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Posted On: 01/05/2018 10:13:12 AM
Post# of 1608
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DF is not in a position to talk for NTGL. NTEK holds 130 million spin off shares as an investment credit but can't distribute the shares until NTGL authorizes release. The shares help NTEK balance sheet and until NTGL is ready to make announcement no distribution. I think NTEK knows more than they can relate and are keeping silent for a reason. I believe NTGL is working to develop a interactive gaming machine using their technology suitable to casinos and until they are ready for production with a manufacturing partner we are in the dark. It's easy for NTEK to deflect shareholder inquiries of why they haven't received their shares by stating NTGL is a separate company and refer inquiries to them and when you do you get no answer from them so its a catch 22. Distribution of shares would negatively effect NTEK at this point until NTEK can grow their revenue. It doesn't help NTGL as they have no revenue at this point we know of. Personally I think by this summer if not sooner everything will be revealed to us. A NTGL employee did relate attendance at 2017 G2e in Vegas but were there as industry spectators and not to seek new business.
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