Not halted, but almost completely illiquid...
Daily volume has dropped like a lead balloon since Foley and NTEK were ordered by the courts to cease any and all trading or issuing of shares.
Anyone still holding a substantial position can't even unload it at this point. And there isn't pump firm out there willing to risk a subpeona (and NTEK doesn't have a dime to hire one anyway), so there isn't even a pump to dump into if you wanted to unload.
We've all seen this before with other OTC scams - they go Form 15 and stop reporting to the SEC, then they go dark on the OTC and go completely silent. They fail to submit the annual filing. Then they fail to submit the subsequent quarterly. Then the next - just like NTGL. Then everyone still holding becomes a stuckholder - stuck holding shares nobody will buy.
With all the debt, Foley can't even shop a merger or unload the dirty shell. Heck - even a clean shell can be had for 15-25K. And NTEK is very. very far from being clean thanks to Long Side and K2's enforcement creditor status.
The only upside a stuckholder can hope for at this point is that Foley and his wife were unable to unload all of their ill-gotten shares before the hammer came down.
Not much in the way of recourse really.
News 
Market Data 
Discover 
