NanoTech Gaming Inc (NTGL)

[leotxtx]

penny: the little i've read in the sec regs seems to indicate lots of loop holes re the requirements for forcing reporting

i'm not an attorney, but it seems there's all kinds of clauses saying the sec has the final word re "shareholders" value, etc

i can tell you though if there's a loophole where, regardless of the # of shareholders, if there's some clause saying if there's not x amt of profit, or revenue, it wouldn't be hard to keep buying things, paying out $ to preferred shareholders, etc to accomplish that

and a reverse split could be done anytime, forcing a huge sell off ('cause of huge loss in share value) dropping the shareholders back below 300 (if that was the only criteria, which i don't think it is, but again, i am not an attorney)

my best benefit of the doubt guess re fayiz is he's struggling to survive not only now, but in what looks to be a big storm slow down in the market and world economy (even if only short timed and temporary, ie, a few quarters or so)

is this regard, he's gotta do what we dotta do individually, survive financially the best we can

good luck penny, keep putting out your thoughts, they carry a lot of weight