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Nanotech Entertainment Inc NTEK
Posted On: 10/29/2014 5:51:38 AM
Post# of 96892
Posted By: JohnJohn
Re: WinstonNC #7837
Winston, your post prompted me to ask IR about your doubts re. usage of the 50M+ shares ... and Lorraine (some IHUB-clown yesterday meant she´s gone, LOL) answered promptly and IMO quite plausibly:

Quote:
Von: Lorraine Cullivan [mailto:lorraine@ntek.com]
Gesendet: Dienstag, 28. Oktober 2014 18:28
An: xxxxxxxxx
Betreff: RE: NTEK

Al Stone notified shareholders that we would be issuing shares in his August letter to Shareholders to employees as part of the their compensation and option plan and as part of M&A activity. Specifics about issuances are reported in each quarterly financials. We are not issuing shares to pay bills.

From: xxxxxxxxxxxxxxxxxxxxx
Sent: Tuesday, October 28, 2014 1:58 AM
To: Lorraine Cullivan
Subject: NTEK

Good morning, Lorraine,
09:57AM here …
Just 1 question:
What about the by 50M increased O/S … badly hope it´s a good sign …
A poster on INVESTORSHANGOUT (a MB where ya won´t see any bashing) said if they use them for mergers etc. it´s ok … otherwise, we don´t know unfort. … it also could be for paying bills … and if so they´ll be in big troubles next time … esp. because everyone expects a significant pps-convalescense before black Friday …
TIA and best regards.
xxxxxxx (3M shares)
Austria














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