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Re: squeak1 post# 344880

Monday, 03/14/2016 7:21:48 AM

Monday, March 14, 2016 7:21:48 AM

Post# of 380584
I appreciate your enthusiasm and truly hope NTEK does right by you. But so far management have failed miserably to provide any value for retail investors.

Following a long record of massive stock dilution (yeah, I've heard management's justification for it; it still shafts investors), they now plan to do a reverse split, and in pennyland, that almost always spells doom for any retail investor who holds through and beyond the split.

It's just simple math. A stock that declines

Just take AMBs as one of many examples I've seen. Another stock-to-run-the-company dilution machine. Then a 1 for 100 post reverse split price of about $8. Today it sits at .112 cents a share. Even a long, long time advocate finally sold out and admitted he lost some $200k dollars. And in pennyland, not a single law (I'm aware of) was broken.

So my question is: when will NTEK do its reverse split and what is the ratio of the split?

Truth is the only persons NTEK has been good to are shorts and management whose salary and benefits are subsidized by retail investors.

“Mankind was my business. The common welfare was my business; charity, mercy, forbearance, benevolence, were all my business. The dealings of my trade were but a drop of water in the comprehensive ocean of my business!"
- Marley's Ghost
Charles Dickens