NanoTech Gaming Inc (NTGL)

[skitahoe]

Orangeman, I don't know that's not true, though I doubt it to. What I do know is that the company has been able to spend enough money to purchase Hybrid and roughly double its capacity each of the last few years. Granted, they did issue some new shares, but it appears that much of the money they used for this expansion came out of earnings.

The problem is, in that they don't report, it's impossible to tell what they're earning. Remember at current prices selling a billion shares nets them just over a million. I don't know if it's true, but someone indicated that one of the newer ovens would cost over a million. If the ovens are that expensive, they clearly earned at least 3 million in the last year to cover the new ovens even with stock sales.

I don't know that CTKH will stop expanding and post earnings, I doubt it, but if they can continue to fund expansion from earning, we may all be surprised just how great the earnings are when they finally report.

Gary