NanoTech Entertainment Inc (NTEK)

[Zorax]

The SEC investigation has been ongoing for over 3 years. Wouldn't they know the ins and outs far more detailed than retail investors.

Not really, maybe 2 years. Ever since those letters nanosux and the principal received back in early 2012 from the SEC questioning the company way it was handling stock manipulation and improper or erroneous reporting standards. These letters are only sent out if the SEC was already looking at a companys improper company dealings.

So, what was the principals and nanosux answer to the SEC inquiries, less than 2 months later, the principal (the only one who could make this decision at the time) filed the forms to de-register from the SEC filing obligations and went into hiding, called going dark, from the SEC, and almost any regulating agency and the public and ntek shareholders. Hiding from everyone. But of course they can 'file' with the scam site OTCM, which is a non government, non regulated stock tout listing site, that doesn't vet a single thing as long as the fees are paid up. Miss a payment, you're history.

The SEC takes it's sweet time and has lots of scams to catch up on.
I've noticed a very consistent trend when a penny stock goes dark, they end up on the greys or zombie or a large percentage get revoked. It's never a good thing, never because they couldn't afford the filing fees, but almost ALWAYS because their financial numbers are phony garbage.

nanosux is right there at the bottom of the barrel.