straight of the the official NTEK facebook page:
Post# of 96869
The company is obligated to the terms of the convertible debt to issue shares upon conversion notice. We have worked with Royal Capital to reduce the debt ratio substantially and are sending a proxy package to shareholders outlining the discounts we have an option to realize. As with all investments, everything is reviewed by multiple lawyers to ensure that NanoTech consistently follows all SEC regulations with every and all issuances of stock.
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