This was pony-posted earlier today...
I'm calling BS on this. Here's the thing. I work for a company that has been around less time than NTEK. We are well beyond projected expectations of income. When I bought into NTEK, this company had three, count them, THREE employees. We just hired our 160th employee. What's the difference? People that have a clue what they are doing. The people that started this company are also industry professionals, but they also have a vision and they are sticking to it, and most importantly, everyone around here is working their collective arses off for a specific goal to make this company better. We are literally 4 times better off financially than we were expected to be at this point, and hey, all without having to piss away anyone's investment into a company.
The problem here is not dilution, it's that these guys can't deploy their own waste on a regular basis under any sort of time table. They manage to constantly look completely inept with all the stumbling they are doing with their products, and they continuously promise things that continuously don't happen.
You know what the difference in between these guys and my company? Morals to do what we say we're going to do. There is no reason for them to follow through or care about investor contentment. We're in the microcaps. They can just throw another billion fricking shares out there and there's not a damned thing we can do about it. They could care less about whether the loyal investors are getting screwed more and more every time they mismanage and have to dilute again and again.
I really used to think this company was going to be something. It turns out it really is going to be something, but it's not something any of us long term investors want. And anyone that is believing one iota of what any of the company or any of the pumpers are saying, including some that we have been hearing a lot from lately, is a complete and utter idiot.
Quote:Something to consider from Investopedia about "dilution"
Share dilution may be imminent any time a company needs additional capital. The potential upside of share dilution is that the additional capital the company receives from issuing additional shares can improve the company's profitability and the value of its stock.
Read more: http://www.investopedia.com/terms/d/dilution....z3fP0C7GN3
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Profitability and increase share value don't happen overnight. That is not a realistic expectation. If your looking to all of a sudden "get rich quick" in a security, none of us are that lucky
We're talking about a company that is trying to grow here. REASONABLE slip ups are to be expected. There are always unexpected pitfalls. If you've ever worked in a start up, you would realize this.
Goals were stated in the shareholders letter. I'm sure some may be missed or delayed. It doesn't mean you don't hold management accountable for their actions, but give some reasonable leeway. NTEK doesn't totally control the whole business situation, it involves multi-billion dollar companies that can at times move like molasses. I also don't want NTEK to deliver news based on speculation. I wantreal news, good or bad, so I can make a sound investment decision. JMHO
Read More: http://investorshangout.com/post/view?id=3045...z3fPEvpGoA
I'm calling BS on this. Here's the thing. I work for a company that has been around less time than NTEK. We are well beyond projected expectations of income. When I bought into NTEK, this company had three, count them, THREE employees. We just hired our 160th employee. What's the difference? People that have a clue what they are doing. The people that started this company are also industry professionals, but they also have a vision and they are sticking to it, and most importantly, everyone around here is working their collective arses off for a specific goal to make this company better. We are literally 4 times better off financially than we were expected to be at this point, and hey, all without having to piss away anyone's investment into a company.
The problem here is not dilution, it's that these guys can't deploy their own waste on a regular basis under any sort of time table. They manage to constantly look completely inept with all the stumbling they are doing with their products, and they continuously promise things that continuously don't happen.
You know what the difference in between these guys and my company? Morals to do what we say we're going to do. There is no reason for them to follow through or care about investor contentment. We're in the microcaps. They can just throw another billion fricking shares out there and there's not a damned thing we can do about it. They could care less about whether the loyal investors are getting screwed more and more every time they mismanage and have to dilute again and again.
I really used to think this company was going to be something. It turns out it really is going to be something, but it's not something any of us long term investors want. And anyone that is believing one iota of what any of the company or any of the pumpers are saying, including some that we have been hearing a lot from lately, is a complete and utter idiot.
