NanoTech Entertainment Inc (NTEK)

[magicdaddy]

I don't know why the TA is still reporting 990, Jeff Foley says

Quote from Jeff Foley regarding authorized reduction:


Foley closed by noting "We have also reduced our authorized shares from 990 million to 740 million. We have done this as a further indicator to the investment community of the direction that the company is heading. We no longer need to issue large blocks of shares to fund the company and instead only need the ability to cover ongoing employee commitments and leave room for possible further growth through mergers and acquisitions."