NanoTech Gaming Inc (NTGL)

[skitahoe]

Hi Voyeur,

Sorry I didn't respond earlier. Fayiz should he set a price for a buyout will essentially be establishing the market price at that time. He can do it, but it will be more expensive than buying on the open market very probably.

I gathered when billions of shares of stocks came into the market they did so with private placement. I don't know if Fayiz can legally go back to those people with an offer to buy the shares back at a price that's slightly above the market, but if it's legal, it's another course of action he might pursue.

I really have no idea how many new shareholders we have from the roughly 4 billion share dilution he did, but if major blocks still exist, they are probably the best target of a buyback.

Gary