OK I got some proof NTEK is a scam, do with it what you want. Just wnated to be honest so innocent people do not get hurt.
They filed a Form 15 to be a non-SEC reporting company and hide on the pink sheets
legitimate companies do not do that
I've probably seen 3 - 4 dozen pink sheet companies tell their shareholders they wanted to do a share buyback and not one of them ended up doing it
NTEK is now a pink sheet company
No financial reports in nearly 3 years = threat of suspension like what recently happened with ANTS
this is what NTEK is all about (discounted debt conversions)
On August 14, 2012, the company issued 125,000 shares of its Common stock in fulfillment of a marketing agreement
with Curbstone, an unrelated non affiliate company.
On August 24, 2012 the Company authorized the issuance to Worldwide Cargo, unrelated and non-affiliated vendor, 1,224,490 shares of common stock at $0.00245 per share, as settlement of account reducing the company’s debt by $3,000.00. The shares will be issued upon receipt of pending documentation.
On July 26, 2012 the Company issued Longside Ventures, unrelated and non-affiliated investor, 320,000 shares of common stock at $.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $2,880.
On August 2, 2012 the Company authorized the issuance to Longside Ventures, unrelated and non-affiliated investor, 26,030,874 shares of common stock at $0.00592 per share, as the completion of conversion of convertible debenture, reducing the company’s debt by $154,102.79. The shares will be issued upon receipt of pending documentation.
On August 14, 2012 the Company authorized the issuance to R&T Sports Marketing, unrelated and non-affiliated investor, 42,240,703 shares of common stock at $0.0013 per share, as the completion of conversion of convertible debenture, reducing the company’s debt by $55,004.32. The shares will be issued upon receipt of pending documentation.
$55,004.32 at $.001/share will be another 55,004,320 shares
all debt conversion are free trading shares
