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Nanotech Entertainment Inc NTEK
Posted On: 05/26/2016 8:37:20 AM
Post# of 96892
Posted By: AlanC
Re: mikemc1001 #59938
You are spot on! The shorts are so desperate they are checking the social media regularly of anyone with any past or present connection with the company. 4 million shares sold short yesterday alone. The total must be staggering. They are counting on the reverse split that was announced months ago but has not materialized and the Royal Capital Shares that were issued having been sold. What if those shares have not been sold into the market?
What if those shares have been borrowed against and end up being retired as part of the recapitalization plan?
Meanwhile, quietly the company is extending its reach getting on more and more platforms. Platforms with the giants of the industry I might add. Does anyone reading this think these giants do deals with pink sheet companies without first doing thorough DD? I don't. There is a good reason why all the giants of the industry are doing business with NTEK and it is no doubt a very good reason. I'm not a techie but I suspect Ultraflix has some kind of advantage that we don't realize or understand yet. Meanwhile just keep extending your reach and increasing shareholder value. Go NTEK!!!













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