As far as the buy out point, DF didn't say he would sell only the value had to be within that range of where the average of all those that responded to the survey said they would be satisfied. So those that bought at a penny of course would be happy with a .05 or .10 a share offer. The impression is that the company would not be interested in looking at offers less than the median of shareholders sell point for consideration. I don't know if Jeff Foley still has the 10 million shares he purchased at .17 that's $4.27 post split. Despite all the postponements and delays the company is still alive after struggling seven or more years with very little money to operate on. Hopefully, the $5 million bridge loan is real to resolve the issues need for the Bridgeport loan.
(7)
(1)
Nanotech Entertainment Inc. (NTEK) Stock Research Links