NTEK Discussion 08/29/2014 03:29:39 $NTEK
I will mark your post NTEK LONG AND STRONG!!!!!
Green day! +almost 3%
- Go NTEK
NTEK Stock Message Board http://investorshangout.com/Nanotech-Entertai...TEK-64947/
The absence of audited financials after they've been promised so many times is in fact evidence of their absence, yes.
The fact that they've never bother changing their promise to produce them, nor ever explain the repeated failure to even begin them, is all the proof I need to know for an absolute fact that they never plan to publish audited financials, and after giving a glance to the comical financials they do publish, it's painfully obvious why: their financials are blatant lies.
Quote:
So your evidence is the absence of evidence then? OK
If NTEK were to buyback and retire only 1/2 as much as the sum total of the last big reductions, we'd be very close to locking things up at the 615,000,000 mark.
"NanoTech CEO Jeffrey A. Foley stated, “In this third phase of the share reduction, we were able to retire over 93 million shares. Some of those shares were used in negotiations with two recent acquisitions of companies and technologies that we had not planned for. Those opportunities just presented themselves a couple of months ago, and we felt that the strategic value justified the use of some of those shares. Those acquisitions coupled with our continuing expansion and growth and efforts to attract the best talent and technology that we can find, means that our net reduction at this time was roughly 46 million shares, or 9% of our issued and outstanding shares.” Foley closed by noting “We have also reduced our authorized shares from 990 million to 740 million. We have done this as a further indicator to the investment community of the direction that the company is heading. We no longer need to issue large blocks of shares to fund the company and instead only need the ability to cover ongoing employee commitments and leave room for possible further growth through mergers and acquisitions.”
http://www.businesswire.com/news/home/2013080...ent-Common
"The company has plans starting next month to buy back shares and as recent filings have shown company executives have been purchasing tens of thousands of dollars’ worth of shares in the past two weeks at these bargain prices."
http://www.otcmarkets.com/otciq/ajax/showNews...df?id=9670
"We have had many questions about share reduction and share buybacks. Our business plan calls for the use of a portion of profits to buy back shares and reduce our outstanding shares. We have to balance this use of proceeds with other needs of cash including upcoming mergers and acquisitions, and when it makes sense we intend to reduce our outstanding shares as much as possible."
http://www.otcmarkets.com/otciq/ajax/showNews...f?id=10956
No kidding, couldn't be more true! NTEK spending money to make BIG money!
MORE NTEK-FUN HERE: IMAGINING THE FUTURE!!!
4K Panels in Municipal Location & NTEK can do DS in Glasses-FREE 3D
Shopping List:
[] "4K Studios" processing
[] Nuvola NP-C
[] 4K TV Panel
[] ProFlix
[] GS3D
[] NanoTech software, expertise, technology & products
can make this happen!!!
Just a GREAT VIDEO demonstrating UltraHD/4K TV Picture!!!
More on NTEK, Augmented REALITY & INFO HERE:
I will mark your post NTEK LONG AND STRONG!!!!!
Green day! +almost 3%
- Go NTEK
NTEK Stock Message Board http://investorshangout.com/Nanotech-Entertai...TEK-64947/
The absence of audited financials after they've been promised so many times is in fact evidence of their absence, yes.
The fact that they've never bother changing their promise to produce them, nor ever explain the repeated failure to even begin them, is all the proof I need to know for an absolute fact that they never plan to publish audited financials, and after giving a glance to the comical financials they do publish, it's painfully obvious why: their financials are blatant lies.
Quote:
So your evidence is the absence of evidence then? OK
If NTEK were to buyback and retire only 1/2 as much as the sum total of the last big reductions, we'd be very close to locking things up at the 615,000,000 mark.
"NanoTech CEO Jeffrey A. Foley stated, “In this third phase of the share reduction, we were able to retire over 93 million shares. Some of those shares were used in negotiations with two recent acquisitions of companies and technologies that we had not planned for. Those opportunities just presented themselves a couple of months ago, and we felt that the strategic value justified the use of some of those shares. Those acquisitions coupled with our continuing expansion and growth and efforts to attract the best talent and technology that we can find, means that our net reduction at this time was roughly 46 million shares, or 9% of our issued and outstanding shares.” Foley closed by noting “We have also reduced our authorized shares from 990 million to 740 million. We have done this as a further indicator to the investment community of the direction that the company is heading. We no longer need to issue large blocks of shares to fund the company and instead only need the ability to cover ongoing employee commitments and leave room for possible further growth through mergers and acquisitions.”
http://www.businesswire.com/news/home/2013080...ent-Common
"The company has plans starting next month to buy back shares and as recent filings have shown company executives have been purchasing tens of thousands of dollars’ worth of shares in the past two weeks at these bargain prices."
http://www.otcmarkets.com/otciq/ajax/showNews...df?id=9670
"We have had many questions about share reduction and share buybacks. Our business plan calls for the use of a portion of profits to buy back shares and reduce our outstanding shares. We have to balance this use of proceeds with other needs of cash including upcoming mergers and acquisitions, and when it makes sense we intend to reduce our outstanding shares as much as possible."
http://www.otcmarkets.com/otciq/ajax/showNews...f?id=10956
No kidding, couldn't be more true! NTEK spending money to make BIG money!
MORE NTEK-FUN HERE: IMAGINING THE FUTURE!!!
4K Panels in Municipal Location & NTEK can do DS in Glasses-FREE 3D
Shopping List:
[] "4K Studios" processing
[] Nuvola NP-C
[] 4K TV Panel
[] ProFlix
[] GS3D
[] NanoTech software, expertise, technology & products
can make this happen!!!
Just a GREAT VIDEO demonstrating UltraHD/4K TV Picture!!!
More on NTEK, Augmented REALITY & INFO HERE:
