UNDISPUTABLE FACTS OF NTEK ARE THE FOLLOWING: they
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UNDISPUTABLE FACTS OF NTEK ARE THE FOLLOWING: they have a legitimate presence in Silicon Valley, a contract with the largest Iternet backgbone known (with their own servers), an engineering team that is white hot with cutting edge technology jammed in the pipeline for recurrring revenue for the foreseable future, global presence and marketing / manufacturing, High Profile with proven track record Directors with resume's that include building billion dollar business ventures, a forward thinking business plan, and no end to their creative talents. What's not to love about this company. Now add that to what is outlined below and this is a long-term buy, hold, and get healthy stock. NO BRAINER!
Only a company with a long-term plan and concern for the health of its stock and stockholders aggressively buys back it stock in this fashion.
So far in 2013 a total reduction of 238 million
shares have been acquired by the company and returned to treasury.
“Our total issued and outstanding shares have now been reduced to fewer than 546 million shares. The shares have been returned to
treasury and our new lower total outstanding shares are now reflected in our accounts at our transfer agent," stated Jeffrey A. Foley, President and CEO of NanoTech. “This continued reduction in outstanding shares has given us more leverage for future contracts and investments strengthening the company while increasing shareholder value.” Foley closed by stating “With pinball product sales higher than forecast, combined revenues being to flow from both our media and communications divisions, we are looking for a continuation of growth in the second quarter of 2013 (Q4FY13) and beyond. Our goal is to move into profitability this year.”
FINALLY, OUT FRONT ON 4K STREAMING, I CAN'T EVEN IMAGINE WHAT IMPACT THAT WILL HAVE ON THE BOTTOM LINE BY THIS TIME NEXT YEAR!
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