NanoTech Entertainment Inc (NTEK)

[kbrod1]

It has been fascinating watching this scam unfold over the years. It certainly demonstrates the human frailties of denial and poor judgement. We have a company that has on record repeatedly lied to shareholders with empty promises time and time again then promised that things would be different and they would be transparent with monthly updates then immediately go silent for months on end. Meanwhile the founder is sent to prison for fraud but creates a shell company just before doing so and while in prison issues himself close to a billion shares then has the audacity to give his wife 30 million shares on top of that and she doesn't even work. Meanwhile shareholders (bag-holders) are down 90-98% on their investment while the founder has a multimillion dollar home and six figure car off of this scam. I remember how longs were saying they would revolt if there was a R/S. Then 25:1 R/S occurred as well as a simultaneous increase in the A/S and they just sat there like sheep and talked themselves into believing that that was a good thing. UF has virtually nothing now but the bag-holders are believing the next lie that all of the sudden there is going to be A-list HDR content from multiple studios when in fact they never really had true 4K to begin with just up-converted 2K files. You can't make this stuff up. PT Barnum was certainly correct.