InvestorsHub Logo
Followers 14
Posts 1328
Boards Moderated 0
Alias Born 06/16/2014

Re: None

Thursday, 05/05/2016 3:09:49 PM

Thursday, May 05, 2016 3:09:49 PM

Post# of 380547
NTEK wants to R/S after they dilute another 200 million shares from the latest A/S raise. Then they will dilute post R/S, to settle up Dave Foley's convertible debt where he used his home to secure the loan he gave to NTEK (according to Dan Wong IR).

NTEK seems to be bleeding cash non stop with the rate of dilution over the past 2 years.