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  4. Nanotech Entertainment Inc. (NTEK) Message Board

I totally agree, I know that ntek will ultimately

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Post# of 96892
Posted On: 02/04/2016 10:14:31 PM
Posted By: Disco Bob
Re: Zattnt #51166
I totally agree, I know that ntek will ultimately succeed. Unfortunately for me personally I was notified by Ameritrade that since I turned 71, I must take $3,000 out of my IRA which I converted every penny of $89K into 2 mill shares of NTEK. At .003, I have to sell half my shares and lose 44.5K of my IRA. I will try and repurchase shares win cash account with the 3k proceeds which means I will have to pay tax on it again when shares are sold. So I am hoping the shares will advance before April 15 so I don't have to sell so many of those shares and pay commissions and taxes. I think its possible with share reduction and revenue gains that ntek pps could rise rapidly hopefully sooner than later. I bought shares in the IRA and intended to withdraw 10,000 a month beginning 2017 for twenty years.


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