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Greetings...just came across this thread and thought I'd chime in a little.
First...I too am currently an empty bagholder of NTEK and the spinoffs.
I call Barney ever so often (probably about 3 times over the past 6-7 years) and apparently he's still dealing with the effects of his bad health.
He did express his desire to try and clean things up again by going back to the Bankruptcy court for some kind of relief that would put the shareholders and the companies in a better position moving forward.
He felt as if it would take too much time and resources that he doesn't have to bring justice to the accounting people and would make it difficult to hire anyone after that, even if he did win.
The information at the link below allows for a little bit of the problems he's been dealing with over the years. When the people you pay hundreds of thousands of dollars to do things like what is described below...it's no wonder things are as screwed up as they are.
Good Luck!
http://www.getfilings.com/sec-filings/100913/ECOM-ECOM-COM-INC_10-K/exhb9916.htm
MMJ Barney. New industry being created right before our eyes. Lots and lots of worthless shells being bought up. If you do not have the ability then find someone who does. You owe shareholders that.
Wake up Barney Richmond! Why don't you do something with all these shells that all us long term holders still have in our accounts. Why don't you try creating shareholder value. Do something. Sell them. They are in huge demand. MJ is hot and businesses everywhere are looking for shells. This is the beginning of a huge industry. You could sell all of them quickly. What more could you want? Timing is perfect. Why spend all that money for nothing? The first
'go around" didn't go as planned and ecec paid the price but you still have all those clean shells with great share structures just sitting there. The time is "now" to make a move.
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Testing embedding of an image...sorry if it doesn't work out!
Looks like even Bill Gates likes NTEK
Regretably, Dabbler....revocation is final and the stock will never trade again.
Regards and condolences.
Can the revocation ever be reversed? Could it become a publicly traded company again? Thank you for your help.
Dabbler5: It means that eCom-eCom is no longer a public company. Shareholders still own ECEC shares but the shares can never be traded since ECEC's registration is now revoked.
What does this mean for stockholders?
ECEC fills 10K...remains current.
http://www.otcmarkets.com/stock/ECEC/filings
Common stock, $.0001 par value; 1,500,000,000 shares authorized; 304,051,001 and 304,051,001 shares issued and outstanding, respectively
ECEC now current with filings.
http://www.otcmarkets.com/stock/ECEC/filings
10K and two 10Q/A's filed today...looks like ECEC wants to be compliant?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
xANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended May 31, 2011
or
oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
COMMISSION FILE NUMBER (000-23617)
GREEN ENERGY GROUP, INC.
(f/k/a eCom eCom.com, Inc.)
(Exact name of registrant as specified in its charter)
FLORIDA 65-0538051
(State or other jurisdiction of
incorporation or organization) (I.R.S. Employer
Identification No.)
1150 S US Highway 1, Suite 302
Jupiter, FL 33477-7236
(Address of principal executive offices) (Zip Code)
(561) 249-1354
(Registrant's telephone number, including area code)
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE
SECURITIES EXCHANGE ACT OF 1934: NONE
Title of Each Class Name of Each Exchange on Which Registered
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE
SECURITIES EXCHANGE ACT OF 1934:
Title of Each Class
Common Stock, par value .0001 per share CUSIP NUMBER: 39304J-109 TRADING SYMBOL: ECEC
PRIOR CUSIP NUMBER: 27889U-102 (eCom eCom.com, Inc.)
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes o No x
1
Table of Contents
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days. Yes o No x
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 229.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files) Yes o No x
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form10-K. o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule12b-2 of the Exchange Act.
Large accelerated filer o Accelerated filer o Non-accelerated filer o Smaller reporting company x
Indicate by check mark whether the registrant is a shell company (as defined by Rule 12b-2 of the Exchange Act). Yes o No x
The aggregate market value of the Common Stock held by non-affiliates: $ 607,460
Shares of Common Stock outstanding as of July 13, 2012: 304,051,001 shares of common stock, $.0001 Par Value, outstanding.
2
Table of Contents
GREEN ENERGY GROUP, INC.
INDEX
PAGE NUMBER
PART I
Item 1. Business 4
Item 1A Risk Factors 13
Item 1B Unresolved Staff Comments 14
Item 2. Properties 14
Item 3. Legal Proceedings 14
Item 4. Removed and Reserved 14
PART II
Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 14
Item 6. Selected Financial Data 15
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 15
Item 7A Quantitative and Qualitative Disclosures about Market Risk 15
Item 8. Financial Statements and Supplementary Data 16
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 26
Item 9A Controls and Procedures 26
Item 9B Other Information 27
PART III
Item 10. Directors, Executive Officers and Corporate Governance 27
Item 11. Executive Compensation 27
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 28
Item 13. Certain Relationships and Related Transactions, and Director Independence 28
Item 14. Principal Accounting Fees and Services 28
PART IV
Item 15. Exhibits and Financial Statement Schedules 29
Exhibit Index 29
Signatures 30
3
ECEC SEC Suspension:
http://www.sec.gov/litigation/suspensions/2012/34-67309.pdf
ORDER:
http://www.sec.gov/litigation/suspensions/2012/34-67309-o.pdf
ADMIN Proceeding:
http://www.sec.gov/litigation/admin/2012/34-67310.pdf
Yeah, been watching it as well and noticed the slow climb.
Time will tell
someone has been accumlating shares everyday for the last few weeks. This puppy is so thin. Any sustained buying effort will bring nickles and dimes.
Sounds like great news!
Is this stock for real?
Looking at the charts I'm very intrigued.
Another CPA?! Sheesh! LOL
8-K/A filed...regards new CPA.
http://www.otcmarkets.com/stock/ECEC/financials
8K - New CPA Firm! Fully reporting again next?
http://www.otcmarkets.com/stock/ECEC/financials
Why am I not surprised that this went back to No Information on Pink Sheets?
http://www.otcmarkets.com/stock/ECEC/quote
If you are holding the bag here?You can kiss your dollars goodbye because Richmond is a drunk that never ever created value for anyone but himself.You can bet on a rs to wipe out existing baggies.Look how many bs shells this drunk has set up over the years on sunbiz its amazing.
bought a bunch back at .004 ... let's see if we can get any break outs this summer. No hurry. on bid. do your own D&D. ;)
Volume like this on a Friday? Interesting.
One would think now that the sister company AMN* is up to date and both have the new names in the SOS, something has to happen "soon"
Let's see what next week brings us.
Has anyone else tried to email Barney? He's not responding to any emails as of late....
I think there are no real sellers left. Once this gets volume on the ask, it will fly right to the .024 wall.
If we can break that ... open skies.
Very speculative play, do your own D&D.
I'm ready ;)
yep patience will be rewarded imo nice vol today too
No I don't. I have been here a long time as well. Sleeping money. But when it goes its gonna go big. This is by far one of the thinnest ones i have. Multi pennies on any news. $1.00 if its a whale.
Vulcan any thoughts on a possible time line for the company to come out with details on a R/M.? The website looks good to me, real professional looking. Been waiting a long time here. Go ECEC.
Yeah the last filing was name change. Check out Sunbiz.org
Vulcan, is that "hard news?" Any time frame?
Just waiting on an 8K and R/M details for Green Energy Inc.
ECEC goes up 33% on 9000 shares? Anyone see anything happening here soon?
Been gone a week and catching up
Seems quiet...low volume will stay imo until news
Sept. Did look good...has the float stayed the same?
same here, added .004
I initially had 1.3M at .0013
Yes, September was fun :)
Been rebuying slowly since .008
matter of time until something happens here.
Dollar volume will speak again imho.
GLTA
patience pays ; )
Added some 0.004's in the last minutes, building a nice position because i have patience, a rare thing in pinkieland
PS that paint at the bid at close was below my partial and I didn't cancel my remaining order to buy .006 ... I definitely think someone wants more shares at this lvl.
Hopefully this will now slowly creep on accumulation.
I've held some ECEC for over 5 years now. I want old highs ! hahahaha
anyways, WATCH THE DOLLAR VOLUME.
holding for multi pennies with some luck we can hit that on momentum and then some depending on what they have in store.
here's hoping.
GLTA
got a partial .006. Im on bid side and will continue to try to add sub .01
IMHO this will see new 52wk highs at some point.
GLTA
thanks I will try and do some more DD too
No I haven't called. Noticing that Benjamin Hieder is a consultant for the green energy group inc and he seems to have an extensive background in oil and gas. Imo, Having him as a consultant along with the name change suggests some kind merger is in the works.
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Green Energy Group, Inc.
http://solar.coolerplanet.com/Directory/solar-installer-green-energy-group.aspx
Possible R/M Company
The latest 10Q Filed 4/11/2011
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7861338
Transfer Agent | Share Structure As of Oct. 22nd, 2010: |
Sepember 13th 2010 8K Filing
(click for details)
Perhaps this is the passage generating the recent interest in this stock (from Sept. 13th 2010 filing):
"SPECULATIVE NATURE OF THE COMPANY'S PROPOSED OPERATIONS. The success of the Company's proposed plan of operation will depend primarily on the success of the Company's business operations. While the Company intends to try to run these operations profitably there can be no assurance that the Company will be successful or profitable.".
Prior to this, the company has been 'dead silent' with no operations since 2008. A new dawn???
Read more: http://www.faqs.org/sec-filings/100913/ECOM-ECOM-COM-INC_10-K/#ixzz13QOASCQF
Company Officers:
Both Members on the Board are High Rollers
Mr. Barney A. Richmond, President, CEO
http://thegreenenergygroup.com/
Barney A. Richmond, 55, has been President and a Director of the Company since March 2004.He is also President and a Director of American Capital Holdings and the other nine (9) eCom spin-off companies.From 1985 to the present, Mr. Richmond has been an independent advisor and investor in assisting companies, as well as individuals, regarding public offerings, mergers, reverse mergers and a variety of corporate financing issues.Mr. Richmond has also been an investor in numerous reorganizations and business turnarounds, including many substantial bankruptcy reorganizations.Mr. Richmond has been a member of the Boards of Directors of The Richmond Company, Inc., Benny Richmond, Inc., 877 Management Corporation, King Technologies, Inc., King Radio Corporation, United States Financial Group, Inc., JSV Acquisition Corporation, Chase Capital, Inc, Berkshire International, Inc. and Dunhall Pharmaceuticals, Inc.
http://www.zoominfo.com/people/Richmond_Barney_471363752.aspx
Mr. Richard C. Turner, Treasurer
CFO for Vanguard Energy ETF (VDE)
http://www.zoominfo.com/people/Turner_Richard_75260191.aspx
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