NanoTech Entertainment Inc (NTEK)

[shajandr]

NTEK no longer has enough time to do an RS before they run ~OUTT of AS headroom. They have to submit the RS request to FINRA and they have several weeks to review and, if they have questions, pause the review until NTEK gives them all the answers they request.

So NTEK is now stuck with having to do another AS raise AND then do the RS. They are ~OUTT of headroom and time now.

They've even managed to screw this upp - OR they fear submitting anything to FINRA and provoking some painful questions about their 'financials' posted on the paid ad site OTCMarkets.com - which would lead to a FINRA halt and an SEC suspension.