NanoTech Entertainment Inc (NTEK)

[2bornot2b]

Yes...I agree!

"With several new product announcements, M&A news, content contracts, and key partnerships on the horizon we are very excited about the future of NanoTech and where the company is moving. I encourage you to continue to communicate with our IR department as we move forward together and share this exciting new and evolving chapter of the company’s history."


I found the following particularly interesting.

"We have had many questions about share reduction and share buybacks. Our business plan calls for the use of a portion of profits to buy back shares and reduce our outstanding shares. We have to balance this use of proceeds with other needs of cash including upcoming mergers and acquisitions, and when it makes sense we intend to reduce our outstanding shares as much as possible."

If it is their intent to reduce the outstanding shares as much as possible...I suppose in theory, that could be a very small number including ZERO which would suggest going private...No?