NanoTech Entertainment Inc (NTEK)

[shajandr]

Restricted shares only come off restriction if the shareholder demands that the legends be removed and requests the company to agree and supply documentation to the TA and outside legal counsel. It's not something that happens automatically.

Which brings up another point about the scam called NTEK.

The company HQ is in San Jose, where the Bay Area is packed with quality securities lawyers - Wilson, Sonsini or Cooley Godward, or Fenwick, or Gunderson, Dettmer, or any of two dozen satellite offices of East Coast and Midwest megafirms.

But who does NTEK use as their securities lawyer?

A solo practioner from Baton Rouge, Louisiana who advertises one of his specialty areas is offering Rule 144 delegending opinion letters for restricted stock "within 24 hours"

http://www.steverobertslaw.com/rule144.html

Yeah, that's how a legit Silicon Valley tech company selects securities law counsel - find a solo practitioner 2500 miles away in backwater Louisiana who advertises a specialty in delegending restricted stock - and within 24 hours!


How can anyone not see all these SCAM red flags EVERYWHERE on NTEK?