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Hi GM, Annual statements are typically audited.
If you call the IR, he will say "Wong here"!
His name is Daniel Wong in case you did not know! LOL
Restricted shares issued to employees and officers, not dumped on the open market like your normal pinky scam.
NTEK is no pinky scam.
The past four quarters have shown net gains and increased assets continuing to show the Company’s ability to continue as a going concern. The Company's ability to meet its ongoing financial requirements is not dependent on management being able to
obtain additional equity and/or debt financing.
Call the IR and ask. You will be surprised with the answer!
GO NTEK!!!
BLAHAHAHAHAHA!!! Profitable company's like NTEK don't need massive dilution!
Wrong Again PLP... FACT - 3 of 6 Divisions Audited Already! Others will be done in the coming weeks. 2014 Annual Financials will be audited! Uplisting planned for 2015!
From NTEK Letter to Shareholders 2/18/14:
Last year we announced our intentions to move back to a fully reporting status. We have been putting the systems in place to achieve those goals in 2014. We have setup a new accounting
system. We have been creating ISO9000 procedures and documentation to our operations and methodologies and have brought in new accounting personnel and hired CPA’s and Auditors to achieve this goal. We are working with these teams to create a full set of audited financials for 2014 and once released, will start the process of moving up to bigger and better exchanges.
Saddler & Gibb Auditing Nanotech for Uplisting!
Last year we announced our intentions to move back to a fully reporting status. We have been putting the systems in place to achieve those goals in 2014. We have setup a new accounting
system. We have been creating ISO9000 procedures and documentation to our operations and methodologies and have brought in new accounting personnel and hired CPA’s and Auditors to achieve this goal. We are working with these teams to create a full set of audited financials for 2014 and once released, will start the process of moving up to bigger and better exchanges.
ULTRAFLIX is going to grow exponentially overnight!
NTEK Total Assets = $ 3,885,240 HUGE
Huge increase in Inventory which will be followed with huge increase in Sales!
MERGER NEWS COMING!!!
On September 30, 2014 NanoTech created a subsidiary, Ultra Media Group, in anticipation of an upcoming acquisition agreement in the content space.
INVENTORY was high at the start of this quarter. October and November sales for NP-1's will be off the charts. I can see why F-15 predicts a pps of .20-.25 range by Christmas!
The Company’s inventory is stated at the lower of cost or market using the FIFO costing method. Inventory on hand totaled $2,182,000 at SEPTEMBER 30, 2014 and consisted components and finished goods and equipment available and ready for sale.[/i]
Key growth in Media and Studio sales this quarter.
Sales Gaming $ 32,520
Sales Comms $ 22,457
Sales Media $ 1,953,253
Sales Events $ 68,973
Sales 3D $ -
Sales Studio $ 419,250
Other Income $ 60,750
Cost of Sales $ (494,115)
Depreciation Expense $ (296,321)
General and Administration Expense $ (298,553)
Payroll Expense $ (740,322)
Professional & Legal Fees $ (216,545)
Sales & Marketing $ (66,765)
Building & Equipment $ (81,825)
Loss on Settlement of Debt $ -
Loss on Discontinued Operations $ -
Loss on Extinguishment of Accrued Salaries $ -
Rent Expense $ (56,060)
Interest Expense $ -
Net Gain $ 306,696
Number Shares 625,710,830
Net Gain per Share $ 0.000
Gross Sales $ 2,557,203
Gross Profit $ 2,063,088
Expenses $ (1,756,392)
I like the way you think F-15!
NTEK is the goose that laid several golden eggs!
Probably only looking at OS creeping up to 550m - 600m by the end of the year. I don't see a R/S on the horizon.
Annual Statements are audited, not quarterly. See from 10K below.
Audit-Related Fees
The aggregate fees billed by our principal accountant for assurance and advisory services that were related to the performance of the audit or review of our financial statements for the fiscal years ended December 31, 2013 and 2012 were $0 and $0, respectively.[/I]
3DIcon does not have revenue streams to do any buybacks. That would need to come later when they would be in a position to fund a buyback program to reduce it's inflated share structure. I don't think we need to worry or talk about share buybacks here for some time.
Yes, 100%. I voted for the last one!
yeah, yeah... Reverse Splits are common with most pinks and 3DIcon is no exception. Everyone should know that R/S are a risk for legitimate R&D stage companies like 3DIcon as well other scam pinks, unlike 3DIcon. This would have to come under a shareholder vote again and that would take a few months to process.
Fact Check...
Are the management group and/or board members selling shares in the market?
No officers of the company or board members have sold any shares of the company’s stock in 2014.
They will be going out of the R&D business in a couple years! We will bank on it!
You said history would prove you right. I just asked what is that history will prove right?
They are on their 3rd Prototype and only need some additional funding to obtain the advanced display material to complete it. What is your next prediction besides reverse splits and funding not for 11.5 months.
Prove what? That they did get funding in the next 12 months or not get funding next 12 months? What is your prediction that history will prove right?
LOL You must have been in my brain!
They have so much going on right now it is crazy! I can see the various organizations fighting over who gives them money.
I also have a theory about the big buying that was taking place. May just be a coincidence, but it happened right around and after the recent meeting in Tulsa. ; )
Not True. Here are the facts.
We recently reported on a very successful meeting with the Air Force Research Lab and will be submitting a concept paper to them by December for consideration.
Based on feedback from the CIA and AFRL, we are now in a better position to speak with the Intelligence Advanced Research Projects Activity and will be attending their Industry Day later this month.
He said they were very confident that they would reach their funding goals over the next 12 months, not in 12 months!
We previously projected that the company would secure funding before the end of the government fiscal year of September 30, 2014. This forecast was based on the perceived need by the Federal Government for advances in data visualization. While we have confirmed this need clearly exists and continues to grow, it has taken longer than anticipated to identify sponsors willing to invest in a multi-year project to develop a display that will meet their specifications. However, Management strongly believes we are making progress and will be successful in meeting our funding goals over the next 12 months.
High Five and Fist Bump Pegs, Clean and Boomer!
I respect that, don't understand it, but what the heck!
They own the marketing rights to CSpace and those rights have value, and may have even more value in future. EOM
It typically means the stock is over sold and is reversing its pattern. It suggests that technical traders should buy. It does not mean that traders should email the CEO. ; )
Great Post! It won't be lost in the minds of shareholders. They found a niche in the 4k revolution and they will prosper! We will prosper!
The train is getting ready to leave the station. Folks better buy their tickets before the special promotional discount expires!
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I like it Clean! Time for another bounce.
Not likely... NTEK moved well beyond the trips in 2013 and is not looking back.
Which is it? Sideways or down? Looks sideways, reinforcing the bottom to me. Nowhere to go but higher!
Looking good today!!! Almost to my next buy range.
Probably a large buy order that finally got filled towards the end of the day and the MM posted before the close.
More buyers coming in the .002's.
What She said... Rome was not built in a day. I have been there, I know.
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