Denny - I think that you need to find these invest
Post# of 96879
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Posted On: 03/29/2017 4:54:41 PM
Denny - I think that you need to find these investors in a different form. Either we already know about them, or the investors are acting through SWIG.
One of the ways to look at SWIG is that NTEK has already built the vehicle and that the completed vehicle is worth 50% in a future merger, and that SWIG's responsibility is to invest in the building of the cloud, the back office and functionalities such as advertising revenue, and that the completion of SWIG's effort will justify SWIG's future 50% ownership of a future merger.
The benefit to NTEK is that we aren't paying for that. The real advantage is that SWIG is a natural to get this done better and faster than NTEK can do it by ourselves. In fact, were we to try to go it alone we would fail.
The advantage of all of this is that David and Ivan/NTEK and SWIG have worked together and known each other and have been collaborating for an extended time period already. Much of what is going on is a known entity.
If David and coders already at NTEK can upgrade the thinks NTEK is responsible for (remember David's call for beta testers and a statement that certain significant upgrades will be ready in 45 days - which was stated about a month ago), then NTEK solidifies it own right to a 50% share of the future.
If Ivan and SWIG, carry their responsibility, then they will also earn their right to 50%.
Obviously the 50/50 nature of the future is a guess.
I don't think you are going to see these investors in NTEK filings.
Paul
One of the ways to look at SWIG is that NTEK has already built the vehicle and that the completed vehicle is worth 50% in a future merger, and that SWIG's responsibility is to invest in the building of the cloud, the back office and functionalities such as advertising revenue, and that the completion of SWIG's effort will justify SWIG's future 50% ownership of a future merger.
The benefit to NTEK is that we aren't paying for that. The real advantage is that SWIG is a natural to get this done better and faster than NTEK can do it by ourselves. In fact, were we to try to go it alone we would fail.
The advantage of all of this is that David and Ivan/NTEK and SWIG have worked together and known each other and have been collaborating for an extended time period already. Much of what is going on is a known entity.
If David and coders already at NTEK can upgrade the thinks NTEK is responsible for (remember David's call for beta testers and a statement that certain significant upgrades will be ready in 45 days - which was stated about a month ago), then NTEK solidifies it own right to a 50% share of the future.
If Ivan and SWIG, carry their responsibility, then they will also earn their right to 50%.
Obviously the 50/50 nature of the future is a guess.
I don't think you are going to see these investors in NTEK filings.
Paul
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