Thursday, September 17, 2015 2:29:57 AM
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!!
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM