InvestorsHub Logo
Followers 178
Posts 35748
Boards Moderated 19
Alias Born 04/17/2013

Re: muddhole post# 184881

Monday, 04/28/2014 1:41:20 AM

Monday, April 28, 2014 1:41:20 AM

Post# of 380539
The share O/S and free-trading numbers are from the TA (Stalt Inc.). You can reference this post:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=100973913

Go to the BIG Orange Facebook page and in the upper left you'll find people who called the TA on Friday and verified this. One person even got an email from Jeff Foley trying to spin this dilution as "employees exercising options". But options require 12 months to BEGIN vesting and vest over 48 months. So much for Jeff the Iceman's story.

Or you can call or email Stalt.

I'm sorry that the dilution is shocking - but one must face the fact that those are the actual numbers - as crazy as that dilution is for a company that CLAIMS to be profitable based on an insane unaudited Q posted on OTCmarkets.com that claims $4.4 million in "media" revenue (likely from the 250,000,000 NTEK shares issued to Nanotech Media, Inc. - D SHOAF, President, Treasurer, Secretary, and sole Director - with the Nanotech Media shares held by the Foley Family (proof is in the OTCmarkets.com financial disclosure of December 2013). That's the "Media revenue" of $4.1M.

Yet with a claimed $4.4M in revenue, NTEK's Q lists only $53k in cash and only $44k in accounts receivable. RIDICULOUS. Pure fiction from David Foley.

But call or email Stalt and you'll find that the 89,000,000+ new shares added in the last 8 months is FACT. And that is shocking!