NanoTech Gaming Inc (NTGL)

[WhatsCookin]

Orangeman, I think you know me well enuf that I'm not just making things up. Why don't we start with SEEK? How about PVEC, which made an enormous run into the pennies but is now back down to near zero. PRPM announced a share reduction a couple years back and had a good run. Look at the huge run in HVYW last year when they reduced shares...from trip zeros to the .004s in a couple days. I could give you fifty examples if I wanted to do a little research.

I'm sure when you think further about this that you will laugh at your question. A share reduction is the opposite of share dilution. What happens when a company floods new shares into the market? The share price tanks...Right? Doesn't it make sense when they retire shares from the market that the stock price rises? That means you suddenly own a larger share of the company. And incidentally, that is a concept which the larger shareholders here may want to keep in mind should we remain dissatisfied with the progress on share price appreciation. In the case of Cetek, if Hilal paid off the convertible debentures instead of issuing shares, then he could announce at any time that he has retired about a billion shares. Read DrLarzo's and Ramspaces's DD.

I suggest that you contact Hilal and ask him if he did purchase approximately 90 million shares in 2005 at approximately .0012. He announced that development at the last shareholder meeting in 2005, and you should go back to the IHUB posts in 2005, because I believe someone who attended put it in their summary of the meeting. Since you seem to have some kind of at least cordial relationship, Hilal might actually answer that question since he made it public previously. Beyond that, you're just going to have to accept that I know this to be a fact. I'm not claiming he retired 500 million shares as he PRed he planned to do years ago..that I definitely do not know. But none of us can say whether he retired a lot more shares than that either. That is part of what remains behind the curtain.