NanoTech Gaming Inc (NTGL)

[IL Padrino]

No sir,
But according to the way I perceive it, it could be by the 2nd quarter. He did say it would be after Christmas, so I'll give him 2 quarters for that.
In all actuality, I had my hopes up for a huge jump in one day, but I'm back down to reality. I don't see it happening. The only way that could happen is if the company decided to buy back over 3B shares and cancel them. That's possible, but not likely unless they have $6M they want to use to do that. If Fayiz uses the company's funds to do that while still owning shares personally, that could benefit him greatly. So it is a likely scenario, but that depends on how much Cetek has to throw away.
Another possible scenario is that they have been buying back those shares all this time and are waiting until they acquire their goal before they get cancelled. Now that would be genius.
What their goal # of shares is, is the question...
But even if they reduce the # of shares by 75%, unless there is a huge interest in the stock, the share price will only triple. Big deal when the stock is at .002. Unless we go over a dime, I won't be content with this stock.
I have no idea why this guy is so hopeful about the company and what he knows, but he is super optimistic about it and his son does work for the company.
All we can do is wait and see. I wish I could talk to this guy myself, but that won't happen for another year at least.
Sorry I don't have any more for you guys. Anything I hear I will let you guys know. But I have a feeling that the info I get will always be as vague as yesterday's info.