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  4. Nanotech Entertainment Inc. (NTEK) Message Board

It is true when they were a startup company coming

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Post# of 96892
Posted On: 07/09/2016 5:29:44 PM
Posted By: Disco Bob
Re: themanz1 #61930
It is true when they were a startup company coming out of R/D many employees received shares to supplement their pay. But according to their financials they have been making growing revenue each quarter and making payroll. WinstonNC posted several times the quarter by quarter growth for past several years. FY 2016 total revenue is about $18 million or so. fuja21 posted during a visit to company that many lower level employees are buying shares as fast and as often as they can afford. Very encouraging I would say. The reason for the sub penny situation we have been experiencing this year is primarily due to several necessary dilutions. There is about 2 billion o/s which killed the pps and subjecting the stock to manipulation. If you look at the number of shares being traded each day and compare it to the number being held tight you will realize that there is a good reason why so many investors believe in this company and what they are doing with the future of 4K. FY 2017, is going to be awesome. Hang good tight and you shall be glad you did.


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