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Stock is hitting .01 every day now.
Needs a miracle to reverse this downtrend.
Anyone buying ntek at 02 will eventually be down.
They're just getting started with the dilution from the A/S raise. They'll prolly max out the SS this year again.
Volume has been huge past 3 days
Cause people are frantically unloading their ntek shares.
I wouldn't hold through this dilution
When the dust settles they might dilute this to sub penny
ntek yet to find a bottom looks like.
still in free fall
Audits are a huge lie to keep people holding.
If they could audit NTEK they would have done it before this recent round of dilution because they could have made a lot more selling those 250 mil shares with audits.
NTEK being audited is the equivalent of management putting themselves in prison and locking the door.
We all know how important tweets and facebook likes are to NTEK
Social Media Pump and Dump
Lot more .01's to print this month and the next.
This is going to tank at blinding speed.
Foley can sell now, BIG can sell now, 250 more mil shares from A/S raise... minimal buying from retail investors and no buying from institutional investors.
Failed to deliver a paramount movie this week that was hyped up by management
I don't think you realize the magnitude of new shares that can now be sold.
Anyone buying at .02 will be under water on that investment just a matter of time.
This will be trading in 1 penny next week I feel.
Maybe play a bounce from .01 back to .02
Long term this is going back to sub penny
NTEK barely holding on to the .02's now
Ultraflix is NOT a threat to netflix.
NTEK is a form 15 pink sheet stock, with a proven track record of lying and dilution. It's also a 4k only streaming service with only 4-5 okay B tier movies and a lot of other crap nobody will pay to watch.
This will be trading at 1 penny in few months with all the new shares authorized.
Between the new dilution and all the shares insiders can freely sell now.
The exit is going to be very narrow
NTEK promoters are even turning against them.
Think BIG wanted to sell at a much higher pps.
On the sell off;
"It was a product of once again dropping the ball and screwing up communication relative to when the Paramount deal would be announced. During the CC Peter said this week. The written PR said "within the coming days". Anyway you slice it that eluded to this week. Now it's apparent that we won't hear about the deal this week and for many this was the final straw after the CC flop. Can we recover? Yes but boy have we dug ourselves one hell of a hole now. The communication failures are appalling and frankly in excusable at this stage. Bottom line is that investor confidence is at an ALL time low. Time to wake the f#*k up to be blunt. We cannot afford another screw-up."
CEO said there would be an Oscar Award winning movie added to ultraflix this week. Currently no new movies available on ultraflix, tomorrow should be interesting.
Never believe the words of pink sheet stock hiding from the SEC
All the shares bought today will be RED sooner then later.
250 million reasons why
Hes got plenty more to sell.
Its not just him too, management raised A/S by 250 million and are churning through those shares.
He prolly saw the PPS down 30%
"whoops"
No major award winning films this week or month fyi
Shares are flowing to an ever dwindling number of bag-holders.
First NP-1 bait and switch
Now its the ultraflix movie's bait and switch.. still waiting for the 50 new movies davey promised, and the award winning paramount films that were PR'd.
Doesn't look like any new movies for ultraflix this week.
NTEK stating things they cant deliver once again.
With A/S hike dumpfest 2015 is just getting started for NTEK.
No Oscar winning films this week - if ever
"coming soon"
"From D.Wong:
We just received information late yesterday that the director will not be able to review the 4K trailer and film until early to mid April. We have had the press release scheduled for weeks now, with the agreement signed and are current on payments. Unfortunately, when we are dealing with director's schedules these types of things can happen. We will be reaching out to the investors as soon as we get any updates. We are being proactive in getting ahead of this."
2 days left for the huge movie releases NTEK investors were promised.
NTEK management now has 250 mil more shares at hand
They upped the A/S by 1/3rd
NTEK looks primed to hit a new 52wk low
This has been a flipper stock for over a year.
The last time NTEK updated Investor Relations
https://www.nanotechent.com/investor.php
Was right around when they gagged the TA. Dec 26, 2014.
Does the company plan to update investor relations now that there was a huge A/S increase?
They've written so many things in those letters that have turned out false or never came to fruition.
It's like the boy who cried wolf too many times, the market isn't buying it.
That has nothing to do with a false and misleading investor relations page.
After a major A/S hike they should update this page, its the honest thing to do. Been 3 months without an update.
They have to sell more shares to pay for contracts.
Straight out of the CEO's mouth.
When will NTEK update investor relations?
https://www.nanotechent.com/investor.php
This page is out of date and misleading knowing there was an A/S raise and 33% more ntek shares
You could hear it in Riordans voice
NTEK shareholders about to get screwed big time.
NTEK will not audit for 2015
They still need a CFO.
Foleys phoney Microsoft word submitted revs will live on.
Ultraflix is an unknown name outside of stock forums.
They are burning through cash and need to raise A/S to keep the doors open.
NTEK investor relations page needs update
https://www.nanotechent.com/investor.php
Still showing 740 mil A/S
False and Misleading