Ha that's the point Have what Amount of Money?
Post# of 96879
I hope you didn't think I meant 7 Million...
An OTC stock should be able to be sold for a Certain multiple of it's Market cap!.. they pretty Much all fall into this Category, EXCEPT NTEK!
5 TIMES THE MARKET CAP - for other socks Sold Immediately. NTEK, DOUBT it would even be Talked about!
10 Times Market cap.. Again this would buy ALMOST any OTC STOCK- BUT NTEK 70 Million, I wouldn't be surprised if they said not even lose and countered with an I am not selling or a HUGE NUMBER!
This is just my opinion (no inside information or sources) But with all of the HUGE COMPANIES like (just for example Sony, or Better Netflix, has got to want NTEK GONE, which in turn means, GOOGLE, AMAZON, APPLE COMCAST or other companies, could all be interested)
So think about it, these companies pay such HIGH AMOUNTS for BUYOUTS of anything... That I have to believe offers or feelers have been put out, and clearly turned down!
I mean 7 million.. please, 15 Million even 50 Million, 75 Million...
These are very small amounts to some of these companies, to not only acquire a company , but the swing could be enormous!
Say Netflix acquired NTEK, and it raised its value (X DOLLARS)
Now say Google acquired NTEK(Google Gains X DOLLARS)
The extremely important part is what would the effect be using Google as an example (Google gains X) Netflix (Loses Y)
So while NTEK has Huge potential as a business, NTEK has HUGE potential to REALLY REALLY HURT another business!
Specifically Netflix, I don't see how they could allow A HUGE COMPEITTOR to acquire NTEK. NTEK, with APPLE/GOOGLE'S COMCAST'S/VERIZON'S Money and Power behind it. LOOK OUT COMPETITORS..
I think people who do not follow NTEK and know all that it can do, realize, what it will become, but also would become instantly, if acquired by a Cash Rich Company!
NTEK, seems to be instead playing ALL sides somehow, which is extremely profitable for them! They do business with all sides.
for NTEK become a $100 Million dollar Company, it needs a very very small piece of the businesses it's in.. I think far more then $100 Million, just picked an example!
NTEK is a GREAT COMPANY that continues to increase it's value, with each acquisition! Also increases it's value to others!
Read the next post...