David was sentenced to 6 years in prison

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pinballmaster
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David was sentenced to 6 years in prison. I have not read if the judge ordered restitution. If so, I'm told that will only go to NTGL investors. They didn't charge him for anything related to NTEK. In reality, he's probably looking at something probably closer to 3 years if he has good behavior. This was just on charges related to NTGL. Years ago, I was told this was just part 1 of 2 cases they planned to bring against him. With the conviction, they can speed things up because the pump and dump scheme is already proven. The first case took several years longer than originally planned due to his delay tactics and covid so I'm unsure if they still plan to charge him on additional charges or not. Things can change in 6 years. I believe some money was recovered from Bennie/David for restitution, but I haven't read if it was ordered. Unfortunately, since the case only pertained to NTGL I'm not entitled to any of it. I'd say this is the end of the road. With the conviction, there's literally no way he can relist or literally do anything with this stock. Anyone who's been giving him money/loans has just been feeding his new business ventures. I don't believe he ever had intentions of relisting or attempting to fix any of this. He just delayed indefinitely so we didn't all sell our shares. Paper losses are different from real losses. He tried to file bankruptcy but was denied. Generally when you're convicted of stuff like this the court won't allow you to write off any of those debts. We could still sue him, but we probably wouldn't ever get a dime. He screwed us all. To be honest, he ruined my life. Nearly 150k down the drain...... 

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