NanoTech Entertainment Inc (NTEK)

[KingErik999]

For example...."if I were short NTEK, I'd be thinking how strong the stock is acting, therefore, it would be time to make changes and cover. Also, as I see NTEK's products being used by consumers and the potential for retail distribution about to come to light, I'd have to be considering a "long only" position here. As a short....."I'm terrified" of holding any longer."

A key factor....as a short, "FACT"or.... Potential downside = 100% (we know that isn't happening here) - Potential upside = UNLIMITED!

I'm not sure if all market makers are short or simply do what they have to do and simply "make a market". But they're not dumb, they'll have to cover if they are short and increase their long position in NTEK. Basic logic dictates that we are seeing NTEK hold very strong in the 7's and as we get close to unleashing the Nuvola products & UlfraFlix to retail, we're going to see a new level hold. If we move slowly to $.10 and level off there for a while, we could see a double from there as news is released. I always thought we should see .10 before "BIG news" and looks like we could get exactly that.

With the success of the NP-1 and the potential massive growth of UltraFlix, revenues will flow like Niagara. I think it's time for NTEK to get their focus on Audited Financials. I don't expect AF's to be done right away as I think they've been focusing on everything else. Now, as we see success w/ revenue producing products & services, I think they're going to get back on track and get those AF's done. I wouldn't plan on seeing anything from the auditor till at least the end of the year. I do NOT believe it's necessary to have AF's to see the PPS over a quarter.

Just my take...

GL

Erik