Posted On: 06/02/2015 11:04:29 PM
Post# of 96900
From IR:
The company is in the middle of a large capital raise for expansion. The company is growing exponentially right now and this is absolutely necessary. Management without hesitation will be taking these steps to make sure NTEK has the infrastructure to get the job done. They are concerned with the long term success of business and will do whatever it takes. There are rules and regulations for the details around information regarding share structure and a capital raise. This is why the raise in the issuance has to happen before the communication. Any communication regarding this will be made when the company is able to.
I bet there will be news in the morning or by EOW
The company is in the middle of a large capital raise for expansion. The company is growing exponentially right now and this is absolutely necessary. Management without hesitation will be taking these steps to make sure NTEK has the infrastructure to get the job done. They are concerned with the long term success of business and will do whatever it takes. There are rules and regulations for the details around information regarding share structure and a capital raise. This is why the raise in the issuance has to happen before the communication. Any communication regarding this will be made when the company is able to.
I bet there will be news in the morning or by EOW
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