In regards to buybacks, I assume anything can be written into a contract and with the low pps, NTEK may be putting clauses into the agreements for content where they can buy shares back at a later time at an agreed upon price. For example: Use 100 million shares to procure content for a year ($1mm) with the contingency that the shares can be bought back at the end of the contract at a price double the current pps ($2mm). Many companies would go for this. You can't really dump 100 million shares without negatively effecting the pps, so allowing a company the opportunity to buyback shares can benefit both parties.
(0)
(0)
Nanotech Entertainment Inc. (NTEK) Stock Research Links