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  4. Nanotech Entertainment Inc. (NTEK) Message Board

Financials will IMO not be that good for last year

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Post# of 96900
(Total Views: 256)
Posted On: 10/05/2017 9:11:38 AM
Posted By: Disco Bob
Financials will IMO not be that good for last years FY. NTEK started with 80 mm shares and ended up with 178 mm O/S. During that time they had litigation costs and settlements, relocation of all or part of operations costs, interruption of related revenue streams, rewarding loyal employees for service costs, reorganizational costs, financing costs. If not for the 130 mm NTGL shares they carry the bottom line is that they need the $21 mm to bail out of the previous FY and have funds to move forward with their plans. So I look for financials to be released to coincide with counter news to put last year behind and show they are a going concern with what they have been doing. I hope this "coming" news will be spectacular for the company and its long loyal shareholders.


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