January 8, 2018 Dear Shareholders, At the close
Post# of 96879
Dear Shareholders,
At the close of business today we received a notice from OTC markets that a Caveat
Emptor was being placed on our symbol on OTC markets with the following notice
“Your company has been labeled with Caveat Emptor at
http://www.otcmarkets.com/stock/NTEK/quote as a warning to investors for the
following reason:
Promotion –The security is the subject of ongoing promotional activities having the
effect of encouraging trading of the issuer's securities in the OTC market, and there
is not adequate current information available for investors. As a matter of policy,
when it has come to the attention of OTC Markets that a security has been the
subject of promotional activities, OTC Markets may at its discretion label a security
"Caveat Emptor." Promotional activities may include news releases, spam email,
and newsletters, whether they are published by the issuer or a third party.
The Caveat Emptor symbol (a Skull and Crossbones icon) will remain on your
company profile until OTC Markets Group believes there is no longer a public
interest concern. “
We have done a thorough search on the internet for any NEWS or other promotion
type activity on NTEK and we cannot find any. Once we have been provided with
such information, we will immediately verify if there is anything being stated that
is untrue and post accordingly
2450 Kruse Drive, San Jose, CA 95131 1.408.414.7355 www.ntek.com
It should be noted:
- We have conducted an inquiry with every person with the company,
including but not limited to management, directors, and control persons. No one
has sold or purchased the securities within the past ninety (90) days.
- We currently have no service providers providing IR services, public relations
services, promotions of any kind, marketing or other related services, nor have we
had any such service providers in the past year. The company has never engaged
in promotions of any kind.
- The company has issued shares and convertible instruments in the past, and
all of those issuances have been listed in our filings as posted on OTC markets and
our corporate website.
- The company has voluntarily imposed a ninety (90) day blackout period for
insiders.
- The company has not taken on any new financing in the past one hundred
and eighty (180) days. All financing has been previously disclosed in our quarterly
filings on OTC Markets and our corporate website.
We have engaged with a Securities attorney to help research the necessary steps
to communicate with OTC Markets and will update you as soon as we have more
information. We consider this a top priority and expect to have it resolved in the
very near term