NanoTech Entertainment Inc (NTEK)

[Zorax]

Absolutely. But. People are sweating out the otcm bones, but probably don't know the rel reasons to worry about it.
First, the bones from the OTCM means less than zero, which is why the principal isn't bothering to pay the fees. The otcm isn't an exchange, government body or regulated in any way by government agencies NOR actually reconized and is only an advertising venue for scam stocks for the most part. So the otcm in itself isn't the worry.
Here's the reason for the real worry. Historically, 90+% of the time, a company getting the bones from otcm means there is something legit WRONG with the company and stock and gets real action from the real agencies like the SEC and Finra who sues and suspends stocks. Better than 90% get halted, suspended and sent to the greys. A huge percent goes this way. The longer it stays bones, the better the chance something negative is going to happen.

The Nevada license had to be paid, if only to shut people up, but the OTCM fees can be ignored, at the shareholders peril. The bones are an empty threat from the OTCM, but the warning is real.

If the otcm bothered to do it, nanosux is deficient somewhere and in trouble. CE from otcm means very little, but the warning is real.