NanoTech Entertainment Inc (NTEK)

[shajandr]

There are no "earnings". Unless one counts buying a lease for $700,000 for Interstellar and generating a TOTAL of $1,648.35 on a TOTAL of 165 rentals (25 from the same IP address) to be "earning" a LOSS of $696, 351.65 to constitute "earnings".

All NTEK posts and has ever posted (as they are not SEC reporting) are "10-K-like" and "10-Q-like" paid advertisements that they PAY OTCMarkets.com to post on their paid website.

NTEK has always been, and continues to be, a deeply, deeply cash flow NEGATIVE company that survives with toxic floorless convertible debt financing and paying obligations 12 months or more in arrears so they can pay in unrestricted newly issued stock that the creditor can dump into the market immediately and nott bear any market risk.

Those are FACTS. Every single one of them is a FACT.

That is why they have no CFO. Fact.

NTEK's "financials" have always been made up nonsense by a multiple convicted felon who went to Federal prison for multiple fraud convictions in June. Fact. Which is why NTEK will never be audited - FACT. And likely why the annual lie report is LATE on the ad site OTCMarkets.com - because the Felon who does the fake accounting is now in prison and it's hard to communicate about business - FACT.

That is why NTEK is in and will remain in a Death Spiral.