InvestorsHub Logo
icon url

BeverlyH

03/01/17 11:35 AM

#360919 RE: Goodbuddy4863 #360918

Partnerships require money. NTEK has none.

Not sure some understand what it means now that NTEK is a court-mandated ENFORCEMENT DEBTOR in two separate cases.

NTEK is required to disclose all current cash, sellable assets, bank accounts and a complete review of their financial statements. The enforcement creditors will go after anything of value and sell it off to recoup the millions they are owed by NTEK.

If NTEK were to somehow announce a partnership with anyone, that new partner would immediately be served with subpoena. Additionally, the enforcement creditors can then go after that new partner for any monies NTEK transferred to that partner.

That's how it works. So no, there are and will be no partnerships. And that DJ crap and those d-list karate movies don't make a nickel.

icon url

jimr1717

03/01/17 11:40 AM

#360920 RE: Goodbuddy4863 #360918

NTEK is in the process of dumping fresh Foley shares
icon url

shajandr

03/01/17 12:00 PM

#360923 RE: Goodbuddy4863 #360918

Uh, filing a Chapter 11 bankruptcy petition does nott make a company a "partner" of the bankruptcy court.
icon url

ad_man

03/01/17 12:05 PM

#360924 RE: Goodbuddy4863 #360918

It it closes below .02 I'm out. .02 is a strong historical support. Let's see if it bounces. The volume is good. More volume needs to pour into the stock.

Let's watch