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  4. Nanotech Entertainment Inc. (NTEK) Message Board

To add to previous Atlas post. Although I don't e

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Post# of 96900
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Posted On: 05/01/2017 9:52:36 AM
Posted By: Disco Bob
To add to previous Atlas post. Although I don't expect too much from revenue being reported on May 15th, the quarterly won't be as bad as previous one since the $1.6 mm write off for litigation. Dr. Gulas has made a big difference as well as founder DF returning back in January. With 4K Studios being moved there is a brief period of no revenue from that operation true. But don't forget balance sheet showed investment credit in NTGL at the end of Dec 31 was $871,000 (130mm shs X .0067 pps). At end of Mar 31 it was $1,261,000 an increase of $390,000. So although I don't expect too much from May 15 report except news of what's going on, its not going to be that bad. I am expecting a even better report for present quarter as business seems to be progressing well now.


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