NanoTech has been experiencing massive growth (NE
Post# of 96880
Posted On: 07/14/2016 7:48:57 AM
NanoTech has been experiencing massive growth (NEEDED TO RECAPITALIZE)FOR NEED TO EXPAND..SO this is the plan NTEK outlined
1)a substantial expense in building out the network is having the capital necessary to secure the rights to major studio properties. We need to continue to use capital to secure such licenses.
(as needed to reach beyond our resources to secure finances to allow the growth to continue)
2) recapitalize the company...This will allow our investors to secure their investment while we grow, and protect our shareholders by reducing the exposure to huge share increases.(NTEK HAS OUR INTEREST)
3)a much improved balance sheet allowing us to move forward
with future funding options that do not require the same amount of exposure to share issuances as were required in the past. All of this is of great benefit to both the company and our shareholder
4) reserving a block of restricted shares(HOW MUCH? of the 500,000,000?) as incentive for our loyal employees who have built an incredible network. In addition we will use these (RESTRICTED NO MORE DILUTION)for attracting new key management and technical staff in the highly competitive Silicon Valley environment as we continue to build our team.
5) expand our facilities in both the Hollywood and Boston regions to support the continued growth of 4K Studios and the NanoTech Media development team
1)a substantial expense in building out the network is having the capital necessary to secure the rights to major studio properties. We need to continue to use capital to secure such licenses.
(as needed to reach beyond our resources to secure finances to allow the growth to continue)
2) recapitalize the company...This will allow our investors to secure their investment while we grow, and protect our shareholders by reducing the exposure to huge share increases.(NTEK HAS OUR INTEREST)
3)a much improved balance sheet allowing us to move forward
with future funding options that do not require the same amount of exposure to share issuances as were required in the past. All of this is of great benefit to both the company and our shareholder
4) reserving a block of restricted shares(HOW MUCH? of the 500,000,000?) as incentive for our loyal employees who have built an incredible network. In addition we will use these (RESTRICTED NO MORE DILUTION)for attracting new key management and technical staff in the highly competitive Silicon Valley environment as we continue to build our team.
5) expand our facilities in both the Hollywood and Boston regions to support the continued growth of 4K Studios and the NanoTech Media development team
(2)
(0)Nanotech Entertainment Inc. (NTEK) Stock Research Links
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