Thursday, January 21, 2016 3:12:12 AM
60,000 non-existent NP-1s which the company claimed "were shipped into the retail channel" in February 2014 - butt which were nott, indeed nott even more than a few hundred were ever assembled is simple proof of that.
Or would you prefer we discuss DaFoley's Royal Capital Group and FS Global Capital front companies to conceal his backdated floorless CONvertible notes and his soaking of the commons with massive dilution while retaining total control of the corporation by using the SUPERVOTING Series A Preferred shares he issued to himself in December 2014?
Or the three AS raises in 10 months, each preceded by the company stating that it had no plans to do an AS raise and did nott see any need to do so - and then approximately TWO WEEKS LATER raised the AS - three times.
Of the total and complete LACK OF ANY AUDITS despite 3+ years of promising same. Or the filing of a fatal Form 15 to avoid SEC reporting requirements.
We can go on with many more examples, butt the point is clear and undeniable:
NTEK is a SCAM.
That is the simple truth.
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