NanoTech Entertainment Inc (NTEK)

[shajandr]

NTEK doesn't own ANY shares in NTEK. Technically, it can't - any shares it would acquire are retired or retained as non-voting, non-dividend eligible ghost shares - "treasury shares" are the same non-shares as unissued shares - simply the difference between the OS and the AS, except treasury shares were issued butt are not outstanding (nott OS).

Butt even that distinction is irrelevant, as NTEK is BROKE and has done no share buyback (it can't - it's insolvent and BROKE - even had to get insiders to surrender their shares - allegedly, according to Lyin' Al Stone(d), FOR NOTHING IN RETURN!!! - LOL!!! - so that NTEK could postpone the THIRD AS raise that's coming quickly and use those surrendered shares to issue to pay 12 month old DEBTS and toxic floorless noteholders who are CONverting weekly).

So based on that, your assertion that BIG Bennie Blankenship "the corrupt stock promoter" (of FNRG infamy as mentioned in the FBI affidavit) owns more shares than NTEK has left in "treasury shares" might be correct.

And if nott now, it surely will be in a week or two as the headspace between the AS and the OS shrinks to nothing, forcing the AS to be raised for the THIRD time in 9 months!

And/or a reverse split.

BIG dilution going on ... and on and on and on. A pipeline of 12 months of aging debt yett to be issued the shares they require.

A Death Spiral from floorless convertible debt already baked into the pipeline is unstoppable!!