Foley's got to cough up the millions NTEK owes as an enforcement debtor in the Long Side and K2 cases, in addition to the stock owed to Long Side. Of course, there's a reason both enforcement creditors named multiple parties (including Foley) in addition to NTEK itself. The judgements don't go away and the shell isn't clean until those debts are paid.
Looks like Foley is offloading the shell. Wanna bet another reverse-split is on the way?
Well, that would work because the old nanosux location won't be needed with this guy working out of his apartment.
A r/s? Why not? My recently r/s'd 56 shares would then totally be wiped out this time. The principle needed the original common shareholders to hang in there and buy his bags so he didn't want to wipe everyone yet. Now he'll do it out of spite.
And it's not on Nev SOS yet so it's just early P&D propaganda.
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