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  4. Nanotech Entertainment Inc. (NTEK) Message Board

Thanks for the share count update. So it looks

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Post# of 96892
Posted On: 11/25/2015 3:47:35 PM
Posted By: PAI
Thanks for the share count update.

So it looks like we increased the O/S by about 25 million shares in a week so with about 215 million shares left to go that will give us about 8.6 weeks of time before we max out the share count.

That gives us around the first week of Feb to get things squared away and finances figured out and revenues to grow enough to hopefully not need to increase the A/S anymore otherwise they will have to figure out what to stop spending on or increase the A/S or get some other financing.

Do I have this correct or am I missing something important?

I am hoping they have enough revenue by then to justify their spending and expenses and be self sufficient. It could also come quicker if the share price goes down further and they need to sell more shares to make the same amount of money or of course longer if the share price goes up and they sell less shares per week. I am not sure if they are focused on amount of shares to sell per week or amount of money per week.

PS: I would have thought with the amount of shares traded last week that we would have added more shares to the O/S.


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