~*~UNPAID DD ON NPCT PART ONE~*~
Some information about the public company Nanopierce and its CEO Paul Metzinger
New news! Nanopierce stock promoter sued by the SEC personally for fraudulent and misleading claims and projections. She was paid in CASH which was not reported in company SEC documents.
mary.cc
May 1, 2002 she settles with the SEC.
1. The CEO was sued for fraud by the SEC three times. (see below for lawsuit dockets). He "consented to issuance of permanent injunction and entry of judgment against Metzinger." Look at all the charges against him mary.cc
Here is the judgment. He showed the SEC that he was penniless then agreed to rat out his companies and associates in exchange for the injunction and judgment. If he breaks the settlement agreement, he consents to be tried as a criminal in criminal court. Here are the documents. They are jpg scans of the documents. The documents were not available online. I had to pay $10 a page to get them from the Colorado archive. I scanned them because stock promoter Kathy Knight rewrote them for investors and she edited them. This shows the original.
mary.cc
mary.cc
mary.cc
mary.cc
2. The CEO was also sued for racketeering and was involved in a lawsuit over missing stock certificates. See dockets below.
3.The CEO's last company had to reorganize, i.e. Intercell. Other companies he was involved in went bankrupt also such as Faspaq. He also went bankrupt personally in 1989. A division of Intercell also went bankrupt. None of his businesses have been a success.
4. NPCT was started as a mining company then became a distributor of skylights symbol SUNY which is a shell Metzinger's wife owned and now they sell hitech? The assets of npct i.e. patents and patent applications were bought with printed shares from a division of Intercell. Intercell considered their value ZERO. CEO Paul Metzinger is also the CEO of Intercell. symbol IICP.OB finance.yahoo.com
5. No direct revenue, no profits. They had a tiny tiny bit of income for consulting about something which had nothing to do with the company.
6. They have hired many, many stock promoters. One of them posted on the message boards that toxic funding is good and the funder was a good company when that was not the case. The company is currently suing the funder for stock manipulation and securities fraud. The funder Southridge Financial, Kernaghan are infamous as corporate loan sharks who short stocks. More information on them here mary.cc
7. They have an Open House every year which is basically just a stock promotion meeting. Here is a photo from it. They promote it heavily in Asia, Germany and the US yet they only had 35 people and I see at least five stock promoters in the audience. If this were a revolutionary product, how come more people weren't there? nanopierce.com
Audience/Thumbnails/TN_the_audience1.jpg
8. Most of the DD on this company is paid promotion such as wallstreetreporter.com , investortoinvestor.com (Kathy Knight, Kent Klook), Investor Relations Worldwide Corporation asianinvestoronline.com (owned by a Colorado company) , WillyWizard.com (Hal Engel) , marketreporter.com , ceocast.com, nanotechinvesting.com is company site, stockreporter.de, Charles Van Musscher of Gruenwald, Germany, The Geneva Group, Inc. of Ponte Vedra Beach, Florida and probably others. Check out their disclaimers on their sites. They have been paid to promote NPCT. Check out annual SEC reports and search/find for Investor Relations and you will see their names and compensation. Here are just a few from the SEC documents which you can recognize from the message boards especially Hal Engle, Kathy Knight and Chad Beemer who do not post anonymously.
8a. Kathy Knight is the main stock promoter. She sends "press releases" to various free press release agencies. She begs sites to write positive articles about the company. She posts all over the internet. She made the following post on Raging Bull.
By: Kknightmcc $$$$$
18 Oct 2001, 10:44 PM EDT Msg. 53428 of 75582
(This msg. is a reply to 53416 by veritaspateomaximus.)
veritaspateomaximus
You obviously have been talking to our board terrorist and falling into her trap of personally attacking me. I am not fat and do not eat twinkies. I have lost a great deal of weight since the photo Mary talks about was taken after having gained from a heart attack which stopped me from exercising. She uses that ploy to disparage me. So it is obvious that you are a part of her terrorist organization, or your posts on the NSCT board asking if people know her and saying what a great person you think she and directing them to her comments on this board are pointed at swaying people to believe your comments instead of seeing the truth for what it is. As to your comments about me, go to blazes because that is the path your are treading on.
Here is a photo of her. investortoinvestor.com
Looks like someone is a big fat liar. If she could lie about not being fat with photos of herself on the web like this, she can obviously lie about anything.
8b. The most recent stock promotion by General Research GmbH is paid promotion. Notice in the disclaimer that they state that no one in the US, Canada... should read the report yet the company has the report in their US website and they are sharing it with US investors. nanopierce.com This same promoter Dr. Georg Hochwimmer also promoted scam company GENI and HRCT. GENI was halted by the SEC. Notice in the actual promotion they keep stating IF the product is more than just a prototype, IF it can be mass produced, IF people want to buy it, IF it is not obsolete by the time they build it... The report also states they have funds for a year when as per SEC docs, cash on hand, burn rate, they have funds to last til the end of June, which is five months from today 1/02.
8c. The most recent recent stock promotion 2/20/02 is also paid promotion by Schneider Securities. Their report was posted on the board by WillyWizard and Kent Kloock without the disclaimer which is an SEC violation. I called NPCT IR and Schneider Securities and they refused to call me back or give me their disclaimer. They also stated that NPCT is a nasdaq stock when it is otcbb and they stated they had $1.8M cash as of 2/20/02 when they had that amount of cash as of 12/31/01. As per current burn rate and COH as of 12/31/02, they should be out of funds middle of May. As expenses are up, they may be out of funds earlier IF they do not get new financing or take the existing toxic funding from Southridge.
7/1/98 . Common Stock 186,500 Investor Relations Putter Consulting
7/1/98 Common Stock 24,500 Investor Relations Kathy Knight- McConnell
7/1/98 Common Stock 6,250 Investor Relations Hans Kast
7/1/98 Common Stock 6,250 Investor Relations Roger L. Smothers
6/3/99 Common Stock 100,000 Investor Relations Harold Engel, Jr.
6/30/99 Common Stock 144,000 Investor Relations Stock Enterprises
6/30/99 Common Stock 250,000 Consulting Services Bert Roosen
6/30/99 Common Stock 30,000 Investors Relations Chad Beemer
6/30/99 Common Stock 10,000 Interest on Rose & Richard Gram |
