NanoTech Entertainment Inc (NTEK)

[Old Tymer]

tonto4, that was a spectacular post!...

You brought up points I never even considered. I can pretty much answer your question about uplisting to a higher exchange anytime soon.

Here is a link to the requirements to uplist to NASDAQ:

http://www.redchip.com/blog/index.php/uncategorized/sec-approves-alternative-nasdaq-listing-requirements/#.UokJ0l_TnAU

Even with the easing of the approval process last year, I don't see NTEK making it onto NASDAQ anytime soon. It would take them years. I suggest everyone read this, and also consider this part:

"In addition, companies must demonstrate that they have more than $2 million in net tangible assets if they have been in continuous operation for at least three years, or more than $5 million if they’ve been in continuous operation for less than three years. A company must also have average revenue of at least $6 million for the past three years. All other requirements for listing on the Capital Market are the same or higher than those of the NYSE Amex. A copy of the NASDAQ Stock Market’s original proposal is available on the SEC website."

"A company must also have average revenue of at least $6 million for the past three years." <---- you have at least 4 years to wait, most likely more, if ever. The $2 to $3 requirement isn't all that is needed.

And Campbell and Foley are boldly stating they will uplist to a higher exchange after they become a fully reporting company? Sounds to me like so much hot, hyped air, to keep the shareholders hopeful. Gee, we haven't seen that before over the past 20 years. Same routine, over and over.

Oh, I only have one post a day, so I understand the part about having a 'free' account. Don't want to rock the boat.