NanoTech Entertainment Inc (NTEK)

[BeverlyH]

Gaping holes in outerwebz accounting...

"NTEK Market Cap = $3M

Revenue for the PAST Quarter = $3.8M

Annual Revenue = $17M +"

People seriously need to take a basic accounting class out in interwebz land. Quoting gross figures - even false gross revenue figures - is for suckers.

Let's get serious. Even going off of NTEK's fake, fraudulent, unaudited financials:

Cash on hand as of last annual report - $20K or whatever. And this pathetic cash balance (which is the only number that matters in terms of making potential new investments in content, new hires, infrastructure, etc.) is only achieved after a year of massive dilution, multiple new toxic loans and a crushing reverse split. After all, it's not like this scam is going to go out and get a credit line from Deutsche Bank. For goodness sakes, they now list FelonFoley's wife as a creditor. Seriously?

Oh and NOT accounting for the $2,507,000 NTEK knew they owed in unpaid monies to K2 and Long Side Ventures, in addition to the 34-300 million shares of NTEK stock NTEK knew they owed. Those debits should have been accounted for quarters ago, and certainly in the annual financials on the debit side, as NTEK knew these were due.

Pumper clowns preaching garbage financial summaries to completely unsuspecting targets. Shameful.

Pumpers shoving idiot nonsense to other morons who are not availed of all the information or can't think for themselves and do simple DD doesn't make those pumpers less moronic. It makes them no better than the Federal Inmate paying them to pump.