Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Nanotech Entertainment Inc NTEK
Posted On: 09/02/2015 10:23:51 PM
Post# of 96892
Posted By: ReadTheChinaStudy
Re: Stratocaster #30278
Strat, it's been a while since I've had to explain this and I'm going off of memory at this point, but I'll give it a shot. NTEK originally set aside 15 million shares from the HVEL acquisition to be dispersed to NTEK shareholders. After the 10-1 forward split, that brings that share count to 150 million. If you divide 150 million HVEL shares by the amount of outstanding shares of NTEK on February 6, which I believe was around 724 million, that comes to about 20.7%. So if you multiply the amount of shares of NTEK that you owned on February 6 by 20.7%, you should come up with the NTGL shares you should receive. Please keep in mind that I'm not an accountant and I could be very wrong.













(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site