Sunday, June 05, 2016 7:47:40 PM
What you can certainly prove is that NTEK has increased the A/S count three times in the past 1.5 years.
From the investor relations page which is pathetically out of date now. https://ntek.com/investor.php
Share Structure
Market Value $30,299,734 a/o Dec 26, 2014
Shares Outstanding 724,874,022 a/o Dec 26, 2014
Free Trading Shares 652,918,523 a/o Dec 26, 2014
Restricted Shares 71,955,499 a/o Dec 26, 2014
Authorized Shares 740,000,000 a/o Dec 26, 2014
Shareholders of Record 107 a/o Dec 26, 2014
740 million authorized shares at the end of 2014, here we are mid 2016 with 2 + billion shares authorized. Shorts do that? Insider dilution/enrichment looks like the more likely scenario. There's been an avalanche of new ntek shares flooding the market over the past year and a half.
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