I profoundly realize as shareholders we have consistently voiced our dissatisfaction with NewMarket Technology and their contrived ongoing schemes to cheat investors out of their money. As some of you I will continue into perpetuity to denounce Philip Verges and his cohorts for cheating me out of my investment and MOST hurtful, my original belief in these confidence men (con artist).
BUT, I have found considerable consolation in the new and daunting frontier of the internet. Just query Philip Verges and Crook or Scam artist and you will find numerous shareholders/investors that have been bilked by Philip Verges.
So what is my point? My point is: I find solace in the fact that I will continue to post how I got ripped off by Philip Verges and it somehow shows up in the search engines of the internet. Search engine optimization somehow captures what it believes as salient information to be thrust into public view.
So, fellow shareholders and investors, please join me and announce your contempt with Philip Verges.
What amazes is no one has come forward to provide and personal information about Philip Verges. Here is a man with SOooooo many negative posts, yet nobody from Texas or elsewhere has posted anything. Did anyone ever see him out washing his car, playing with his children, eating dinner at a restaurant and leaving a $2.00 tip.
C'mon folks! Or, maybe you are waiting with the really good stuff to sell to TV and the tabloids once he gets indicted?
Its not just Philip. Its his whole family and the friends they have brought into the circle. If no one has figured it out yet here is a road map.
The public companies issue convertible debt for cash. This cash has been used several times over to buy private operations (so called operations) that was started by family and friends. All the companies do business together and the receivables go through the roof never collected (makes the books look good though).
So you see they are paying themselves with the debt financing and pump so the debt financiers get paid. It happens quite often in the pinks. And no it is not legal.
Czek’s post is about Philip Verges the snake, not about NMKT and CCTR. You must realize that NMKT and CCTR is nothing more than dead snake skin that Philip Verges is attempting to shed. Philip the snake plans to reemerge in new skin in a new venture.