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Re: None

Monday, 02/10/2014 6:44:02 PM

Monday, February 10, 2014 6:44:02 PM

Post# of 380880

FOR ANYONE struggling with the relevance of the Restricted Legends, etc..


As I have REPEATEDLY STATED:
ALL SHARES issued by NanoTech carry a restrictive legend. NTEK
has never issued a single share that does not carry such restriction.
NanoTech does NOT have the ability to issue shares WITHOUT a
restrictive legend.

Shareholders must meet all of the requirements of Rule 144 to have
a legend removed; & NTEK cannot remove it. They must have, at
minimum, an opinion letter from an SEC attorney that all of the
holding period (& other requirements) have been met by the
shareholder & the company to remove the restriction.

Then the shares are submitted to the Transfer Agent, who reviews
everything & then requires further paperwork to ensure adherence
to the Rules.

Once satisfied that everything under Rule 144 has been met, then &
only then will the Transfer Agent cancel the restricted shares &
issue unrestricted shares: NTEK cannot do this & has NO ability
to instruct the Transfer Agent to do so.

The whole concept of a Transfer Agent is a "checks and balances"
system. The company can’t actually issue any shares, they can
only provide the TA with the documentation & the request to issue
shares. The TA has the sole power to actually issue the certs.


PLAIN & SIMPLE!!!


GET THE FACTS!!! big smile


NTEK


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