Wednesday, July 13, 2016 2:38:27 PM
They talk about the company being undervalued and not recognized by the market…
They talk about not doing any more short term debt and instead getting long term financing…
They talk about how their business plan is working, debt reduction and the company revenue is growing…
They talk about how they are expanding into other markets and getting new clients…
And here’s what we got:
1/1000 RS effective date May 18, 2015
AS increased to 200M (effective date Oct 26, 2015)
AS increased to 500M (effective date Feb 5, 2016)
AS increased to 2B (per April 4, 2016 Press Release… they didn't even bother with the Amendment)
No 2015 Annual Report - NTN 10K for period ending Aug 31, 2015
No 2016 1st Qtr Report - NTN 10Q for period ending Nov 30, 2015
No 2016 2nd Qtr Report - NTN 10Q for period ending Feb 29, 2016
If you want to go back and see what they were saying the previous years about their disruptive products, strategic alliances, and “acquisitions” be my guest.
But here’s what we got (along with the previous 1/100 RS):
AS increased to 1 Billion shares (effective date Dec 31, 2012)
AS increased to 2 Billion shares (effective date Feb 14, 2014)
AS increased to 5 Billion shares (effective date May 12, 2014)
AS increased to 10 Billion Shares (effective date July 21, 2014)
So now, what is it the company is saying about 2016?
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