LET ME SHARE SOME RECENT HISTORY AND HOW IT CAN BE
Post# of 96879
Posted On: 05/24/2013 1:44:10 PM
LET ME SHARE SOME RECENT HISTORY AND HOW IT CAN BE A PREDICTOR OF THE FUTURE:
NanoTech Entertainment (NTEK) Completes Buyback Of Ten Percent Of Its Common Stock Jan. 25, 2013 NTEK today announced that it has completed the first phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company plans to repurchase a total of roughly 25% of its outstanding common stock on the open market or in privately negotiated transactions. The program identified two stages, whereby a total 75 million shares would be acquired in phase one and 120 million shares would be acquired in phase two.
Feb. 1, 2013 NTEK today announced that it has now completed the second phase of a plan to buy back shares of its common stock The NanoTech Board of Directors had previously authorized a share repurchase program under which the company repurchased 25% of its outstanding common stock from the open market and in privately negotiated transactions. The program identified two stages, whereby a total of 195 million shares were acquired. The company had completed the phase one buyback on January 25th 2013 and has now completed the phase two buyback.
May 6, 2013 NTEK today announced that it has released its Quarterly Financials for the period ending March 31, 2013 (Q3FY13). The report shows revenues are up 37% over projections. NanoTech also completed the third phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors authorized a share repurchase program under which the company repurchased 42 million shares of its outstanding common stock in a privately negotiated transaction designed to optimize resources and cash flow while reducing outstanding shares. So far in 2013 a total reduction of 238 million shares have been acquired by the company and returned to treasury.
NanoTech Entertainment (NTEK) Completes Buyback Of Ten Percent Of Its Common Stock Jan. 25, 2013 NTEK today announced that it has completed the first phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company plans to repurchase a total of roughly 25% of its outstanding common stock on the open market or in privately negotiated transactions. The program identified two stages, whereby a total 75 million shares would be acquired in phase one and 120 million shares would be acquired in phase two.
Feb. 1, 2013 NTEK today announced that it has now completed the second phase of a plan to buy back shares of its common stock The NanoTech Board of Directors had previously authorized a share repurchase program under which the company repurchased 25% of its outstanding common stock from the open market and in privately negotiated transactions. The program identified two stages, whereby a total of 195 million shares were acquired. The company had completed the phase one buyback on January 25th 2013 and has now completed the phase two buyback.
May 6, 2013 NTEK today announced that it has released its Quarterly Financials for the period ending March 31, 2013 (Q3FY13). The report shows revenues are up 37% over projections. NanoTech also completed the third phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors authorized a share repurchase program under which the company repurchased 42 million shares of its outstanding common stock in a privately negotiated transaction designed to optimize resources and cash flow while reducing outstanding shares. So far in 2013 a total reduction of 238 million shares have been acquired by the company and returned to treasury.
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