Taber, I can't say that I disagree with much of
Post# of 96897
Posted On: 02/18/2016 6:18:46 PM
Taber,
I can't say that I disagree with much of what you have to say. My thinking is, this is a one time deal that MUST work or NTEK as we know it is finished. I too fear the 'rinse and repeat' scenario as well as just the stigma of an RS. That's why I was so vocally outspoken against it.
The facts as I see them are what they are, NTEK has announced they plan on doing an RS. It is my opinion they need to do one high enough to avoid a pps drop when they start to dilute again. And they ARE going to dilute again just not a level as we've experienced this past year...at least that's what they say.
Nevertheless, lets say they do a 1:10 RS and lets say the stock is stabilized at .0025 when this occurs. That puts a NTEK post RS at .025pps. Following the RS, stocks typically continue taking hits, not always but initially they do. Couple that with dilution and shorting and at .025 cents we're right back below a penny and thus our investment is worth a fraction of what it was.
The key to avoiding all of this is NTEK's ability to raise non toxic funding with extremely limited dilution, ie for employee stock plans etc or temporarily suspend stock plans all together. But as you said, I don't believe the RS is to up list. So if it's not, what's it for? The only answer I have is, raising additional funds through share selling. And look, the fins would appear to support this conclusion.
Do I like this? I detest it as much as any Long but they don't appear to have any other options, at least none that they're willing to share with us. Since they're apparently not having a conference call we won't know anything about anything for sure until they drop it on us. Do I sound pissed off at this situation? Yes? Good, I got my point across.
Atlas1
I can't say that I disagree with much of what you have to say. My thinking is, this is a one time deal that MUST work or NTEK as we know it is finished. I too fear the 'rinse and repeat' scenario as well as just the stigma of an RS. That's why I was so vocally outspoken against it.
The facts as I see them are what they are, NTEK has announced they plan on doing an RS. It is my opinion they need to do one high enough to avoid a pps drop when they start to dilute again. And they ARE going to dilute again just not a level as we've experienced this past year...at least that's what they say.
Nevertheless, lets say they do a 1:10 RS and lets say the stock is stabilized at .0025 when this occurs. That puts a NTEK post RS at .025pps. Following the RS, stocks typically continue taking hits, not always but initially they do. Couple that with dilution and shorting and at .025 cents we're right back below a penny and thus our investment is worth a fraction of what it was.
The key to avoiding all of this is NTEK's ability to raise non toxic funding with extremely limited dilution, ie for employee stock plans etc or temporarily suspend stock plans all together. But as you said, I don't believe the RS is to up list. So if it's not, what's it for? The only answer I have is, raising additional funds through share selling. And look, the fins would appear to support this conclusion.
Do I like this? I detest it as much as any Long but they don't appear to have any other options, at least none that they're willing to share with us. Since they're apparently not having a conference call we won't know anything about anything for sure until they drop it on us. Do I sound pissed off at this situation? Yes? Good, I got my point across.
Atlas1
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