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Re: None

Thursday, 09/17/2015 4:20:46 AM

Thursday, September 17, 2015 4:20:46 AM

Post# of 380514
NTEK still has no CFO. The "financials" are totally fake, fraudulent, and internally inconsistent. The "fins" have been pure crap since at least 2012.

Absolute ~OUTT-and ~OUTT lies!!!

NTEK has NEVER been profitable. NTEK has NEVER been cash flow positive.

NTEK has ALWAYS been deeply, deeply cash flow NEGATIVE.

NTEK has ALWAYS been dependent on endless share sales, floorless convertible debt issuance, payment of portions (or for Davey all) salaries and payments owed to contractors, creditors, and vendors.

NTEK paid for a one-time fraudulent dividend financed entirely by a floorless convertible note issued the month before the divy payment in almost exactly the amount of the divy!

NTEK is, and always has been, at all times, a DaDavey Fraud Production™ - a share printing, stock distribution, and insider enrichment scheme.

And NOTHING more. It is Spongetech using HD movies instead of soap-infused sponges. Selling few - and at a loss - as props to sell more newly issued stock. Over and over.

Multipin pinball
NP-1s
Interstellar - 165 rentals - 25 of them from one IP address
Paramount HD digital files that are at best UPSCALED just like any smart 4K TV would automatically do
Crap that doesn't sell (or rent) except to existing shareholders - just like soap-infused sponges in SPNG.

While insiders print share endlessly - raising the AS three times in 9 months, and every time saying "we have no plans to raise the AS" only weeks before they raise it each time.

PURE SCAM. PURE FRAUD. FOUNDED BY A MULTIPLE FELON. Now overseen by his brother and Wire Transfer - who has teed himself upp for a bunk next to DaDavey™ in Taft.

NTEK delivers the weekly share-bombing megatonnage into the float and then into the market - crushing the A/D line for an entire year - MORE COMING - LOTS MORE SHARE MEGATONNAGE BOMBING RUNS WEEKLY