Just think if the company did do a 1 for 10 RS equaling 179
Just think if the company did do a 1 for 10 RS equaling 179 million shares at that point.
Now, for those that think the shorts have something to do with the pps decline. Let's imagine it takes some TIME but the shorts eventually get the pps back to .005 a share post r/s and it hovers around that range for a while.
The company could buy back 200 million shares with only 1 million dollars. Huh?
So, if the cash is rolling in and NTEK is executing their plans and is profitable, shorting this company to the ground post r/s seems impossible to me. IT'S ALL ABOUT GROWTH. If the company grows we got this, if not ... :< But shorting this company seems very dangerous.
I will continue to add responsibly pre and post r/s, doesn't matter imo. Shares will be hard to come by.
Please keep in mind that I am a bull with this stock and not a bear. These are just my quick thoughts.
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Nanotech Entertainment Inc. (NTEK) Stock Research Links
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