DENISE RESPONSE:
>>How was NTEK able to buy back 25% of the companies shares considering in the not so far past they were having to dilute heavily to raise funds. For >>instance
The company used a combination of contracts and cash.
>>These two guys dont work for NTEK but own the majority which is a little nerve wrecking to me.
(I was referring to the two that each got 250,000,000 shares in exchange for funds)
No one holds a majority stake in NTEK. Both of these shareholders were drastically reduced in the share buyback, and 190M of the shares issued were returned to treasury, with the balance redistributed to a variety of companies and shareholders during expansion of the operations and reduction of debt.
>>My question is where NTEK came up with the funds?
Operations
>>Did NTEK get some of these shares back from these individuals stated?
Yes, 190M were returned to treasury.
>>My next question is if FS Global Corporation and Nanotech Media Corporation were indeed revoked in Jan of 12'? since this is where the 500,000,000 shares >>were given for $500,000 and if true seems very odd and shady.
That is false information.
>>The patent situation has been raised many times.
What patent situation?
>>What is the holdup on the patents and are other companies trying to patent the same technology?
What are you referring to?
>>My last question and I appreciate you taking the time to read my email is... Who has been promoting once again this stock through emails?
We have no information about stock promotions and do not employ or participate in such promotions.
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