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  4. Nanotech Entertainment Inc. (NTEK) Message Board

I am opposed to any R/S. A 15 for 1 doesn't do an

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Post# of 96897
Posted On: 03/23/2016 12:39:36 PM
Posted By: Disco Bob
Re: dennyd #55029
I am opposed to any R/S. A 15 for 1 doesn't do anything for me at all except I have a lot less shares at equal value at .07 and my break even point becomes many times higher. You want to see this stock go rapidly up look at what the pps was before the dilutions. If ntek announced a buy back program with the robust $$$ they claim are making watch this stock fly. If the dilutions didn't happened this stock would be easily trading in the twenties if not higher. It was never explained adequately why it was necessary to even dilute to begin with. Hundreds of millions of shares let go for what .007? for what? The shares are so cheap right now the company should be gobbling up as much as they can like many of the longs have been doing all along. R/S sucks if you bought 15K shares at .17 ($2,550) 15X1 r/s 1K at .07 ($70) B/E now is $2.55.. How fast will ntek achieve that pps? There better be a real real good reason to do a r/s at sub penny to a few pennies that will benefit us more than a serious buy back program. I see no advantage. Do they want to issue more shares at a higher pps and can't do it at sub penny?.


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