NanoTech Entertainment Inc (NTEK)

[2bornot2b]

If the year end for NTEK is June 30, 2014...I suppose the mention in the shareholder letter of "for" 2014 versus in 2014 could mean the completed audits might not show up until next year?

My guess is that he doesn't want to use "in" because the audit is out of the company's hands and he doesn't want to make the promise they will come out this year.

Also wondering about the part where he states "We have recently added internal staff who have begun the work needed for the preparation of "audited financials moving forward" and whether that is intended to suggest the company doesn't expect to have audited financials for past years and are instead focused on only 2014 and forward or if it suggests only that they expect to have the internal staff making sure everything going forward is audit worthy?


"With the upcoming release on major 4K Ultra HD platforms and Televisions, UltraFlix is poised to be the biggest 4K Ultra HD network available in the world, with millions of subscribers accessing our ever growing library. We have been asked when our next filings are due, and that is September 30. We have recently added internal staff who have begun the work needed for the preparation of audited financials moving forward. We have retained a local CPA firm to help us integrate our new accounting system, as well as organize our records to streamline the audit process. Our goal remains, as previously discussed, to have audits completed for 2014."

http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=10956