Posted On: 10/25/2015 9:31:31 AM
Post# of 96881
We agree that NTEK may well end up being the incubator for several spin offs including already accomplished NTGL and in the not too distant future UltraFlix.
Lets say it was spun off on a 1/10 ratio with an authorized of 300 million and an outstanding of 188,900,000. With audited financials and a well known and recognized Board of Directors we would trade at a much much higher price.
We would continue to own our NTEK shares which should also become more valuable as the value of the spin offs increase. How many shares would NTEK own of a spun off UltraFlix could prove to be very very interesting. Might this be part of the reason for the 400 million share increase? How many shares of NTGL will NTEK own after the spinoff is 100% completed? Anyone know because I sure don't. Remember those short on 2/6/15 are liable for NTGL shares and a similar situation would exist if UltraFlix follows a similar path.
This is all speculation on my part but imho it could be very rewarding for both shareholders and NTEK as well. Go NTEK!!!
Lets say it was spun off on a 1/10 ratio with an authorized of 300 million and an outstanding of 188,900,000. With audited financials and a well known and recognized Board of Directors we would trade at a much much higher price.
We would continue to own our NTEK shares which should also become more valuable as the value of the spin offs increase. How many shares would NTEK own of a spun off UltraFlix could prove to be very very interesting. Might this be part of the reason for the 400 million share increase? How many shares of NTGL will NTEK own after the spinoff is 100% completed? Anyone know because I sure don't. Remember those short on 2/6/15 are liable for NTGL shares and a similar situation would exist if UltraFlix follows a similar path.
This is all speculation on my part but imho it could be very rewarding for both shareholders and NTEK as well. Go NTEK!!!
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