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  4. Shub's Shack Message Board

Oh and aren't we coming up on a year now when we s

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Post# of 2009
Posted On: 04/13/2016 4:40:13 PM
Posted By: krid60
Re: Shub #1685
Quote:
Oh and aren't we coming up on a year now when we should have had our NTGL shares?

This is what they published in the CEO's letter to Shareholders, Feb.6th. (last year that is):
Quote:
HVEL has purchased the assets of NanoTech Gaming Labs from NanoTech. For that acquisition NTEK has been issued shares in HVEL. NTEK will be distributing those shares, upon registration and approval to its shareholders based upon their holdings in NTEK as of the close of market today, February 6, 2015. NTEK will record all shareholders of NTEK stock and their holdings and use that as the basis for distribution of shares. A timeline cannot be given as the registration and issuance of HVEL shares is controlled by the SEC.

Quote:
HVEL will be renamed to NanoTech Gaming, and have its ticker changed to reflect the name change. Shares are being registered with the SEC and will be free trading upon approval of their issuance. HVEL is being audited and we anticipate that the audits and applications for registration with the SEC and up listing to OTCQB will take place in the next 90 days. http://www.otcmarkets.com/otciq/ajax/showNews...f?id=13457

That didn't work out, did it ?
An audit of a company that has no revenue takes more than a year to complete ? Wasn't it last reported as being finished within weeks after the last SHM. Yeah, then some troubles with a handful of successive accountants. But it's coming, sure is ... soon ...

But hey, NTGL shot up 25% today. Great !
Someone spent a whole 40 bucks, + fee.



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