mmmmm I am going to go ahead and say this is false
Post# of 96879
Posted On: 09/23/2015 4:05:54 PM
Re: Stock_Hunter #32637
mmmmm I am going to go ahead and say this is false. You are suggesting that there is zero link between NTEK and NTGL once the shareholders receive their shares. But logically this makes no sense. Why would NTEK buy a majority stake in a company, send one of their biggest names to be its CEO, give up IP and other company assets, and receive essentially nothing in return. According to your theory, if NTGL revolutionizes the gambling industry, becomes a multi-billion dollar company, and the stock price soars to $30 a share, NTEK would still be stuck where it is at independent of that success.
As a shareholder, I was glad of the acquisition because I am going to receive free shares of NTGL, but what you are suggesting means that was ultimately an extremely poor decision. I think you are misunderstanding their corporate structure.
As a shareholder, I was glad of the acquisition because I am going to receive free shares of NTGL, but what you are suggesting means that was ultimately an extremely poor decision. I think you are misunderstanding their corporate structure.
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