NanoTech Entertainment Inc (NTEK)

[Nikodemos]

SOME READING ON THE MATTER TO BONE UP ON THE FACTS.

NTEK has just emerged from R&D & beat their OWN PRE-FILED
REVENUE TARGETS off of THEIR OWN BUDGET put forth in advance
of this Calandar YEAR:

2013 Cash Flow OVERVIEW

GET THE FACTS!!!!

An accumulated deficit is a term used to describe the amount of net loss that is incurred in a given year when a business shows a negative balance in its retained earnings. This type of deficit is realized when the company fails to make a profit for that particular year. While methods of accounting for an accumulated deficit vary somewhat, it is common for businesses to note the amount of the net loss under the stockholder equity carried by the firm. This makes it possible to document the loss in the company’s accounting records as well as identify the amount for purposes of claiming any applicable tax breaks for the period in which the loss occurred.

Identifying the accumulated deficit for a given period is important, since that amount impacts the amount of dividends paid out to investors. ...

http://www.wisegeek.com/what-is-an-accumulated-deficit.htm



Geez!!!


NTEK