thinking about what could be.
Chris has taken full advantage of the ultra-lax SEC enforcement environment, and I'll bet you a couple of hundred thousand shares of NPWZ toilet paper that savvy angels are pre-emptively helping out with an ironclad legal strategy that lets those patents walk out the door.
And have a nice day!
Told ya.
NPWZ sh financed the development of NPWZ IP. Phase 1 is now complete. NPWZ sh get FLUSHED into oblivion while Chris pockets the IP and recapitalizes a new entity. Anyone buying NPWZ today must have Stockholm Syndrome.
Tech-wise Chris must be hearing positive murmurings from Argonne, enough to get some hot chinese money snapping at his bait.
Best case for you guys: Chris reverse splits 1000:1 or something like that NPWZ for the new entity....
You are at Chris's mercy; a grim prospect....
Hello My Friend, It is called "painting the tape" and it is done by BUCKET SHOPS to draw in muppets (suckers) like ourselves and increasingly momentum-driven trading algorhythms. They make money running it up, then selling it down. Over and over and over. The company itself is a total POS. At deep sub penny prices they can easily do this all day long.
Peace
Since scammaster Chris no longer has to report ANYTHING since he 'went dark', including his current float, he is free to paint the tape up, suck in gimlet-eyed muppets, then dump one or two billion shares. All in a day's work.
Tape painting is cheap at these prices. Plus there's absolutely no enforcement by the SEC..I'm still out and I'm staying out. If this fraud machine ever reaches a PENNY and there's some verifiable actual news and follow thru, then MAYBE.....
Chris is painting the tape....
Neah bull-diehards are STILL smokin' some strong hopeium....
So 'someone' knows 'someone' who was tangentially connected to Motorola 10 years ago....JEESH!
In case you didn't get the memo from Chris to SH back on 5-15, I'll translate "F. U.!"
IF Chris is still actually working in the field, after sucking millions out of the retail investing public (you and me), I will be shocked and amazed. And I guarantee you that if this technology has any legs John Q. investing public will be completely shut out...
Always fun to drop in on Neah Land, where winged unicorns fly high in the colors of the rainbow!
And who knows, those 30 million shares you bought for one tenth of a penny really just might take off, now that almighty Chris has increased the float to over 5 BILLION.
REALLY: Chris has gone dark 'so he can focus'....
In other news: I, the wealthy farmer, have developed a fuel cell that runs on urine, and can function in the absolute cold and vacuum of outer space!
I have 15 patents and have issued 6 billion shares.........
TOLD YA. Chris and his buddies are dancing away with the IP paid for with $70 million by SH dupes over the last 10 years.
MISSION ACCOMPLISHED!
NPWZ will be kept as a shell because 1) provides deniability if the SEC or any other agency decides to actually investigate this scam (doubtful)-"We tried but just couldn't raise enough capital,however the company still exists and we are still working in good faith, your honor" 2) Even at super-subpenny prices the scamster trio might be able to raise enough for that time-share in Cabo that Chris's wife is always yammering about-Seattle had an especially cold wet winter this year 3) the company can go into 'accordion mode': sell shares, reverse split, sell shares....wash rinse repeat forever
I'm out. The only way I can spank Chris is to get the fuck out and not look back. Done. I hope the SEC can take a very close look at this flaming SCAM.
"Please reassure investors that you are not going to abandon us like so many penny stock CEO's do."
I'm afraid it's already happened, cupcake.
We, the shareholders of NPWZ, need to grow up and either commit to holding the Dr. accountable or simply move on.
Sitting around waiting for the phone to ring is a time and energy waster...
Yes, BUT:
D'couto really really needs to get out in front of this company and the weird odd tidbits of news, videos, etc that keep dribbling in from around the net.
It really is his job. Really.
Even with NDAs Neah badly needs some fact-based promotion, not all this weirdness and mystery.
The share price can BARELY hold a freaking TENTH OF A PENNY for Petes sake.....
CHRIS: THIS IS EMBARRASSING! NO ONE IS IMPRESSED!
Several possible reasons come to mind for D'couto's silence:
1) He is bound by NDAs
2) He cannot raise the money to pay himself, and since he cannot get paid for his 'work'he will not lift a finger. He seems to have a very '9 to 5' attitude about what he is doing, rather than a passion to really make it. I reach this conclusion from the exorbitant amount (200k) he is paying himself..
3) He has taken a real 9 to 5 job somewhere and does not give a damn about NPWZ
4) He is deliberately killing off NPWZ with intent to sell the IP without being sued or prosecuted. Lawyers always tell you to shut up, shut up shut up when you're in trouble.
Not really crazy.
Neah has a novel energy storage technology, at least on paper.
Investors, who are ALSO owners of the company, have a reasonable expectation that company is NOT lying in their promotional materials.
Investors/owners can in fact get REALLY PISSED when they are LIED TO, or think they have been lied to.
Hence the negative tone you see on display here.
If D'couto would take the "Ramen Noodle Pledge" and do 2 things he would attract capital:
1) He STEPS DOWN as CEO and stays in the lab
2) He takes a PAY CUT to 50k and lives like Steve Jobs in the early days of Apple
Right now any vc looking at this mess has to be thinking 1) of the first $1 million he gets, 500k is going into D'couto's and May's pockets 2) there are so many bluffs, dead ends and what appear to be outright LIES on display on his website, which he does not even bother to update (cause it's SO MUCH WORK, you know)that the patents may just be meaningless.
Another dead end in the energy storage game, which is STILL the number one issue for the 21st century.
EVERYTHING hinges on energy storage and D'couto has played this awareness like a master con artist.
D'couto won't issue the 10k till he gets funding, but he won't get funding till he issues the 10k.
He won't ship the battery to Argonne until he can 'get paid' for his 'work'.
He has an attitude problem.
He thinks the point of a tech startup is to pay himself a fat salary, rather than to grow the co. and achieve liftoff, then becoming a billionare from his millions of shares.
so when is the annual meeting?
Thank you!
The batteries exist.
Chris is a shitty, selfish, imbecilic manager, for all his brilliance in the lab. Like a lot of really bright techies his ego can't admit that business is a skillset every bit as advanced as his tech stuff. So his business languishes, flirting with extinction for years.
Chris is Neah's biggest asset and its biggest liability.
The ONLY thing that's going to change his act are LAWYERS, lots and lots of LAWYERS, raining down lawsuits, demand letters, etc etc...
The biggest threat to us SH, IMO, other than extinction of the co., is a reverse split. Hopefully the holders of the debentures are big enough VCs to be fully LAWYERED UP, so they can rain down megatons of shit on Chris's fat stupid head if he tries this shit.
In MY Humble Opinion, of course...
S4W Facts:
1) S4W IS using Neah batteries. The batteries exist...Neah is NOT a fraud...
2) S4W and Neah are operating under an NDA, hence Chris's mouth is zipped shut, the 10k is extremely late, etc.
3) Big trade show today/this weekend.
Could Neah be the next Plug? You decide.
Chris's obtuse silence and REFUSAL to issue 10k speaks volumes,but we don't want to listen cause then the fairy tale is OVER.
FACT: Chris pays himself 200k a year.
FACT: Chris has hit a wall funding this venture.
ANALYSIS: Chris lacks an entrepreneurial mindset.He is stuck thinking like an entitled employee...Since he can't raise money to pay himself he has decided to not lift a fat finger. Hence this BULLSHIT about taking 7 months to 'pack and ship' his battery. Also maybe he is trying to put together a battery from scratch because THEY DO NOT ACTUALLY EXIST....
Has anyone tried to contact S4W to see if they will say anything about Neah?
"The only person who can connect the dots we find on the internet is D'Couto and he has not connected even one dot."
RIGHT-and he won't..
Chris's FIRST PRIORITY right now is to continue PAYING HIMSELF. Making the mortgage, keeping the wife off his back...
And don't forget Mr. May, at 11k A MONTH!.....WTFing F!
ANY VC looking at this shitshow right now has to assume the first 300-400k goes right off the top into Chris and May's bank accounts.
I stick with my prediction that Chris is marketing the IP and is going to attempt to WALK AWAY from SH.
AND HE WILL SUCCEED IF ALL WE DO IS SIT HERE AND BITCH ABOUT IT.
IT IS WAY PAST TIME FOR SH TO GET LAWYERED UP, START WRITING DEMAND LETTERS THAT ARE SERVED IN PERSON ON THIS ASSHAT...EVERYTHING ELSE IS BS. OK, NOW GO AHEAD AND CALL ME A PIECE OF SHIT. THANK YOU VERY MUSH...
It's cool man, totally cool.
Believe me, the joke's on US....
Well, actually Mr. Hawke, I agree with you, and I am a long, but since you called me a piece of shit, I don't know what else to say. The SEC is a very good place to start but we the owners of this company, and its IP, also need some legal representation to exert pressure on the doctor. NPWZ's website is still up, luring in the unsuspecting like one of those ghost driftnets in the Pacific that keeps on killing fish for years......Then there are the creepy little double reverse psyop lurkers on BB's like this one, trying to obfuscate, confuse and MISDIRECT......
LAWYER TIME, EVERYONE
So let's get serious and get ourselves a nice phat lawyer.....
Sakaguchi is still listed on the co. website as chairman.
No, my DD does not include digging through Nevada corporate listings.
NPWZ is still using Sakaguchi's name on its website. Fraud.
So are we the OWNERS of this company going to do ANYTHING besides run each other down? Like GET A LAWYER?
If anyone has Jeff Sakaguchi's contacts could you please start hassling him about the >60 days late 10k?
Jeff is Neah's Chairman of the board....
So are we ready to take control of OUR company?
1) Track down and CONFRONT Chris, hopefully in an aggressive way
2) Attend ANNUAL MEETING (I do hope Neah has an ANNUAL MEETING) and seize control
3) LAWYERS LAWYERS LAWYERS: SEC, FBI
I am NOT in favor of a petition: I've never heard of using petitions in corporate governance, and honestly I don't have to 'petition' Chris for anything-he 'works' for me and he pays himself an amazing 200k/year to hang out and DO NOTHING. NO RAMEN NOODLES FOR THIS FAT SLIPPERY CAT, NO WAAAY......
LET'S DO IT!
I think we need a non-public online forum where we can get serious about logistics.
Action Items:
1) When and where is next SH meeting/BOD meeting?
2) Tracking down the good doctor Chris and meeting him....
3) Get a lawyer to install OUR CEO/secure OUR possession of the company's IP
4) Contact SEC/FBI
Ideas?
I VOLUNTEER TO JOIN YOU, IF YOU WANT COMPANY!
I live in Oregon, so I'm not too far.
The REAL challenge will be in physically tracking down this slippery cat and getting him to speak on video.
Does anyone know when is the next SH meeting/BOD meeting?
Do we have enough shares to take over this thing?
(Before Chris disappears into India/China/Nepal)
Any lawyers want to take on SEC Notification, call the FBI?
We've got to start moving fast cause Chris is going to try to dissolve the company.
WE TAKE OVER NPWZ WITH THE IP THAT WE PAID FOR AND MAKE IT WORK...
Chris & Co. are DELIBERATELY soft-killing NPWZ because this particular corporate structure has outlived its usefulness.
Or strangling it in the crib, whichever metaphor works best for you.
Chris had a bright idea but he needed money to develop it and get the patents sewn up.
That phase is over, and the shareholders who paid for it will see NOTHING. IMO Chris intends to WALK AWAY with 'his' IP and make himself a tidy fortune. He may indeed be in China looking at manufacturing facilities, as well as scraping up financing.
Chris's REFUSAL to submit a 10k (and it is a refusal, NOT an inability) positively SCREAMS BAD INTENT. At this point I don't even care if the 10k is all zeros--I am focused on Chris and the BOD's ATTITUDE and INTENT for MY company.
Does anyone here have enough of a corporate law background vis a vis the rights of shareholders to corporate IP in cases such as this-extreme malfeasance and malintent? Can we CLAW BACK the IP we paid for?
Still NO 10k, huh?
BEST CASE SCENARIO: Chris is simply head-in-the-clouds tech nerd who couldn't manage a hot dog stand, but his ego won't admit his incompetence, and of course he still pays himself 200k/year
WORST CASE: a big rotten stinkin fraud.
Time for detailed SEC audit of NPWZ operations, cause he's just hiding out in the fog at this point, being deliberately obtuse, while still paying himself with SH money, thank you very much.
If Chris was as smart as he thinks he is, he'd be playing it straight.
You know: sell stuff, make money, file 10k's timely, etc.
This is because his patented battery architecture leads us directly to spongiform battery architecture, where the battery will be more of an ' energy organ' in the body of the drone, robot,etc.
Really too many engineers get mired in analysis paralysis, and this IS the death of companies large and small.
CRICKETS....
Crickets are NOT 'exciting'
Crickets tell me Dr Chris is passive/aggressively shutting down NPWZ
then walking away with 'his' IP, paid for by SH, thank you very much.
Until I see evidence to the contrary I can only assume that Chris has effectively shut down the company.
I know the mention of Neah on S4W's sales documents is a very hopeful development, but it is also a very slim reed on which to hang one's optimism.
All lawyers will tell you: when you're in a tight spot the first thing you do is shut up....
My suspicious nature informs me that Chris seeks to dissolve the company and tiptoe away with the IP without getting sued or prosecuted by the SEC.
If Neah is actually still a going concern then the 10k must be forthcoming immediately.
If not, why is the wesite still up? Why no communication??
SEC enforcement should light a fire under Mr. May's behind
He's getting paid an exorbitant $11k a month, he should be able to do his job in a timely manner
Way too many question marks with Neah....Also Chris was a featured guest at the Obama White House...yup..
Agreed. I'm BUYING today.
Rounding up my MILLIONS of shares.
AT these ABSURD prices THERE.IS.NO.RISK.
Thought Experiment: Capitalize the intrinsic value of the patents....
Then you might start to get a weird little tingly feeling in your privates. A little bird might start singing through the window.
Neah is the perfect sleeper. Bout to wake up with a BANG!
I certainly hope so.
The kid says he has 50,000 sh = $60
LOL
Eagerly awaiting overdue 8k 10k 10Q letter to SH etc etc
Energy storage is IT......Thats why I hang in there for this water torture.
Good Morning Neah Power Systems
It's great to see you on here, communicating with shareholders!
As a shareholder myself, I am looking forward to news about your cash position, sales, deals pending etc.