OK, here's the deal ... first, I did NOT claim tha
Post# of 96879
I'm a huge Alan Stone fan ... my gut feeling is he knows how to grow a business (former President and CEO of Sega enterprises and a co-founder of Nintendo) ... and with his leadership, the Audited Financials will be completed. I met Big Al at this year's Shareholders Meeting ... this guy is a pro's Pro ... and I liked his response to fellow long Stoflat ... when Mr Stone confidently uttered "We won't let you down brother". He also stated to the audience that the NanoTech team compares very favorably with Nintendo and Sega ... Wow.
Al Stone ...
Quote:
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. With that being said, we have to issue shares from time to time, including issuing shares as part of strategic mergers and acquisitions, and in attracting world class executives and key employees that bring incredible value to our team.
The addition of some of those restricted shares is just a part of doing business (Sony, Vizio, Best Buy, etc) for a start-up ... I'll take it. The increased exposure that comes with deals with the MAJOR players will put many more eyes on NTEK ... and NanoTech still has plans to reduce the OS as the profits roll in. The bottom line is the progress made by this company in a relatively short period of time is mind boggling ... NTEK is in the best shape it has ever been in ... Let the good times roll.
NTEK is the Real Deal.