It's interesting that only the common stock is sub
Post# of 96892
Posted On: 06/14/2016 1:25:02 PM
It's interesting that only the common stock is subject to the RS. Post RS there will be roughly 79,000,000 common but still 6,000,000 preferred. Notice how the percentage of ownership skews heavily to the preferred as it isn't subject to the split. The AS is unchanged which is also of some concern. They've taken their sweet time putting this together, let's hope we (the common sh's) aren't holding the bag at the end of the day. It all comes down to whether or not they continue to dilute and the fact they haven't changed the AS which Jeff said they would do makes me raise an eyebrow.
Any great news they may release following this crushing 1 for 25.1 will absolutely be muted if they start printing shares again. Just look at the history folks. AND yes, I know it's just a restructuring but nevertheless it's a negative mindset in the market and NTEK is already heavily shorted. So please stop trying to sell the "restructuring" thing as a zero sum game because if you're honest, you know that's not the reality.
Bring down the AS to 100,000,000 and we have a chance. Leave it at 2,010,000,000 billion and continue diluting and it's all over for the commons.
That's the truth folks, like it or not. It's up to NTEK now.
Atlas1
Any great news they may release following this crushing 1 for 25.1 will absolutely be muted if they start printing shares again. Just look at the history folks. AND yes, I know it's just a restructuring but nevertheless it's a negative mindset in the market and NTEK is already heavily shorted. So please stop trying to sell the "restructuring" thing as a zero sum game because if you're honest, you know that's not the reality.
Bring down the AS to 100,000,000 and we have a chance. Leave it at 2,010,000,000 billion and continue diluting and it's all over for the commons.
That's the truth folks, like it or not. It's up to NTEK now.
Atlas1
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