NuTech Energy Resources Inc. (NERG)

[flowerpower1114]

I believe NERG is legit with DD research

Here is a former post with great information about the acquisitions and the production of the wells of Emerald Operating company which is what NuTech is supposed to have been acquiring:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=120376998

It seems like it would be fairly easy for NuTech (NERG) to just show the SEC proof of what they have said in their PR's.
A summary of their press releases is:
Have the patent on a revolutionary technology that makes it where Coal Bed Methane gas is produced without taking out the water cutting costs by as much as 80% and allowing for the wells to stay in operation continuously as a clean renewable resource, bought 7000 wells, acquired 400 miles of pipeline, bought Flowpower LLC which creates electricity from the flow of gas out of the pipe like from water, hired an accounting firm to do a needed 2 year audit, hired a firm to help them get on NASDAQ, said they were thinking about doing a stock repurchase program and could possibly do a reverse split to get put on NASDAQ by the end of the spring 2016, and of course the most recent PR being that the share holders agreed to a buyout from a Russian Company but are just waiting on the terms.

I am wondering if the SEC is comfortable with all their claims except just need proof of the buyout offer from the Russian Company? It seems it would be easy enough for NuTech to just show them the letter from the companies attorneys if it is true, otherwise it is an obvious scam. It seems to me that the SEC would then make a press release saying that the buyout offer was legit and put them back on the OTC.

Here is a listing from the Wyoming Oil & Gas Commission showing that the Coal Bed Methane Gas production stopped in the wells for several years but then started back up in 2015 without any water being pumped out hence using the technology that NERG claims to have:
http://wogcc.state.wy.us/CoalbedProdop.cfm?nOpco=1437&fromwells=mapmenu


As an investor, I am hoping for the best but am also keeping an open mind now that it could be a scam. Time will tell. All I can say is that whowever the company is that owns the technology, the abandoned wells, FlowPower, and the pipelines will do extremely well at some time in the future and would definitely be worthy of a $1.1 billion buyout in my opinion. I am hoping that it is NuTech that owns it. GLTA