(Total Views: 371)
Posted On: 10/29/2019 3:40:40 PM
Post# of 1609
Someone buying up shares by the millions. Can we find out whose buying and why? NTGL is a company in name only with no employees, management, assets, or location. Its my understanding NTEK invested $2 million in NTGL in exchange for 150 million shares to be distributed to shareholders of NTEK (since deal dropped value and PPS of ntek). Deal didn't go throughwith passing of NTGL CEO Al Stone and remaining assets were taken back by NTEK. How that was done without approval of oter shareholders in NTGL is a mystery. Possibly someone wants the company name and registered shares to start new company with possible name change. Who knows unless we know current buyer(s).
(2)
(0)
Scroll down for more posts ▼