Posted On: 09/24/2015 4:46:45 PM
Post# of 96892
Re: Sitting Bull #32960
Dude, I just pointed out that 83% is only until the audits are complete and the S-1 is filed.....once that happens....all those shares get distributed to the shareholder of record. Got it?
What that means is the 150M shares that make up the 83% WILL be given out to the NTEK shareholders!!!!!!!! Period! end of discussion.
Quote:
NOTE: The Company has been notified by NTEK management that all or part of the NTEK Shares will be requested
to be listed in the Company’s Form S-1 as a spin-off to the shareholders of NTEK, with such amount to be decided
by the board of directors of NTEK upon further discussions with its corporate securities counsel specifically
regarding the SEC requirements for such a transaction as set forth in “SEC Staff Legal Bulletin No. 4” issued on
September 16, 1997. The NTEK Shares will not be distributable to the shareholders of NTEK until such time as: (1)
What that means is the 150M shares that make up the 83% WILL be given out to the NTEK shareholders!!!!!!!! Period! end of discussion.
(0)
(0)
