NanoTech Gaming Inc (NTGL)

[skitahoe]

The problem with pink companies is the lack of accountability, but the hope of all who invest seriously in a pink is that it become accountable and move up to a major exchange. Clearly the first move would be to the OTC, and that's what Fayiz said he intended to do a year or so ago, but he's backed down as to when.

The potential of pinks is why I think all of us are interested in them. Blue chip stocks rarely go up thousands of percent, pink and penny OTC's frequently do, though many also go belly up.

I believe that if CTKH announce earnings and its true rate of growth it could trade at a P/E of somewhere between 30 and 70. If it were trading at a P/E of 50 and earnings were $10 million, that would yield a market cap of $500 million equaling a share price of a dime. I don't know if we've earned ten million, one million, which should be worth a penny. Right now our price is more in line with earning just over $100K.

Of course a P/E of 50 might be high, but for a company growing as fast as CTKH I think it's reasonable. If it were only half that I still believe if and when data is finally presented the stock will move up substantially.

What excites me is the industry CTKH is in is a multi billion dollar industry that's growing daily. All CTKH needs is a small piece of that pie and it could be earning hundreds of millions, then you'd see stock prices in the dollar range.

Gary