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Nanotech Entertainment Inc NTEK
Posted On: 12/30/2015 4:41:07 PM
Post# of 96892
Posted By: Disco Bob
Re: BigHank #46507
Nano Tech was reducing O/S, issued dividend, and new CEO bought 10 million shares at .17. All this on launch of NP-1. Then suddenly mgmt. decides the future is with a TV app and that shift in tech need money to develop for different platforms. The dramatic price drops were a result of adding 1 billion shares to the o/s to realize the market potential. This played heavily into the hands of the bashers who made a lot of money criticizing anything the company was doing. If NTEK was on a higher board much of the news ntek reported would have made this stock go up. But low volume has played into the hands of those seeking lower pps. Longs have benefited recently picking up cheapies too. 2016 this all changes and that's why the excitement grows. Revenue growth gets the attention to move rapidly forward and if mgmt. reduces o/s watch out.













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