Bottom Line....NTEK pps is in trouble and has been for a
Bottom Line....NTEK pps is in trouble and has been for a long time. All the while the company has been diluting shares. IF the company were doing well, the dilution would've ended or slowed and they would've come out in support of the stock. But to dilute 738,000,000 in roughly 6 months after having just finished diluting 290,000,000 million shares oughta tell you something. But if that's not enough, to continue to dilute at .0038 - .0040 pps as they did on January 28th surely must at least make you take pause and question what's going on, right? That is, if you're not an ostrich with your head stuck in the sand.
I had hoped the diluting would have stopped following the two promos but it hardly even slowed it down. Nevertheless, like most of you, I'm still hopeful but the reality is we likely aren't as well off as we've been led to or want to believe.
On the other hand, maybe they're done diluting and the 52 extra large is being held for employee stock plans. I know one thing is certain, lots of questions to be asked in less than a week from less than pleased shareholders.
Atlas1
Nanotech Entertainment Inc. (NTEK) Stock Research Links
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