New Technology Acquisition Holdings (EM) (NTAC)

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-26331

March News:Former ENERKON Chairman Files $50M Defamation Lawsuit Against Radio Free Europe and Journalist Todd Prince


NEW YORK, NY, March 20, 2025 /24-7PressRelease/ -- Former ENERKON Solar International (ENKS) Chairman Benjamin Ballout has filed an individual lawsuit against Radio Free Europe (RFE) and its journalist Todd Prince, adding them as a counter claim defendant in sec case number Civil action No. 9:24-cv-81170 alleging defamation, financial damages, and violations of federal statutes. The lawsuit, filed pro se in the United States District Court for the Southern District of Florida, seeks $50 million USD in damages and calls for criminal referrals to the U.S. Department of Justice.

The legal action stems from a series of articles published by RFE and Todd Prince between May and December 2021, which Ballout claims contained false and misleading statements about him and his company. The lawsuit alleges that the defamatory publications led to significant financial and reputational harm, including an SEC trading halt on ENKS stock, negatively impacting thousands of shareholders and investors and a Investor in ENKS.

Key Allegations in the Lawsuit:
• RFE and Todd Prince intentionally published false and misleading articles about Ballout and ENKS, leading to financial loss and reputational damage.
• The publications allegedly violated congressional appropriations laws by using U.S. federal funds to target an American citizen and company, actions that are legally restricted.
• The SEC initiated regulatory actions against ENKS following the articles, causing a temporary stock trading halt, which Ballout claims resulted in millions of dollars in investor losses.
• Ballout asserts that RFE and Prince acted with malice, falsely alleging fraudulent press releases and business dealings by ENKS.
• The lawsuit also suggests potential violations of national security laws, citing foreign collusion with Russian intelligence and opposition figures in Ukraine.

Call for Media Engagement & Public Support
Ballout welcomes interviews with U.S. and international media outlets to further clarify this landmark case, which could reshape the landscape of corporate protection against government-funded misinformation campaigns we allege are illegal.

This marks a significant moment in financial justice and media responsibility.

About Benjamin Ballout
Benjamin Ballout is a global investment leader, former Chairman of ENERKON solar International (ENKS), and an expert in blockchain, investment banking, and regulatory affairs. His extensive experience spans financial governance, international markets, and corporate legal protections.

For more information, legal documentation, or to request an interview, please contact:

Diplomatic Trade
Benjamin Ballout
Chairman & CEO

45 Rockefeller Plaza, suite 2000
New York- NY-10111
Office: 877-501-1977
877-501-8100

Diplomatic Trade Ltd is a global investment and financial services firm specializing in private equity, investment banking, and government-commercial relations. The firm plays a strategic role in facilitating high-value transactions across key sectors, including energy, technology, real estate, and blockchain finance. With a strong presence in international markets, Diplomatic Trade Ltd bridges the gap between governments and private enterprises, driving economic growth through strategic partnerships, trade facilitation, and financial advisory services.

For more information, visit: https://diplomatictrade.com

500 shares trade today, maybe there still is hope for us

Nobody knows

Has anyone heard anything on NTAC? Last message was mid-April. Radio silent since then. No financial filings or announcements. Are they still in business?

loaded what I could months ago b4 EM read much

Still 🏴‍☠️ CE still holding
How did you load more shares with CE?

sure hoping so loaded what I could months ago b4 EM, patiently waiting for dollars PPS when all is a go NTAC

Expert Market to Pink. CE Removal candidate? 31m float

$NTAC

💰0.0130
(https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379)💀, Pink Limited, AS: 200M, OS: 85M, US: 31M

Update Delay: 60 minutes (https://telegram.me/otcupdatesbot?start=joinnow)

⚫️Dark or Defunct Badge Removed

Reporting Standard Updated:
🔴 Dark: Alternative Reporting Standard
🟢 Alternative Reporting Standard

Tier Updated:
🔴 Expert Market
🟢 Pink Limited Information

Chart (https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/NTAC/security), Twitter (https://twitter.com/search?q=$NTAC&src=typed_query), @otcupdates

Company should have produced audited financials. They keep trying to fight the process. That's not helping shareholders.

Seems pointless otcmarkets has kept them hostage for so long it’s truly sad what they do to these companies

Need the attorney letter. Given the annual was late, that probably delayed the process. That said, the company should post something on X and break the silence.

expert now I guess they gave up

thankx NTAC always believed this could see $1 min once CE is removed, zero dilution in years NTAC Security Details
Share Structure
Market Cap Market Cap
$1,113,197 hell we got Cash $ 10,171,980 Total Assets $ 239,663,395 Net Income (loss) from Operations $26,972,386 Net Income (loss) per common share (basic and diluted) $ .31498
01/16/2024
Authorized Shares
200,000,000
01/16/2024
Outstanding Shares
85,630,510
01/16/2024
Restricted
54,518,510
01/16/2024
Unrestricted
31,112,000
01/16/2024
Held at DTC
23,667,200
01/16/2024 now with filings this can get very interesting for 2024 https://www.otcmarkets.com/otcapi/company/financial-report/390620/content

NTAC just released annual earnings through Sept 2023. Revenues of $59M, net income of $26M, and earnings per share of $ .31. Pretty impressive. We should be trading for at least 10X earnings or over $3.00 per share. They have to get the caveat emptor label removed on OTC Markets. And do some marketing. This looks like a very underrated stock.

NTAC a bit of life any wayz

Extension Filed

https://www.otcmarkets.com/stock/NTAC/disclosure

Clearly the CE must be removed. If that will happen I have no idea.

That’s no good for us Floridians and the rest in the USA that are still holding

Canadians can buy. Need CE removed no doubt

Pink current
Unrestricted 31,112,000 shares

0 able to buy 🏴‍☠️

They reported Q3. Annual is due by end of December. Plus 15 days if they extend. They are still pink current.

cant add NTAC and not worth selling so just holding

NTAC has been radio silent for quite a while. Still having issues with their OTC designation of caveat emptor. Have not reported 3Q earnings. Been silent on X. Any idea what is happening? Are we still in business?

buggers. lol

not really just OTC Markets fkn with us lol $NTAC

💰0.0190
(https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379)💀, Pink Current, AS: 200M, OS: 85M, US: 31M

Officer(s) Added:
🟢Myra Frappier, CEO
🟢Michael Vichmidt, Executive Director
🟢Carmen M Camejo Alvarez, President



Director(s) Added:
🟢Carmen M Camejo Alvarez, Director
🟢Myra Frappier, Chairwoman



Chart (https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/NTAC/security), Twitter (https://twitter.com/search?q=$NTAC&src=typed_query), @otcupdates

Interesting

$NTAC lets see new faces here

💰0.0190
(https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379)💀, Pink Current, AS: 200M, OS: 85M, US: 31M

Officer(s) Removed:
🔴Myra Frappier, CEO
🔴Michael Vichmidt, Executive Director
🔴Carmen M Camejo Alvarez, President



Director(s) Removed:
🔴Carmen M Camejo Alvarez, Director
🔴Myra Frappier, Chairwoman



Chart (https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/NTAC/security), Twitter (https://twitter.com/search?q=$NTAC&src=typed_query), @otcupdates

Just saying it went through on the bid.... and there are people that have been bid sitting for months

who bids 250k shares on a stock that trades less than 10k ave

Was it not just a huge dump into the bid?

NTAC huge volume for this ticker, did someone find something out

3wheeler this is really good news.
Been a very long time waiting.
Almost died waiting.
I am sure some did die waiting:
God rest their soles.
CE got to go!

They’ve tweeted multiple times that they are working on it. Fingers crossed.

CE Removal candidate?

CE still needs to come off but getting progress NTAC

$NTAC

0.0303
(https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379)💀, Pink Current, AS: 200M, OS: 85M, US: 31M

Tier Updated:
old Pink Limited Information
new Pink Current Information

Chart (https://www.tradingview.com/symbols/NTAC/?offer_id=10&aff_id=29379), OTC Profile (https://www.otcmarkets.com/stock/NTAC/security), Twitter (https://twitter.com/search?q=$NTAC&src=typed_query), @otcupdates

Update: 2023-09-15 05:55:10 (UTC)

$200M in assets, sure hope so should blow right thru dollars to multi-dollars if they finally get CE removed

$NTAC traded 69,000 shares @ 3 cents
Quarterly’s are up to date.
Any luck with this being listed Pink Current soon?

just posting what another had on twitter

Thanks for the information. Is Glendale the firm that charges 7% to make a trade?

Danthemoonman
@Danthemoonman2
·
Jul 14
$NTAC So through some phone calls I have made I’m 100 percent sure Glendale is on this. I do not know when or any timeline but it sounds confident we will get 211 filed.

agreed just holding as cant buy any more or I would be NTAC

Strong cash position. Good revenues and $ .06 earnings per share for the quarter. If that is sustainable, we have about $ .25 per share annualized. The stock should be trading for at least 10X earnings or $2.50 per share. Need to get the CE taken off so people will start buying.

https://www.otcmarkets.com/otcapi/company/financial-report/371347/content

https://www.otcmarkets.com/otcapi/company/financial-report/370941/content

It looks that way. Need one to submit the 211 and then Finra approval. Looking forward to the Q

Are we still waiting on the market maker? It has been months. Hopefully good 1st quarter results to be posted soon.

Waiting on a market maker to file a 15c211