InvestorsHub Logo
Followers 642
Posts 38176
Boards Moderated 1
Alias Born 03/29/2003

Re: None

Saturday, 02/13/2016 12:17:28 AM

Saturday, February 13, 2016 12:17:28 AM

Post# of 245580
Reverse Split coming for NTEK Entertainment.

http://www.otcmarkets.com/financialReportViewer?symbol=NTEK&id=150501

"In order to achieve our goals, we will be recapitalizing the company. In this process, we have agreements in place
which will eliminate approximately 80% of our current convertible debt allowing us to limit future share growth to those
strategically valuable uses such as key employee acquisition and retention. We will accomplish this with several
funding agreements, a reverse split and an overall reduction in our authorized share structure. Finally, we will be
offering another round of private placement funding to increase our cash reserves, and closing multiple new major
studio content deals that we have negotiated and are ready to pull the trigger on signing."
__________________________________________
My personal Comment:
If You decide to buy some NTEK , I believe You should wait until after the R/S to decide the entry date.

JMHO
__________________________________________

Don't miss out on the Valentines Day 4K movie Special's from NTEK:

https://www.ultraflix.com/

U*L*T*R*A*F*L*I*X is the KING OF 4K MOVIE CONTENT

Subscription Sign up for an account is Free!

They have more 4K Content that any other Pay for View Providers!

Everything is 4K there!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.