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Re: Zorax post# 368996

Sunday, 01/21/2018 3:49:24 PM

Sunday, January 21, 2018 3:49:24 PM

Post# of 380509
It appears NTEK booked the revenue of a loan that was not yet finalized.
That's a huge no-no.

NTEK has not disclosed the entire conditions of the (imaginary) loan.
What's the interest rate, and is it convertible into shares ?

With a high enough interest rate, all of NTEK net profits, if any, could be syphoned off servicing the loan.