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Wednesday, October 07, 2015 2:40:00 PM
So, Foley creates a domain for his fake Royal Capital Group on NTEK's own server array on March 10. Three days later, on March 13, his own company, NTEK, issues his fake company 26 million shares of NTEK? Timing is ironic, eh?
Then David's own company, NTEK, proceeds to issue more than 100MM shares of NTEK to his fake Royal Capital, just in the month of March? Look at the volume spikes in March/April. It's all so mystifying.
Then David's own company proceeded to continue to funnel nearly 600MM shares in smaller lots to David's own "Investment" company Royal Capital like clockwork through September? As the PPS continued to fall? Yet at the fake SHM the principals claimed they were "not pleased with the current PPS?"
Royal Capital Group is a self-proclaimed "Silicon Valley Division of a Global Investment Group." Yet Wonkey Dong from IR has gone radio silent explaining exactly who they are, and there is zero information about any global investment group known as Royal Capital.
The scam is so linear and obvious, it's hysterical.
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