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  4. Nanotech Entertainment Inc. (NTEK) Message Board

NTEK knows exactly what they are doing . Al Stone

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Post# of 96891
Posted On: 04/28/2016 5:20:31 PM
Posted By: Disco Bob
NTEK knows exactly what they are doing . Al Stone has years of experience in this industry having been CEO of Sega and co-founder of Nintendo. Jeff Foley was CEO of his company Clear Memories. I got into this three years ago May, 2013 when the effort was to reduce o/s. Last years SHM we were told they money to get through the year before the launch of Ultraflix. The dilutions were told is to take advantage of opportunities so far the ROI may not yet be realized up to expectations. If Ultraflix subscribers are indeed signing up by the thousands daily then I've got to believe the continuous dilutions we've seen must be for a good purpose and why they haven't been disclosed must be for a good reason as well. Each dilution regardless of the stated purpose hurts the long term purchaser. The shares I bought at .17 now worth .004 will take even longer time to recover. Without info I expect shares to drift back in to .002 range. R/S will have to be in the hundreds like 400 for 1 to get us off pinks. You can also measure your breakeven point 400X higher. The buy back scenario I have come to grips is not going to happen they don't have the money. The 950 Paramont movies we rented was for 15 months so more money is going to be need to keep that going .


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