NanoTech Gaming Inc (NTGL)

[skitahoe]

Thanks Orangeman,

That being the case, I find it hard to believe that CTKH isn't reporting, but with the exception of cash on hand, Fayiz may be able to put the value on his assets.

I don't know how you properly value the new ovens he's built, or the existing ones, or other equipment he's acquired. While I'm sure these assets are properly depreciated, they may be worth far more then the price they carry on the books.

As I understand it they build their own ovens, and how they build them may have a lot to do with why they can get the quality that they do out of their ovens. I believe their competitors would gladly pay substantially more than the value their ovens carry on the books for one or more of them.

I really don't know if ovens of this sort should be valued at a million a piece, or a hundred thousand, probably somewhere in between. I understand that Fayiz owns the property, but not in the company's name, so it isn't an asset of the company, they apparently rent it from him. I still suspect that if everything's properly accounted for we should exceed the $10 million in assets at any time.

Gary