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Re: Zorax post# 150143

Sunday, 01/26/2014 11:16:53 PM

Sunday, January 26, 2014 11:16:53 PM

Post# of 380538

SHARE BUYBACKS - IMPORTANT NUMBERS FOR REVIEW!!   
 
NOTE: July entry: "Stock Reduction"


NTEK allots $3mm for buybacks in 2014. If we average their buys, 
from $0.01 to $0.20, how many shares would NTEK have acquired? 


Average share price : Price/mm = What $3mm buys? 
1) $0.01 : $10,000/mm = 300mm shares 
2) $0.05 : $50,000/mm = 60mm shares 
3) $0.10 : $100,000/mm = 30mm shares 
4) $0.15 : $150,000/mm = 20mm shares 
5) $0.20 : $200,000/mm = 15mm shares 

NOTE: The 2014 O/S is expected to be 488mm in 2014


Let's deduct the buybacks...

2014 max O/S - Buybacks = NEW O/S 
1) 488mm - 300mm = 188mm O/S 
2) 488mm - 60mm = 428mm O/S 
3) 488mm - 30mm = 458mm O/S 
4) 488mm - 20mm = 468mm O/S 
5) 488mm - 15mm = 453mm O/S 


NOTE: The restricteds are currently at 76mm.


They represent the only shares NOT in the float & carry a
1yr restriction from the date of issuance. Most are held
by the CEO (Clear Memories acq), BOD-members, management
(~10mm to former Roku exec, Aaron Taylor for example) &
staff.


Thus, NanoTech could buy the remaining 76mm Restricted 
Shares through 2014 at a price point just under $0.04 


It appears as though NanoTech just put a VERY CLEAR
floor under this stock in support of the company &
shareholder interests.




2014 Multi AWARD-WINNING 4K Streaming Media Player!!! big smile






NTEK