I agree, but I believe they have paid 60K for Upli
Post# of 96879
I would have to check on the exact amount, but I believe they have already paid 60-80K last quarter for a respected auditing firm so that they could uplist As soon as possible.
I agree with the waiting for it to bottom out. But what is the bottoming out???
I am not so sure they are that far away because of, they have taken all the steps away from up-listing, and a R/S would raise the Stock price, to make it feasible!
I assure you that there are other companies and some investment firms looking at NTEK! They have a Value on the company!
So a realistic question is, how low could the price go before a hedge fund or small cap investment firm simply has to buy??
I mean remember as of RIGHT NOW, the MARKET CAP FOR THE ENTIRE COMPANY IS PEANUTS for a large investment firm
So they may be worrying about that as well. I also COULD NOT IMAGINE THAT THEY HAVE NOT RECEIVED MULTIPLE BUYOUT OFFERS:
either for just specific Divisions
Also for the whole Company!
Can you really imagine that Google, SONY, or APPLE would not pay at least 50 million for this company? I think NTEK thinks and knows it is worth much more!
Remember how many divisions NTEK has. Also companies will pay 50 million or 100 million, for their technology, and also just for them to go away if they are threatening to take business away.
But yes I do see NTEK going down for a little bit longer, then they will buyback A LOT OF SHARES, make an announcement and FLOURISH!
Sorry for the long post. Good luck to everyone