Monday, September 29, 2014 6:33:55 PM
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NTEK has a serious reporting disclosure problem:
Quote:
On April 10, 2014 the Company issued 13,580,000 shares of restricted common stock containing the restrictive legend to
meet a variety of contractual obligations, which were distributed as follows:
Issued Bennie Blankenship, unrelated and non-affiliated investor, 7,580,000 shares of restricted common stock
containing the restrictive legend, at $0.033 per share, as part of obligations under a previously entered into
contract as well as increasing the company’s cash by $250,000.
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