I've been told by what i have reason to believe is
Post# of 4205
Posted On: 01/01/2015 2:09:41 PM
I've been told by what i have reason to believe is a reliable source that my prognostications were only partially accurate.
The part about umg/ultraflix im told is not accurate. Im told ultraflix will remain part of ntek.
Unfortunately, and im trying to clarify this point,
Gaming will move to hvel, and ntek will be compensated by the amount of the value at the time of the transfer transaction.
This means once gaming is spun off, ntek shareholders will no longer reap the benefits. Just like i said, there is no reason to screw us. This will result in minimal compensation since pps is so low.
Furthermore, the only reason to do this, in my opinion, is to benefit ntek and hvel officers while screwing both shareholders.
After putting gaming assets into hvel, for minimum compensation to us, (because nteks pps is so low, having suffered from nteks ongoing inability to deliver what they say when they say it), officers will then, in my opinion, issue themselves more shares of hvel. There's only a million or so shares outstanding, while the A.S. is 45 million, and can be raised even higher.
With the expected high revenues generated, the new company, that we won't be part of, with the newly issued shares to officers, will reap big profits
while those of us who suffered through depressed pps caused by the dilution of shares issued to raise funds to acquire hvel,
Get screwed again by not being able to share in the revenues generated by hvel.
Happy new year to you too!
If i get word that im wrong i will publish a retraction, but for now, the information i've been given says my assessment is accurate.
The part about umg/ultraflix im told is not accurate. Im told ultraflix will remain part of ntek.
Unfortunately, and im trying to clarify this point,
Gaming will move to hvel, and ntek will be compensated by the amount of the value at the time of the transfer transaction.
This means once gaming is spun off, ntek shareholders will no longer reap the benefits. Just like i said, there is no reason to screw us. This will result in minimal compensation since pps is so low.
Furthermore, the only reason to do this, in my opinion, is to benefit ntek and hvel officers while screwing both shareholders.
After putting gaming assets into hvel, for minimum compensation to us, (because nteks pps is so low, having suffered from nteks ongoing inability to deliver what they say when they say it), officers will then, in my opinion, issue themselves more shares of hvel. There's only a million or so shares outstanding, while the A.S. is 45 million, and can be raised even higher.
With the expected high revenues generated, the new company, that we won't be part of, with the newly issued shares to officers, will reap big profits
while those of us who suffered through depressed pps caused by the dilution of shares issued to raise funds to acquire hvel,
Get screwed again by not being able to share in the revenues generated by hvel.
Happy new year to you too!
If i get word that im wrong i will publish a retraction, but for now, the information i've been given says my assessment is accurate.
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