Thursday, November 05, 2015 11:33:10 AM
This was posted by Dan Wong and then deleted, his reply to someone asking about the recent A/s raise. Wong tells people the company is not cash flow positive (not the first time hes said this) when NTEKs own financial statements clearly show that they are cash flow positive.
" There is always a possibility of share increases depending on the business operations at hand. Unless the company comes out and states that they positively will not increase any shares for a given timer period, this is always the case. "
This quote just hurts my brain. So let me get this straight, there is always a possibility of a share increase unless the company positively says there won't be. What about the last 3 times they raised the A/S after saying they wouldn't? I guess it's okay because they didn't "positively" say they wouldn't raise it.
What a joke NTEKs Investor Relations is.
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