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Re: lineItemVeto post# 279214

Monday, 02/09/2015 11:56:15 PM

Monday, February 09, 2015 11:56:15 PM

Post# of 380514
What are the requirements to list up?

With ntek? It's not going to happen. Here's what I submit.

With ntek dark since 2012 and making promises that never happen AND the new ploy of 'buying' a shell, I'm more convinced as ever that ntek is a sham enterprise using whatever topical product or idea to peddle their only income source - penny stock. There's a chance ntek didn't start this way, but this recent crap just solidified my theory that ntek is not what it seems.

Here's how I think it's going down, based on years of experience watching these vapor companies operate and flipping their stock. I feel ntek is in monetary and legal trouble of the stock manipulation kind. I believe there is at least a Wells Notice on the head on ntek, or some other major SEC/finra type litigation. The recent classic pink sheet scam ploy of moving all your assets to another shell, and in this case, it's not even a clean shell, it comes with baggage. In almost every case where the bailing company was able to attain the transfer, the emptied company just faded away. Where whomever is left answering the phone or IR at ntek, will just make excuses and promises (like now) and trading will dwindle to nothing or ntek will go to grey market for real. ntek will not get revoked for years, so that's not an ending. ntek will transfer ALL assets, not just some. No one will know because ntek won't publish anything credible. ultrasux is conceivably a IP (intellectual property) and will/could be transferred out. This is the ntek principles trying to protect whatever they think is valuable from litigation and fines and the courts wanting ill gotten gains to be returned. The courts can't get any money out of an empty ntek shell can they?

The information so far is completely vague as is normal for ntek. In almost every case I've seen of this recent development, the emptied shell/corp is either litigated against in short time, or halted. But strangely, in this zombie state, ntek can also trade forever, as a quad sub penny, but could still have a active ticker...

One only needs to look at Steve Lumb and his 50 mining shells, many still zombied, some trading. Or slimy Winick, waiting his sentencing as well with 17 different personal names and 10's of totally fake companies. Arsc and hfco are run by a couple of crooks frank and bob for years doing exactly what ntek is about to do. All these scams have one thing in common, and that is either buying junk shells with junk stock or creating a company out of thin air and 'transferring' their so-called assets to the new shell, make up a new name and start fresh creating more shares out of thin air, while the left behind company just dries up and withers away, a .0001 stock for as long as finra and SEC will let it.

This well traveled road is precisely where I think ntek is going and ntek shareholders will have nothing in weeks. 10 shares in another shady company trading at .13 now is only 1.30 in your account. Such a great deal, eh?