Now I ask you, who do you believe has more insight on the legitimacy of NEWC, the President of Colombia and its' leading newspaper, or a short seller outside of Colombia that posts the same BS every 30 minutes because he's getting calls to cover? Within hours he will be forced to cover and then will start touting the company. I have nothing against that because it's healthy for the stock, I do have an issue with his tactics that will be addressed if necessary.
New Colombia Resources ... that is why I keep an eye out for dips. This is one of the strongest spec plays in the market. Me and all of Colombia agree.
That's an interesting email from Juan "John" Campo. Campo acts like he just got lucky that he came around at the right time to purchase the NEWC shell.
Fact is though that John Campo is a long time associate of Leonard Gotshalk, Kyle Gotshalk, and Richard Charbit. All 4 of them show up together again in AGTK (then known as Cannabis Medical Solutions) back in 2010.
Like with NEWC, the Gotshalks gained control of the AGTK shell from Stephen Goldberg around 2009.
Then in this 10K for the 2010 fiscal year we see Leonard Gotshalk getting shares using a Texas business entity he controlled called Spur Sherwood, LLC, Kyle Gotshalk fronting for his daddy again as the CEO, Richard Charbit getting shares through Ender Company Assets, Inc, and John Campo getting shares through Charm City Consultants LLC
*** numbers are being multiplied by 10 because of a 10:1 forward split in June 2010
44,000,000** - Ender Company Assets, Inc. ($100,000 Stock Purchase and Loan Agreement, of which $15,472 received to date and the remainder is a note receivable
10,000,000** - Charm City Consultants ($35,000 Stock Purchase and Loan Agreement of which $17,500 received to date and the remainder is a note receivable.
9,400,000** - Spur Sherwood, LLC (Fees due for services rendered in the Ender/Charm City transactions)
600,000 to Spur Sherwood, LLC (Final payment for services rendered)
5,000,000 to Charm City Consultants for payment as contracted for in a Consulting Agreement.
Similar M.O. to what they did with NEWC with all the cheap financing shares and free consulting shares.
What did John Campo get those 5,000,000 consulting shares for? Probably because he was hired as the Investor Relations person for the company
Campo has been involved in NEWC as an officer and advisor since 2011. He came in after Kyle, Leonard, and Richard all got busted by the FBI. He was the natural choice I suppose since he was already working with all of them over in AGTK.
So yeah Campo had that "good relationship with former management" even before he became the new CEO of NEWC. It seems pretty obvious now why NEWC continued to pay Kyle Gotshalk as a consultant after John Campo took over as the new CEO. Nobody hires a convicted securities violator as a consultant. Campo did because he was just the new front for the Gotshalk family after Kyle's name got too tarnished. It's a you scratch my back I'll scratch your back sort of relationship.