NanoTech Gaming Inc (NTGL)

[WhatsCookin]

Cetek Cetek Cetek....Great posts DannyD and I agree that Hilal has likely reached the $10 million mark in assets probably a couple years ago. He is undoubtedly hanging his hat on not having 500 investors, but that problem can be easily corrected.

What is really starting to impress me is to see the growing number of shareholders who have over 100 million shares, and now I see you and Chinaworx have crossed the 300 million threshold, and another one has over 214 million shares. We now know of 5 people who own about 1.4 billion shares.

And then there are another seven or eight people who own over 100 million shares. We could easily have half the float (assuming 4.6 billion for now) tied up in the hands of 12-15 investors here. And I'm sure that many have not posted their full holdings. That is astonishing. For the life of me, I cannot understand why Hilal would allow this concentration of shares at what is probably a 95% undervaluation of his company. While it has been painful for many years to not know whether our investment was worthless or not, it does appear that the wait is going to be more than worth it, for those who took advantage of the research, ignored the bashers, and loaded the shares down here.

I also assume that there are plenty of other people who own Cetek who probably don't post on IHUB. There might be some other Cetek stock whales out there too, particularly in the town of Poughkeepsie.

You start adding up what we know about the share ownership, and the research done by DrLarzo on the possible sharply reduced share structure, and it sure looks like the float has to be close to lockdown. It also looks good that we have a limited number of shareholders who own 50% plus of the company, which will bode well if the shareholders need to eventually prod Hilal along for information in this era of shareholder activism.

The nice part of the Cetek story is that despite the seven years of silence thru publically available information in government statistics, NY and NJ job banks, (two $150k managers hired last year), RegD filings on the share structure, Chinese internet sites, onsite visits by DannyD, and scientific journals, and last but not least the Cetek website, we already know most of what the unveiling of the curtain will bring. Seven years of growth and prosperity that you can still buy at pre-growth prices. And you know what? I'm fairly confident there will be more good news that our sleuths haven't yet uncovered.