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Nanotech Entertainment Inc NTEK
Posted On: 02/16/2016 8:24:17 PM
Post# of 96891
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Posted By: kbulldog
Re: braden32601 #52458
A lot of people on the board are targeting r/s of 1 to 4 up to 1 to 15. If it does fall in that range, what does it get us? Where is the value in that? There isn't any.

PPS will be between .01 and .0375, and compared to where we are at now, we'll still be at the mercy of the MM'S and manipulation. I see no value in taking an r/s to that pps level.

R/S enough to get the pps well above 0.10, get the private financing to support content deals and audits. We already have the revenue, so all 3 boxes are checked for an uplist and leaving this POS platform for good. Need to have 90 trading days above a dime, which is around 4.5 months. By the time they get the above actions in place, 4.5 months takes us to sept, right when the fy16 annual results are published and audited.

Using cash now to buy back shares? Makes no sense as we're in growth mode. All funding to go to grow the business and emerge as the premier choice in our market. Only other cash to be used to support the uplist, which will preserve equity and legitimacy.

Regards,
kbulldog.














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