From the DD I've gotten, the company is not diluting to run
From the DD I've gotten, the company is not diluting to run the operation.
Who knows who is actually doing it.
There are two main ways to finance an OTC company. Selling shares or toxic financing. Either way your going to get dilution if you don't start making money.
Investing on news is speculation. At best that will give you a temporary rise in share price based on emotion, not real value and the share price will just drop to where it was to start with or lower.
If your making money flipping the stock I suppose that's a viable strategy. IMO I think NTEK is in the game to create a real product that has value to customers.
Creating value for the customer creates sustainable revenue. That creates sustainable shareholder value....and more investors.
Lets face it....we who are in NTEK now are speculative retail investors that either see long term potential in what the company has to offer, people who will flip the stock based on the ups and downs or people who try to short the company into oblivion.
To be honest, I hope the people trying to capitalize on the demise of NTEK choke on the lack of info. It limits what they can do to run down the company.
I agree with you about a share buyback. I'm really not a big fan of them, it takes money that could be used to grow the company and instead props up the share price, but at the current share price it is kind of hard to resist doing it. Sweet deal for the company and the shareholders I think....
I hope we all have GL on our invstment....
Nanotech Entertainment Inc. (NTEK) Stock Research Links
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