Posted On: 06/19/2014 11:16:52 AM
Post# of 96881
As for Share issuing, THE TA needs to be involved and approve any new share issuing along with the board! The (Transfer Agent) does not just issue share for no reason with no explanation!
Contrary to many people's beliefs there are standards (legal ones) that need to be followed. David explained in depth, but I could not find the post! Hopefully I will shortly!
So if NTEK does issue shares, i would not even worry about it, because that means that they have acquired something or struck a deal to increase the value of their company!
BUT NO THEY DO NOT HAVE THE AUTHORITY TO JUST ISSUE AND SELL SHARES, IT IS A WHOLE PROCESS!!
Contrary to many people's beliefs there are standards (legal ones) that need to be followed. David explained in depth, but I could not find the post! Hopefully I will shortly!
So if NTEK does issue shares, i would not even worry about it, because that means that they have acquired something or struck a deal to increase the value of their company!
BUT NO THEY DO NOT HAVE THE AUTHORITY TO JUST ISSUE AND SELL SHARES, IT IS A WHOLE PROCESS!!
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