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Nanotech Entertainment Inc NTEK
(Total Views: 651)
Posted On: 11/05/2019 7:29:54 PM
Post# of 96891
Posted By: Counselor Brad
Re: Futurecash #94006
I pulled the full file on PACER...

I didn't have that much time over the weekend, but I did read the initial SEC complaint and D. Foley's general denials. Looks like both parties request a jury trial, but believe just the discovery phase alone spills into next year.

Whether or not the "Caveat Emptor" designation will remain until the SEC case is finalized I do not know - reason being is that I would initially say yes, but as NTGL is a named party (but is only under the "Stop" designation) tells me something else is going on - good, bad, indifferent or what outside of what Foley has stated publicly I do not know.

The one thing that did concern me was the personal debt which seems to be intertwined with the business. Beyond the multitude of business civil cases - all pending lawsuits the claimants have won in court but yet to collect on - lie the secured and unsecured debt obligations Foley has. I've pulled a partial list (not including all the reported unsecured loan debt) as an example. Sorry, no idea how to add these in larger format.

Screen-Shot-2019-11-05-at-4-33-32-PM.png
Screen-Shot-2019-11-05-at-10-19-26-AM.png

Does anyone have a full and compete list of board member names and email addresses or contact information? I'd have to assume so, as nobody would invest if they didn't know who was making decisions with their money.

I asked about the remaining loan Foley claimed was forthcoming in his bankruptcy depo, but never got an answer either.

Money cures a lot of pain!













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