NewMarket Technology (fka NWMT)

[Charleoi]

Reminder on DFTS ...here's the letter to shareholders from Phil Rauch, issued in October 2005...keep in mind that DFTS still has not filed the 2005 10k (year end was June 30, 2005)....ever wonder why Lutz, Phil and Phil refuse to provide any clarifying updates? Perhaps this has something to do with the fact that the SEC is conducting a review (evidenced by the fact that they had to refile the 2004 10k). I'm sure Amex is impressed by Rauch.


From Oct 2005 8k filing:

"Shareholders may have already noticed that the company has not filed an annual
report on Form 10-KSB, nor have we filed an extension. The acquisition in early
2005 of the above-referenced operating company substantially changed Defense
Technology's capital structure. The annual report will include for the first
time the newly acquired company's revenue contribution to the operating results
of Defense Technology. However, the capital structure change caused us to
implement a number of accounting and administrative changes. At the same time,
we are implementing further accounting and administrative changes to improve the
Company's operating foundation.

Several announcements will be forthcoming regarding these changes. While we are
making every effort to complete the work associated with the changes in as
timely a manner as possible, the changes have delayed the filing of the annual
report. We are working to complete the changes and finish the annual report
within the allowable extension period. However, we cannot guarantee that the
annual report will be completed within this timeframe.

As we cannot guarantee finalizing the annual report with the extension period,
we believe filing the extension could be considered misleading. We anticipate
that the Company trading symbol will be annotated with an "E" indicating the
company is out of compliance with its reporting requirements. We are confident
that we will complete the necessary accounting and administrative changes
currently delaying the annual report and subsequently file the annual report
within the grace period permitted to rectify reporting compliance issues.

We encourage shareholders to contact the Company with questions and concerns.
Shareholders can contact investor relations at 404.261.1196 or
[e-mail]."

Perhaps someone should call Lutz. While you have him on the line, ask him why Phil refuses to disclose to investors how much stock he and/or VTI owns.