The Worst "Shareholder Update" Ever. Prepare to need a drink
... -cast, the founder and CEO (Philip Verges) of China Cresent says and suggests the dumbest things I've ever heard ...
December 08, 2009 - by rknapton (
1988 West Point graduate
Teresa J. Verges
Prior to joining the Miami School of Law’s faculty, Professor Verges served as Assistant Director of Enforcement for the Securities and Exchange Commission at the Miami Regional Office
NewMarket Technology, Inc.
The Company currently, has/had/no longer has, domestic operations in Texas and California, and international operations in The People’s Republic of China, Singapore, Venezuela, Colombia, Caracas, Shanghai, and Sao Paulo, Brazil.
Good luck with that...I couldn't even get it sold at .002...I only lost 500 on this pos ...been waiting 4 years to have it come back up...might take 40 more...lol
Angel, good point! So where is that guy hiding?
And I am guessing he believes that if the feds let all the Big Bank CEO's on WS walked away with hundredths of millions after they created the housing bubble that burst in 2008, then they won't come looking for him. And so far he's been right!
And no movement in stock price, it's strange to say the least. And why CCTR is still trading, is puzzling at best. Does this entity still exist?
Where did Verges hide his money in China or Latin America? He robbed shareholders of hundreds of millions of dollars and the sec, feds, irs, fbi did absolutely nothing. He belongs with Bernie Madoff and possibly
the biggest scammer since Madoff.
"The company's filing status is listed as Revoked and its File Number is C12587-2000."
And yet it still trades, 4M volume today, 3/16/2016. How can that be?
Is it being done on the Chinese exchange? Does the company, China Crescent, even exist anymore?
Wow, it's all so crazy.