NanoTech Entertainment Inc (NTEK)

[kbrod1]

Only 450 million?!! Do you guys actually think that's good. This company's stock is diluted out. People talk about some huge jump in share price. Even if everything is true and they sell more units than their wildest dreams this stock could never go up significantly because then it would be worth (on paper) billions which would never happen. I'm sure the family of Foley's have issued themselves significant shares. I've seen this time and time again. There are people who are really good at finding future trends and capitalizing on them with artificial companies. One recent one was BIZM which was advertised in various business magazines as a new way to test blood without sticks. It was hyped up royally. Had scholars and PHD's on board who raved about the device. In reality there was nothing, and the young CEO was actually a fugitive and would be arrested on the spot upon entry into this country. He however issued himself millions of shares and made millions and was (and still) is living the high life on the beach. They even had pictures of him partying with Paris Hilton. The stock is worthless now but was selling for over $4 last year. I wrote on their board warning people and I got slammed as a short. I never purchased any shares nor do I have shares of this stock. That being said I've never shorted ANY stock in my life. I tend to look for investments that will appreciate over time. The best of luck to all of you.