Contest Time: No More BS Guessing Games, This Is PennyStocking!
The popularity of last week’s entertaining but inevitably useless contest got me thinking–I wondered how many people would enter a contest where they might learn something, meaning they’d actually have to do a little work? So, I give you NT Holding Corp (NTHH.OB), a sketchy sketchy sketchy stock that decupled (10x) in price last week on some surprisingly not-so-insignificant trading volume.
What caused this staggering price surge and do you think it will continue? I’ve done my research, but let’s see what you guys got–whoever posts the most in depth research–as judged by me–wins a copy of that soon-to-be-called classic book you should all have read by now! Deadline for entry is Monday morning 8am, winner will be announced at 8:30am. Let’s see if you’ve got what it takes to be a PennyStocker!
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| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Sept 4 | COIN | $5.70 | $6.21 | $745 |
| Sept 3 | COIN | $6.49 | $6.30 | $305 |
| Sept 3 | COINW | $2.75 | $2.85 | $180 |
| Sept 2 | TAYD | $7.51 | $8.13 | $545 |
| Aug 18 | FOUR | $2.80 | $2.66 | $342 |
| Aug 14 | APII | $2.66 | $3.30 | $1261 |
| Aug 12 | APII | $3.25 | $3.40 | $285 |
| Aug 7 | NOBL | $5.02 | $5.49 | $680 |
Total: $26,508 (
114%)
1codyhof(TIMBUCKS: $98)
May 10th, 2008 at 5:15 pm
Correct me if im wrong but this is an energy company with interests in Asia who has acquired a cancer research organization?
Perhaps my limited knowledge on stuff like this is why i am thinking this is backwards as hell.
2Bob (VC)(TIMBUCKS: $237)
May 10th, 2008 at 5:59 pm
NY Holdings is a Chinese company, that up until recently was solely interested in commodities used in the metallurgical process. For some reason, not adequately discussed in their press release, they have recently decided to acquire a Virginia based bio-med.
The stock started to rise late Thursday, appearently prior to the press release. This leads me to believe there are outside influences at work, such as pumpers (this speculation would warrant more research, and spam/forum hunting, but it’ is Saturday after all)). The stock was trading in the $2 range two years ago, and their balance sheet is not horrible, assuming it can be trusted. This may lead some speculative investors (read: idiots) to believe some hype, which would make this a great pump and dump candidate.
With that in mind, I would assume we will see another day or two of run-up prior to the pumping parties bailing, and leaving the dummies to hold the bag. This may be a great Monday long, and an even better Wednesday short.
Then again, Chi Wai Woo is the director, and who the hell am I to mess with Chi Wai Woo..
3codyhof(TIMBUCKS: $98)
May 10th, 2008 at 6:14 pm
Man, this companies is all over the place. The intro page to their website right now mentions Alan Lew as CEO. I came across some info on that guy here http://www.linkedin.com/pub/6/15/879.
That dude has a ton of interest in med-tech. The explanation of NTHH there mentions nothing about energy.
Something interesting i found out was that it has already been through one ticker change, apparently it used to be ABSS.OB… three name changes after it moves to HST global? sketchy as hell in my opinion.
The SEC filings metion that the company has no interest in acquiring much funding at all. From a recent SEC filing i got the feeling that fundamental company growth was not what they really wanted.
0$ revenue as of the last quarter. The stock opened at nearly 25$ 6 years ago, and its trading at 10 cents?
I liked what bob mentioned about the stock jumping prior to the press release. I havent managed to find any pumps on the internet but who knows. The first thing i thought of when i saw this chart was tims infamous midget holding up a basketball player.
I agree with bob, this will rise early in the week and hopefully by wednesday we will see the scammers jump ship.
Chi Wai Woo is gonna be pissed
4Matt(TIMBUCKS: $9)
May 10th, 2008 at 6:18 pm
New name, and buying a company that will cure cancer. Present business is coal mining and steel production in Asia. (real synergy there, huh?)
From the front page of their web site: (http://www.ntholdingcorp.com)
NT Holding Corp. (OTCBB: NTHH) announced today that it has completed the acquisition of Health Source Technologies, Inc. of Hampton, Virginia. As part of the acquisition, NT Holding will be renamed HST Global, Inc.
…
About Health Source Technologies, Inc. HST Global is in the business of developing new drugs to combat cancer.
…
NTHH, through its subsidiaries, invests in and operates companies in China and Asia that engage in energy and natural resources businesses. NTHH is based in Hong Kong and currently operates two subsidiaries in Asia: (1) Shanxi Jinhai Metal Group that engages in coking coal and steel production in the Shanxi Province of China and (2) PT Borneo Mineral that owns a 30-year coal mining right concession in Indonesia
5codyhof(TIMBUCKS: $98)
May 10th, 2008 at 6:20 pm
urgh… i got that 26$ figure from a google finance chart.http://finance.google.com/finance?q=Nthh.OB
…disregard that because it looks messed up
6Matt(TIMBUCKS: $9)
May 10th, 2008 at 6:26 pm
Also there is this press release from emailwire:
http://www.emailwire.com/relea.....s-Inc.html
Never heard of emailwire before - good source of stock hype?
7jibri
May 10th, 2008 at 6:45 pm
Here’s what I found http://biz.yahoo.com/e/080422/nthh.ob10-q.html
the financial is in the red
I noticed the volume went from 20,000 to 747,000 in one to two days.
I smell insider dealings. Nothing major new on the company. Great for my first short.
8jibri
May 10th, 2008 at 6:49 pm
Nothing new on this company, financial operation is flat line. Great for my first short.
9Chi Wai Woo
May 10th, 2008 at 6:56 pm
You guy not funny!
My company legit!
You piss me off!
10jibri
May 10th, 2008 at 6:56 pm
Here’s my watch list for next week; STEC, STUR, ICO and NTHH
11Jorge
May 10th, 2008 at 7:10 pm
Company Description
NT Holding Corp., through its subsidiaries, engages in producing and refining coking coal in China. It produces coke, a component for use in the production of steel for steel manufacturers; and steel as raw material for the construction industry and automobile production. The company also owns a right of concession on coal mines in Indonesia. As of March 31, 2007, it owned a right of concession on coal mines on an area of 19,191 hectares in the territory of east Kalimantan of the Republic of Indonesia. The company is headquartered in Wanchai, China.
As someone else mentioned, NT Holdings recently merged with Health Source Technologies. PR release found on emailwire. Looks like they mail out their PR releases to consumers, i.e. spam mail trying to pump up the stock.
In terms of information, NT Holdings website is a static page while the new HST Global site is under construction.
Assets as of last SEC filing was $1.9 million unaudited while short term liabilities came in at $1.923 million and total liabilities at $2.1 million, leaving a deficit of $200k. No revenues, no sales, no gross profits in the past three months. Expenses included $73k in general operating expenses. In other words, they’re making no money whatsoever. Did I mention everything’s unaudited?
Company also mentioned in their last SEC filing how they have $0 cash on hand and has insufficient capital to meet its current obligations.
Looks like their offices are in some little warehouse/office area in Reno.
From the technicals, it looks like there’s a resistance level at $0.91 (looks like someone bought in on the FDA hype). Price tanked $0.25 after that small buy block. Also noticed on the open, someone bought into the hype at $.90 and was ultimately crushed as the price sank back to its lows of $0.40.
Checked up on its past and noticed they were once trading uder NTHHE, a fashion company back in 2005 with its highest stock price around $0.25.
It seems the company tries to jump from industry to industry which is always suspect.
To me, it looks as if the price jump was a result of the new company, HST Global, going after initial clinical trials for their breast cancer treatment.
I wouldn’t be surprised to see the stock tank back to the $.05-$.10 range.
12A
May 10th, 2008 at 7:30 pm
Someone obviously knew something and backed up the truck prior to the press release. Whoever had that ~65,000 share buy block at $0.13 on Wednesday (May 7) afternoon just after 1PM and then unloaded it on Friday (May 9) afternon just after 1PM is laughing his way to the bank.
You can see this crystal clear on the volume chart. The two tallest volume bars (~65,000 shares each) on the 1 minute charts covering the last 3 days of trading are exactly at the high ($0.91) and the low ($0.13) of the move.
13timothysykes
May 10th, 2008 at 7:34 pm
good work guys, but there’s a bit more to the story, focus less on their non existent business and aim your daggers at who’s doing the pumping
14Millionairemind(TIMBUCKS: $36)
May 10th, 2008 at 7:40 pm
What caused this (NTHH.OB) staggering price surge and do you think it will continue?
NT(New Technologies) Holding Corp. (OTCBB: NTHH) recently announced that it has completed the acquisition of Health Source Technologies, Inc. (HST Global is in the business of developing new drugs to combat cancer) of Hampton, Virginia. As part of the acquisition, NT Holding will be renamed HST Global, Inc.
http://www.ntholdingcorp.com/
NT Holding Corp. (NTHH), through its subsidiaries, invests in and operates companies in China that engage in the energy and natural resources businesses. The Company will not restrict its search to energy and natural resources businesses in any particular geographic location. NTHH has invested in and operates two subsidiaries: Shanxi Jinhai Metal Group Limited (Jinhai), a company that owns coking coal refinery and production facilities through wholly owned subsidiaries American-Asia Metallurgical Industry Limited (AAMI), and PT Borneo Mineral Projects (PT Borneo), an Indonesia company owns a right of concession on coal mines in Indonesia through Eastbay Management Limited (Eastbay). On April 7, 2006, the Company entered into a material definitive agreement with Grand Canal Entertainment, Inc. (Grand Canal) and Grand Canal has agreed to purchase from NTHH all of the outstanding ownership of Tagalder C3 Holdings Inc. (Tagalder).
(http://finance.google.com/finance?q=OTC:NTHH)
Details of Financials can be read at: http://www.ntholdingcorp.com/financials.htm
STOCK INFORMATION
Transfer Agent
Shares
Authorized: 100,000,000 shares (common shares)
Outstanding: 25,800,000 shares (common shares)
History of NTHH.OB:
Previously NTHH.OB was ABSS, Corp. an incorporated on April 11, 1984 under the laws of the State of Delaware as CMS Advertising. On September 25, 1989 the Company’s name was changed to Unico, Inc., and again on April 25, 2002 to ABSS, Corp. Initial business activities, associated with the sale and administration of cooperative direct mail advertising franchises, commenced in May 1984. In September 1986, the Company filed an initial registration statement, a plan to expand Company operations through the acquisition of existing businesses operating in related fields. The Company also operated and owned a subsidiary during 1996, Cal-Central Marketing Corporation, which was discontinued. Franchising activities were conducted through United Marketing. On January 31, 2001, the company incorporated The Local Times.com, Inc. and New Media, Inc. In August 2001, the company ceased its newspaper operations. On October 3, 2001, ABSS incorporated Money Bucket, Inc., a Nevada corporation, to become the operational unit of ABSS’s fashion business. On December 17, 2001, ABSS entered into a license agreement with Cybernic Holdings, Inc., to produce and brand Aleksander Bla, and to produce and develop a fashion related internet project, Fashion Expo. On October 10, 2002, the Company entered into an agreement to acquire the retail operations of Sheila Allen-Styles with operations in Greenwich, Connecticut and Edgartown, Massachusetts. On March 17, 2003, the Company terminated all business activities. Agronix, Inc. had no employees as of December 31, 2003 and April 13, 2004.
http://www.marketwatch.com/too.....av_profile
Price surging must be from insider leak of acquiring HST Global or fluff fluff from pumpers. I would like this one to go above $5 and fall back to $0.10. Just wondering, why we all could not see this one when it was trading at $0.12-$0.15 range so that we could have rode it till it gets dizzy. Continuation of surging this stock depends on the power of pumpers. They may still realease a fluff fluff PR, pump, even change the company name, etc. to move it higher from here and then if we can find shares to borrow, we will take care the rest once it ripes completely!
15Blithe(TIMBUCKS: $49)
May 10th, 2008 at 7:43 pm
Forget NTHH’s website, it hasn’t been updated since June of 2006. Alan Lew via PNC Labs (empty website registered to him in NY and SEC address is a lawyer’s office in NV) pretty much bought NTHH. In his Linkedin profile he doesn’t list NTHH or PNC Labs, but lists himself as president of ABSS and says he’s working on acquisition for diabetes clinical trails.
16JMonie(TIMBUCKS: $54)
May 10th, 2008 at 7:52 pm
Being pumped by a company that charges 299$ per trade publication release ? emailwire.com looks 100% shady to me
17Jorge
May 10th, 2008 at 8:01 pm
The only research I can come up with so far is that the emailwire.com PR service uses a distribution list to release their PRs.
Unlimited releases to over 22,000 sites and god only knows how many bought email lists? Sign me up.
From above, since Lew is the Director of PNC Labs and the CEO/CFO of NTHH, not to mention that PNC Labs and Lew are the two major shareholders of NTHH stock, it makes sense for Lew to use a shady PR service like emailwire to pump his stock up. PNC Labs is a privately held company with up to 10 employees. Since PNC holds about 19 million shares, if NTHH’s stock were to increase 10x, that’s potentially $190 million for those “employees”.
18Blithe(TIMBUCKS: $49)
May 10th, 2008 at 8:04 pm
Joseph Nchor is emailwire.com.
19codyhof(TIMBUCKS: $98)
May 10th, 2008 at 8:04 pm
Yea im seeing emailwire.com as the only pumper here. Found this press release on 4 different sites now.
Target-distribute your press release to 60,000 industry trade publications and online news sites, 85,000 registered journalists in 22,000 newsrooms, 4,000 global online news sites and over 600 RSS Feeds, blogs and social networks.
The price for one industry is $299 per release, and $99 per each additional industry.
thats alot of numbers….
20Blithe(TIMBUCKS: $49)
May 10th, 2008 at 8:04 pm
but who’s paying him? Maybe we should give him a call.
21A
May 10th, 2008 at 8:06 pm
This is from the emailwire.com website:
About Emailwire.com
Emailwire.com™ (http://www.emailwire.com) is press release distribution service of GroupWeb Media LLC. Emailwire.com™ uses co-branding, viral marketing, RSS feed, NewsML, FTP technology to distribute company news to major and none major newswires, vertical and news websites, portals, individual email boxes through opt-in distribution, and to journalists’ desktops in the format they choose.
Through EmailWire Daily Stocks™, EmailWire.Com helps small, mid-cap or OTC, Pink sheets companies promote their stocks online with their press releases.
22A
May 10th, 2008 at 8:07 pm
EMAILWIRE.COM, January 03, 2008 ) Houston, TX — Each day, market pundits in major media outlets like Bloomberg, Fox Business, CNBC, Alpha Trade, my Track discuss which companies are major players in the stock market – which stocks are hottest of the day. Active traders, investors and potential investors go online to search for these hottest stocks by using ticker symbols.
EmailWire.Com editors will place your press releases in EmailWire Daily Stocks™ — our daily publication that announces the hottest stocks of the day. We then submit your press release to major online news sites such as Google News, MSN news, Excite news, Ask News, My Yahoo News, hundreds of RSS feeds, blogs and many other news portals. When active traders, investors and potential investors check out news on those hot stocks, your press release headline appears. Hence, this gives your news release the best opportunity to impact your stock price.
For more information on how to feature your press release on EmailWire Daily Stocks™, go to http://www.emailwire.com/press.....sheets.php
or call 281-645-4086.
About Emailwire.com
23A
May 10th, 2008 at 8:10 pm
Is it safe to short this dog?
24Blithe(TIMBUCKS: $49)
May 10th, 2008 at 8:16 pm
Ron Howell (aka president of HST) looks like the CEO of “Xooma Worldwide” http://www.xoomaworldwide.com/corpTeam.asp
from “Weight loss water” to curing breast cancer. cool.
25A
May 10th, 2008 at 8:21 pm
I’d say a probable drop lower back down to the $0.10 area if not lower.
This is penny stock fraud at its best. Buy up a bunch of shares before issuing your paid-for press release and then sell your shares to the suckers. Can’t believe this pump and dump cycle repeats over and over again and goes undetected by the SEC.
Jesse Livermore said it best:
“Wall Street never changes, the pockets change, the stocks change, but Wall Street never changes, because human nature never changes.”
26JMoates77(TIMBUCKS: $258)
May 10th, 2008 at 8:28 pm
Tim, I have been searching through your previous posts for a referral link to TOS you posted for another trader. Would you mind posting that link again. I would like to join since TDA doesn’t allow OTC short trades and it looks like that is going to be 90% of what we do here. Thanks.
27Bob (VC)(TIMBUCKS: $237)
May 10th, 2008 at 8:31 pm
It would appear Mr. Nchor is also affiliated with dbusinessnews.com, moneynewswire.net, and groupweb.com. I’m new to the game, but I assume some of these guys are pumpers as well?
So far this is a pretty impressive show of strength in numbers. Lots of info being picked up by everyone here. We better be careful, or Tim will start playing the game Overlord, and thinking we are all his minions.. :)
28marketwizards(TIMBUCKS: $5)
May 10th, 2008 at 8:38 pm
My humble opinion. This is a shell currently with the ticker NTHH. 3 previous tickers from past pump and dumps. Shell can take a private co. and raise capital on the open mkt under thier publicly traded ticker. They are in direct mail advertising. With balance sheet of about a 20 dollar bill. My simple guess without wasting my time is that they take on a co. under thier ticker, help them raise money. Share some profits and move on to thier next scam. The other posibility is that the drug co. is real and wants to become legit and has a real product. If that were the case they would take over the shell, change the ticker again, start filing with the sec and apply for a nasdaq listing. Which would be much faster than going through the normal channels. Thats my take.
29timothysykes
May 10th, 2008 at 8:41 pm
Thinkorswim:
http://www.thinkorswim.com/tos.....de=0907_02
or just highlight my name in the box that asks u how u heard about thinkorswim…thanks!
30marketwizards(TIMBUCKS: $5)
May 10th, 2008 at 8:41 pm
JMoates77, you can just google think or swim and start the process and they will ask you where you heard of them and you can check timothysykes.com and I belive tim will still get the credit for the acc’t.
31Murph
May 10th, 2008 at 8:51 pm
Hey Tim, I have a suggestion. After this contest could you possibly outline step by step of how you would go about researching a stock and what to look for. The website, journals, blogs, google, etc. I know you have written about finding the stocks but how you specifically research would be awesome. Thanks -Murph
32Blithe(TIMBUCKS: $49)
May 10th, 2008 at 8:58 pm
Looks like HST Global (aka Ron Howell) is “The Health Network” (with 100+ websites registered).
Last year GTC Telecom (GTCC) intended to merge with Health… http://goliath.ecnext.com/coms.....145284_ITM
Eric Clemons (name at bottom of HST/NTHH press release) was GTC president (2004 salary of 167k). By the way, that’s his cell…I bet he has unlimited minutes.
Mining, diet water, telecom and cancer cures… what can this company not do?
33Blithe(TIMBUCKS: $49)
May 10th, 2008 at 9:21 pm
Has anyone found any current connections between NTHH and Unico (UCOI)? I’m wondering if Lew has any interests in UCOI and their Deer Trail Mining operation.
34Jeff C(TIMBUCKS: $59)
May 10th, 2008 at 9:32 pm
Ya Tim show us what you’re looking for when you walk through the research process, that would be helpful.
35Jeff C(TIMBUCKS: $59)
May 10th, 2008 at 9:38 pm
Research=Pump and Dump, Jenna Jameson style. Final candle says shorts are taking control…watch and see, just read the chart
36Matt(TIMBUCKS: $9)
May 10th, 2008 at 10:40 pm
I did about 4 hours of googling on “stock promotion” looking for who might be promoting nthh and came up with a bunch of places you can submit your email address and get spammed by these stock promoters. Just make sure your computer has the latest security upgrades before visiting and create a throwaway email addy - don’t use your main email address.
stock promoters:
http://www.thesubway.com/mydefault.asp
http://www.stockguru.com/blog/
http://www.smallcapsnews.com/
http://www.lebed.biz
http://www.promostockpicks.com/ - pay site, but can submit email address
http://www.otcstockreview.com/
http://www.wallstreetresources.net/
http://redhotpennystock.com/
Some of these sites might be legit - I don’t know. I do know Tim likes stock spam for research.
post about how to spot stock promotions:
http://www.thepennystockblog.c.....php?t=3392
blog about stock promotions:
http://www.pennystocksblog.net
37Irrational
May 10th, 2008 at 10:53 pm
There is the news about the recent acquisiton of a health care company, that has recent cancer drug treatment waiting healthcare approval. The holding company before before into China/Asia mining something of another. The only thing that these too things have in common is the hype and buzzwords.
This deal is total BS, because if HST really had something going for it, it wouldn’t be messing with a shady company like NTHH with no real assets. If HST global had something going for it, a real drug company would have supported them.
One thing intersting is that the company changed its name from the deal from NT Holding Corp to HST Global. One motivation for the news was to change NT Holding Corp name, maybe to distant itself from its old name.
http://www.ntholdingcorp.com/ is so shady, with just the news release in text format without a date on it. Compared to other parts of the website which have a clean format of http://www.ntholdingcorp.com/management.htm. This is just odd.
Well its obvious that both companies in this apparant deal are worthless, the question is who is doing the pumping, whether it is an insider or outsider.
After doing further researcher, I say an insider is doing the pumping. Looking at the SEC filings, Alan Lew the CEO owns one percent of the shares, but he is the president of PNC Labs which owns 75% of the shares. They have the greatest incentive to pump this stock up to sell it. I googled PNC Labs and couldn’t find anything about them other than they own NTHH and the are in based in Reno, NV which is just a sketchy city.
Looking further back the financial statements NTHH was apparantly real and was semi legit(at least on paper) and went bankrupt. Alan Lew became CEO of the company in 2007 after the company collapsed into nothing.
I bet he is now deciding to change the company image to dump the stock onto new investors. He probably doesn’t know html, so just made up the crappiest website possible to present his case here http://www.ntholdingcorp.com/.
I am not the expert on penny stocks manipulation so I don’t know if this price climb will continue in the short term, but the stock will more than likely fall back down to nothing in time.
38jibri
May 10th, 2008 at 10:59 pm
Ok guys, let’s talk numbers. How many shares should we buy?
39codyhof(TIMBUCKS: $98)
May 10th, 2008 at 11:03 pm
Tough to say if there is much of an upside left and if there is, how much?
40jibri
May 10th, 2008 at 11:12 pm
Could enter short Monday and hold until????????????
41jibri
May 11th, 2008 at 12:36 am
Hey Tim, under read this Dam it, the links don’t work.
42PETEKUSH(TIMBUCKS: $35)
May 11th, 2008 at 12:56 am
ok shorty the pimp did the pumping and the dumping was done by Nico the ruskie new to liberty city…this stock is sjure to go down based on the fact that timmah and the dogs are shorting it now.
imho
43codyhof(TIMBUCKS: $98)
May 11th, 2008 at 1:01 am
haha.. wouldnt it be something if one day the short interest coming from the members of this site was enough to move markets
44GabeC(TIMBUCKS: $11)
May 11th, 2008 at 1:02 am
It couldn’t be this guy, could it? naaaah.
http://www.wallstreetsurvivor......11452.aspx
I also found this on their latest 10Q dated April-22-08.
LIQUIDITY AND CAPITAL RESOURCES
Cash
Our cash balance as of March 31, 2008 was $0. Compared to the year ended December 31, 2007 where the balance was also $0, our cash balance stayed the same.
The Company does not currently have sufficient capital in its accounts, nor sufficient firm commitments for capital to assure its ability to meet its current obligations or to continue its planned operations. The Company is continuing to pursue working capital and additional revenue through the seeking of the capital it needs to carry on its planned operations. There is no assurance that any of the planned activities will be successful.
The Company has received additional capital through the expansion of vendor financing and loans from its directors and shareholders during the previous quarters and expects such financing will be its only source of capital in the near future.
From time to time we may require extra funding through financing activities and investments to expand the operations of PT Borneo. Also, from time to time, we may come up with new expansion opportunities of which our management may consider seeking external funding and financing. As of March 31, 2008 and date of this report, we did not have any plan for additional funding.
45Ben_Bien(TIMBUCKS: $164)
May 11th, 2008 at 1:02 am
Tim, this context is a great idea because it has far more pedagogical strength than trying to guess bullshit like YHOO. Plus, it lets the community do the research which helps each of us and you too. Shared thinking! Group Cognition! 87 minds (I’m assuming that’s how many regular readers you have) put together is better than one trader alone in his room.
46Ben_Bien(TIMBUCKS: $164)
May 11th, 2008 at 2:34 am
CONTEST*
47Ben_Bien(TIMBUCKS: $164)
May 11th, 2008 at 2:35 am
P.S. Anyone else think STEC is a breakout chart? (good find, Jibri)
48jubya(TIMBUCKS: $9)
May 11th, 2008 at 2:57 am
Tim, what do you think of a company like UUL.V, where you have a huge jump on no news ‘chatter’. Would you be hesitant shorting in this situation? Given the lack of any news (good or bad), are you more likely to think this is just some kind of insider buying going on, in your opinion?
49codyhof(TIMBUCKS: $98)
May 11th, 2008 at 3:05 am
It is my opinion that STEC is too gradual an uptrend. There is also some earnings reports mixed in which is one of the things Tim says to steer clear of.
However, im not the pro
50Blithe(TIMBUCKS: $49)
May 11th, 2008 at 3:26 am
UUL.V and SSE.V have a press release dated Apr 29th, but from both of their charts it almost looks like no one saw it. Is it possible for it to have been release after it’s noted date of Apr 29th?
Or perhaps the movement of both stocks correlates to the price of uranium or some other commodity news?
Anyway, here are both stock’s charts overlayed.
http://finance.yahoo.com/echar.....ogscale=on
51Oliver(TIMBUCKS: $32)
May 11th, 2008 at 6:14 am
NTHH.OB
- NT Holding Corp. Signs Completes Acquisition of Health Source Technologies, Inc.
–> I have no idea from when this was. it is undated and the only thing to look at when you go to http://www.ntholdingcorp.com (here its doing some health source technologies). there was nothing to click or aynthing else on this website.
- this was also posted on may 9th over at tmc.com from emailwire.
- just a page further at http://www.ntholdingcorp.com/profile.htm it is a completly different story and the company is in energy and natural resources businesses.
so what the hell is the company actually doing? probably failing annd seeking attention!
52Matt(TIMBUCKS: $9)
May 11th, 2008 at 9:17 am
This guy may have just been watching the stock, but he knew something was up two days before the runup and donpenny is a pay for play promoter:
http://www.donpenny.com/client.....p;idm=8418
53KEVIN
May 11th, 2008 at 10:28 am
Scottrade won’t even let you short stocks under $5!! They only let you short marginable stocks (stocks over $5), looks like it may be time to switch brokers!! If any of you flippers have other comments on online brokerage accounts let me know, as far as shorting penny stocks. And Tim, yes I already know where you stand my friend.
54RudolphLau
May 11th, 2008 at 12:26 pm
sideways, tight range…
55YngvaiMalmsteve(TIMBUCKS: $593)
May 11th, 2008 at 12:35 pm
Buying at this point would seem a bit risky to me. Buying on 5/7 or 5/8 would’ve been a good idea. But now you’d be chasing the breakout. This thing could tank at any time. Might be better to wait for the short opportunity
56Vince Parker
May 11th, 2008 at 2:04 pm
The entire move in NTHH can be explained by the buying and then pumping by doublingstocks. It is that simple.
57Vince Parker
May 11th, 2008 at 2:09 pm
The move in NTHH is very simply the buying up and then pumping by doublingstocks.
58Jersey
May 11th, 2008 at 4:05 pm
What puzzels me is that nobody is concerned with the company they are acquiring Health Source Technologies. I can’t find any info on it. Doesn’t seem to exist, even looked through the Hampton, Virginia yellow pages. Got to be bull! I would think the move would continue until the press release. Probably have a nice move on the day of the release like VDTI. May be released Monday. If they have 75% of the shares to dump I would think they want it way higher than this.
59Blithe(TIMBUCKS: $49)
May 11th, 2008 at 5:02 pm
Health Source Tech appears to be yet another shell of Ron Howell’s. I wrote earlier about his Xoom weight loss water company, http://www.xoomaworldwide.com/corpTeam.asp Which looks the same as Health Water online http://www.healthwateronline.com/corpteam.php which looks the same as Health thru Nutrition http://www.healththrunutrition.com/corpteam.asp.
All out of 150 Research Dr, Hampton VA 23666
Here’s what they have so far for HST http://hstglobal.com/
All of which are registered by CTO Gus. Copy, paste, pump, dump.
60jj(TIMBUCKS: $76)
May 12th, 2008 at 12:14 am
#14 MillionaireMind – don’t ever believe the financials listed on the company’s web site. You must read the footnotes at the bottom which are very rarely posted, to get the complete story check out http://www.edgaronline as I’ve researched it. However, I think you did a great job at the initial company details. Matt #36 is on the right track also…however you’ve got to take it a step further. When you realize that the merger does not serve any other purpose other than this wanna be oil/ soon to be nutrition pumping/dumping company looking for a cheap way to “go public” and keep from closing their doors. It’s very, very expensive for a company to IPO. So when they do not have the financial means, they will often time’s “MERGE” with another already public company who’s stock has been trading at way below limits and that is not trading high volume and may even be in significant financial distress. Really the last thing keeping them afloat is nothing more than the fact that they ARE listed and have already paid the costly expense to be publically traded. This process is often times referred to as “backing into a shell”. Or more formally a REVERSE MERGER. As described in the edgar online financial statement for March 2008 for NHTT. Sorry for the long copy & paste below but I think it will help explain the rest of my points. Feel free to skip if you want to get through this quickly. http://www.edgaronline.com:
NOTE 3 - REVERSE MERGER, ACQUISITION AND BUSINESS DISPOSAL
On November 1, 2005, pursuant to the terms of an Agreement for Share Exchange entered into by and among the Company, Alan Lew, Tagalder, and the Shareholders of Tagalder (the “Shareholders”), the Company acquired all of the issued and outstanding common stock of Tagalder from the Shareholders in exchange for a total of 19,946,000 shares of the Company’s common stock. For accounting purposes such share exchange was treated as an acquisition of NTHH by, and a re-capitalization of, Tagalder. Tagalder is the accounting acquirer and the results of its operations carry over. Accordingly, the operations of NTHH are not carried over and are adjusted to $0.
Tagalder entered into an Agreement for Share Purchase dated June 26, 2005 to purchase 100% ownership of Hopeful, which is the owner of 75% of FJCC. Such acquisition was accounted for in the financial statements of the Company under purchase accounting. On June 19, 2006, the Company entered into a Purchase and Sale Agreement with System Wealth Limited (”System Wealth”) wherein the Company agreed to transfer all of its interests in Tagalder to System Wealth in exchange for $800,000 to be paid in installments over a six month period.
On March 12, 2006, the Company entered into a definitive agreement with Shanxi Jinhai Metal Group Limited (”Jinhai”) in which the Company and Jinhai formed a 100% interest Sino foreign joint venture company in China under the name of “American - Asia Metallurgical Industry Limited”(”AAMI”). The Company will have a 58% interest in Jinhai through AAMI. On June 5, 2006, the Ministry of Foreign Trade and Economic Cooperation (”MOFTEC”) of the People’s Republic of China (”China”) issued a “Certificate of Approval for the Establishment of Enterprises with Foreign Investment in the People’s Republic of China” to authorize and approve the Company’s
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formation and ownership of AAMI. The terms of the Acquisition were amended on June 27, 2006 and the transaction took the form of an acquisition by the Company through AAMI, not a joint venture as was originally contemplated in the agreement. On June 30, 2006, the Acquisition was completed and closed.
On May 10, 2006, the Company through its wholly owned subsidiary Eastbay Management Limited, a British Virgin Islands company (”Eastbay”), entered into a material definitive agreement by and among Chris Flanagan and Michael Alsop, the major shareholders of PT Borneo Mineral Projects and PT Borneo Mineral Projects (”PT Borneo”). PT Borneo was formed in September 2005 in Indonesia and is in the business of coal mining and export. It owns a right of concession on coal mines on a total area of 19,191 hectares in the territory of East Kalimantan of the Republic of Indonesia. Pursuant to the terms of the agreement, the current shareholders of PT Borneo will own 30% of the equity and Eastbay will acquire the remaining 70%. The transaction was completed on June 2, 2006
On June 6, 2007, two of the Company’s majority shareholders, Fugu Enterprises, Inc. (”Fugu”) and TG Wanasports Management Limited “(”TG Wanasports”), entered into separate agreements with Liu Xiu Lun (”Liu”). Under the agreements, Fugu will transfer 7,941,408 shares of common stock of the Company to Liu for a consideration of $130,320, while TG Wanasports will transfer 10,338,200 shares of common stock of the Company to Liu for a consideration of $169,680. The transaction was completed on June 7, 2007 and resulted in a change in control of the Company.
On June 8, 2007, the Company entered into and completed a Stock Purchase Agreement with Liang Yan Qiong to sell all of the stock in Perfect Growth Venture Corp. (”Perfect Growth”), a British Virgin Islands company wholly-owned by the Company that holds the ownership of Jinhai and AAMI. As a consideration, Mr. Liang shall assume certain liabilities and certain assets of the Company including (i) $2 million in liabilities associated with Perfect Growth owed to the former owners of Jinhai, and (ii) $502,156 accounts receivable (as of June 30, 2007) from System Wealth (from sales of Shanxi Fujia).
On June 19, 2007, Liu entered into and closed a Stock Purchase Agreement with PNC Labs, Inc. (”PNC”) to transfer 18,279,608 shares of common stock in the Company to PNC at a consideration of $350,000 through a payment schedule beginning June 19, 2007 and ending July 31, 2008. A change of control of the Company occurred upon closing.
NOTE 4 - FAIR VALUE OF FINANCIAL INSTRUMENTS
The carrying value of financial instruments including cash and cash equivalents, accounts receivable, advances to suppliers, other receivables, due from employees and other assets, accounts payable, short-term bank loans, customer deposits, taxes payable, other payables and accrued expenses and debt, approximates their fair value at March 31, 2008 and December 31, 2007 due to the relatively short-term nature of these instruments.
NOTE 5-DISCONTINUED OPERATIONS
In the second quarter of 2007, the Company disposed of a significant operating subsidiary. The results of operations and cash flows from this operating subsidiary are reflected in the financial statements of the Company for the quarter ended March 31, 2007. The results of operations and cash flows for the quarter ended March 31, 2008 do not include any of the operations or cash flows of this disposed of subsidiary which should be considered when reading the comparative statement of operations and cash flows.
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NOTE 6 – FINANCIAL CONDITION AND GOING CONCERN
The Company’s financial statements have been presented on the basis that it will continue as a going concern, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company incurred a net loss from continuing operations of $73,343 for the three months ended March 31, 2008 and has an accumulated deficit of $1,085,680 at March 31, 2008. These factors raise substantial doubt as to its ability to obtain debt and/or equity financing and achieve profitable operations.
There are no assurances that NTHH will be able to either (1) achieve a level of revenues adequate to generate sufficient cash flow from operations; or (2) obtain additional financing through either private placement, public offerings and/or bank financing necessary to support its working capital requirements. To the extent that funds generated from operations and any private placements, public offerings and/or bank financing are insufficient, the Company will have to raise additional working capital. No assurance can be given that additional financing will be available, or if available, will be on terms acceptable to NTHH. If adequate working capital is not available NTHH may be required to curtail its operations.
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ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS
The following discussion should be read in conjunction with the information contained in the condensed consolidated financial statements of the Company and the notes thereto appearing elsewhere herein and in conjunction with the Management’s Discussion and Analysis set forth in (1) the Company’s Annual Report on Form 10-KSB for the year ended December 31, 2007, as amended (which is also incorporated by reference herein) and (2) Quarterly Report on Form 10-QSB for the three months ended March 31, 2008.
As used in this report, the terms “Company”, “we”, “our”, “us” and “NTHH” refer to NT Holding Corp.
PRELIMINARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This quarterly report contains forward-looking statements within the meaning of the federal securities laws. These include statements about our expectations, beliefs, intentions or strategies for the future, which we indicate by words or phrases such as “anticipate,” “expect,” “intend,” “plan,” “will,” “we believe,” “NTHH believes,” “management believes” and similar language. The forward-looking statements are based on the current expectations of NTHH and are subject to certain risks, uncertainties and assumptions, including those set forth in the discussion under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this report. The actual results may differ materially from results anticipated in these forward-looking statements. We base the forward-looking statements on information currently available to us, and we assume no obligation to update them.
Investors are also advised to refer to the information in our filings with the Securities and Exchange Commission, especially on Forms 10-KSB, 10-QSB and 8-K, in which we discuss in more detail various important factors that could cause actual results to differ from expected or historic results. It is not possible to foresee or identify all such factors. As such, investors should not consider any list of such factors to be an exhaustive statement of all risks and uncertainties or potentially inaccurate assumptions.
So what does all this BS above tell us?…Well my thought is this. Since this pathetic excuse for a company is trading so cheap they need to rely on the fact that most investors will not spend the time researching these useful online resources and may actually buy into this “HYPE”- as is evident by every other “merger/acquisition” announcements they have made in the past to get their micro-crap company above four cents a share. In other words the company they are merging with, is already listed, (OTCBB). And looking back in DEC of ’07, their stock NTHH, hit a low of three cents. This makes it a much more affordable “MERGER” for the company looking to create wealth on the stock exchange. So now with the newly acquired shell company trading at three cents with no real liquidity/trading volume or hope of surviving, they (the newly merged company) will have to promote itself and create this artificial “hype/trading” to gain back some lost investors. These newly found investors will create more trading demand and if their master plan works the way they want, this stock will be trading over a dollar in two or three days to four days. They will make their profits by selling you a bright future. The value investor will then have their ASSets handed to them a week later when it’s found out that this company never had a leg to stand on and they were taken by some online media blast and pump and dumber con broker pushing the next big thing in Med/Cancer Research that cost less then $2400 to promote on some internet site. Meanwhile you got educated here for less than the $24,000+ /yr. that people are paying for a top education at Harvard Business School only to wind up with more debt than they started with. You ask me? I ask you…do you like apples? Well how bout them apples? That’s right Good Will Hunting. This one is worth the price of admission to learn what really happens and this can’t be taught in some book worm class room.
This merger is completed with a few hundred thousand shares that have already been exchanged lass week to create this supply/demand before their “PRESS RELEASE” and low and behold it worked to spark even more interest once people start to research online and the only news they see is that the merger is taking place. However the smart penny stocker knows better. They realize the costly expense to “going public” and have researched through all the “BULLSHIP” and knowing a bit more than the average “value investor”, they see that all this is artificially hype/trading that’s taken place is crap. So you’ll wait till it cracks $1.25-$2.00 range by Friday. You’ll be ready to reserve your hard to borrow shares come Monday next week and short this beeeeeeyach all the way back down to .75 cents by Thursday. That’s just my prediction though. I could be wrong. Either way, it’s a fun game and too much money to be made!
61jj(TIMBUCKS: $76)
May 12th, 2008 at 12:22 am
By the way, nice profit of $890! The Calloway X-20’s are some of the best iron’s I’ve played!
62muchsmarter
May 12th, 2008 at 7:56 am
The stock is going up because Alan Lew has hired a huge Asian force of promotors to take NTHH to about $5.00 or so and at that time they will raise $$ at this higher level. These guys from Singapore and Thailand are unbelievable in the power they have investing in small companies. I believe that they manage accounts in Australia, Asia, and the Middle East and are able to buy a ton of these penny stocks. I witnessed this group take IPWG with a billion shares in the float to 2.00. With NTHH and only 21M o/s this could be up big. Use limits on the buys!
63muchsmarter
May 12th, 2008 at 8:24 am
BTW, RTRO is the next shell that is set to explode like NTHH is doing. Check filings on RTRO, nothing since 2002 and then all of a sudden a few months ago, you can see that someone is getting RTRO caught up with the 10Q’s and the 10K’s. Very tight float and I expect an annoucement of a deal coming soon.
64jj(TIMBUCKS: $76)
May 12th, 2008 at 8:36 am
Nice find!
65Matt
May 12th, 2008 at 10:44 am
Asian promoters? I was just getting aquainted with the english speaking ones. Does anyone know the Thai or Chinese word for “pump and dump”? :) Googling for info on those guys is going to be tough…
Thanks for the info muchsmarter! Any tips on how to find info like that?
66The Guru
May 12th, 2008 at 5:00 pm
I guess it depends on how you read it but I read this press release to say we have a new sheriff in town. All of the old info of NT Holding Company is old news. I read this as an acquisition more than a merger.
I Googled Ron Howell, he seems solid.
Tell me if I’m wrong?
This is a clip of the press release.
“The build out of HST Global and Health Source Technologies through this acquisition, and seeking approval by the FDA for initial clinical trials for breast cancer treatment, requires a capital structure which includes the participation of Wall Street and the Investment banking community,” said Ron Howell, President of HST. “In reviewing the human and financial capital necessary to bring breakthrough medical treatments to market we realized the private sector could not support our efforts. Once the determination was made to take our company public, a merger with NT Holding Corp. made perfect sense.”
About Health Source Technologies, Inc. HST Global is in the business of developing new drugs to combat cancer.
67Joseph Nchor
July 7th, 2008 at 12:02 pm
EmailWire.com does not “pump and dump” stocks. We are a professional newswire and press release service that publishs and distributes press releases for both public and private companies. We sometimes use keywords, ticker symbols promote press releases.
EmailWire.com is paid to publish and distribute press releases. We do not accept payments in stocks. We do not buy and trade stocks - hence, we have no particular interest in any particular public company.
Thanks.
Joseph Nchor
Editor and Publisher
EmailWire.Com.
68emailwire(TIMBUCKS: $2)
July 7th, 2008 at 12:12 pm
EmailWire.com does not “pump and dump” stocks. We are a professional newswire and press release service that publishes and distributes press releases for both public and private companies. We sometimes use keywords, ticker symbols promote press releases.
EmailWire.com is paid to publish and distribute press releases. We do not accept payments in stocks. We do not buy and trade stocks - hence, we have no particular interest in any particular public company.
Thanks.
Joseph Nchor
Editor and Publisher
69Wondering
August 25th, 2008 at 11:14 am
So do you give negative tim bucks for the really wrong answers here? Great accusations.