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Nanotech Entertainment Inc NTEK
Posted On: 01/23/2016 4:57:01 PM
Post# of 96896
Posted By: dennyd
Re: Stock_Hunter #49426
For me #2 is by far the most important unless they were to come out and say in plain English revenues are more than covering expenses and the existing debt but I do not believe we will reach that point until UF is close to 1M subs. Maybe we are 1/3 there. We can also get a good read on the subs when the financials are released mid Feb.

The # 1 problem for SH has always been the company debt, dilution, and repeated A/S raises. The company needs to be straight with their SH as to their progress on this front. This is especially true since MGT has already stated the debt is a problem that needs to be resolved.

Very much looking forward to this weeks SH update. NTEK please address the toxic debt in your update as your SH have the right to know as part owners of NTEK














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