NanoTech Entertainment Inc (NTEK)

[jcm55]

NTEK said they were going to have a $10 million fund for acquisition of content in last shareholder letter. When their net profit was less than 1 million, they had to do something to meet that goal. They have to acquire content now in order to compete with the big boys, not whenever they accumulate the cash. At the rate of net profit from quarterly report it would take too much time to accumulate $10 mil and still effectively compete, hence the share increase. GO NTEK