NanoTech Entertainment Inc (NTEK)

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NTEK withdrew its registration of its securities with the Commission. The issuer is no longer required to file periodic reports with the Commission, including its officers, directors, and affiliates.

To answer your question based on the facts you provided, Foley by definition is not an officer, director, nor affiliate. And in the event there were reporting requirements, the convicted felon aka, Foley would not be required to file anything.

David can instruct his proxy, Jeffrey to print him shares up to 9.99% and David can sell them. Subsequently to that, David can instruct his proxy Jeffrey to print him a new batch of 9.99% of shares....repeat, repeat, and repeat.

As long as Jeffrey does not live under the same roof as David.