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  4. Nanotech Entertainment Inc. (NTEK) Message Board

I have crunched some numbers and if NTEK sells (di

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Post# of 96892
Posted On: 07/20/2016 9:27:15 AM
Posted By: Stratocaster
Re: Schekin #62794
I have crunched some numbers and if NTEK sells (dilutes) 20 million shares into the market at say 3 cents that only raises 600,000 bucks. If they dilute 300 million at 3 cents that will raise them 9 million bucks which is near the goal of 10 million they had set as their goal which means the 80 million shares outstanding as of today won't be worth the paper they are printed on. The company has to weigh the effect of borrowing or partnering up for funds versus dilution. I for one will not buy any more stock until management gets real with loyal shareholders. They told us audited financial by the end of April 2015 and audited financials for NTGL Fall 2016 and NO DILUTION Fall 2016 and distribution of NTGL shares (nothing produced) WE need answers and they need to be in WRITING!


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