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Posted On: 07/21/2018 11:52:24 AM
Post# of 96869
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SC, I have a different perspective. Ntek was advancing their technology while DF was present and the pps went up and O/S were reduced 250 mil. Then he went away for a matter that had nothing to do with ntek. While he was gone previous management began issuing shares left and right and had problems adapting changes in technology which resulted in 25.1 r/s. When DF came back everything was a mess and pps was not much different than what it is today. The $21 mil is for content contingent on factors that the company has to resolve first. The $5 mil bridge loan is to resolve past debt, law suites, etc. Financial problems are not unique to NTEK alone, all companies big and small go through it especially emerging companies as well as established ones. I'm down over 90% like many who have invested here over five years. I believe DF is working his tail off to make the company he founded viable in the market place. He has everything invested in this venture and despite constant attack and criticism he is trying his best to forge ahead and make the company successful. He has not given up and that is all that matters at this point. If we don't support his efforts then we all will lose hope of any recovery.
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