NanoTech Entertainment Inc (NTEK)

[Helter Skelter]

He shafted everyone with the so-called-buybacks ("retiring" shares, actually recission of shares)...

You owned those shares.



They gave out 500,000,000 shares. And got back 49% ownership in the two entities (NMED and Global Media).

So...that means you (NTEK) owned 49% of the 500,000,000 shares.

49% of 500,000,000 shares comes out to 245,000,000 shares.

That NTEK owned, that you owned.

At $0.1395 per share those 245,000,000 shares were worth $34,177,500.

At $0.06 per share those 245,000,000 shares were worth $14,700,000.

Instead they "retired" them and doled the rest out to...??? < See filings.

This pos-reseller-company would have actually had some value.

Beefed.

lOl...

Now...why would they go and do that? ;)

Good day.