Replies to post #131 on NewGen BioPharma Corp. (NEWG)

[Big Brother]

Large dump @ $1.45.

I'd say I'm 60/40 right now that the merger has been terminated. I can see why they might have removed the NEWG info from their website as it was influencing the trading, which is what the 'quiet period' before any material event is suppose to eliminate.

However, I've noticed over the years that companies that have failed mergers, often have multiple ones, so i am skeptical.

If the merger has been terminated, and it looks like insiders are dumping, before the news has been made public, you can bet I will be filing a complaint with the SEC to look into potential illegal insider trading.

[Big Brother]

Feeling much more confident about this now after the Form 3 filing. Form 3 indicates a preliminary insider transaction, so now I believe we should see a Form 4 coming soon showing Dr. Jaikaria acquiring the 40,000,000 shares.

Once that happens then he has officially taken control of the shell and it's basically a done deal IMO.