News Focus
News Focus
Followers 611
Posts 36429
Boards Moderated 1
Alias Born 07/20/2009

Re: theiceman13 post# 171208

Monday, 03/17/2014 9:51:54 PM

Monday, March 17, 2014 9:51:54 PM

Post# of 380887
Foxconn holds 40mm NTEK-shares in collateral till such time
as they have built their credit with them. After that period
those shares are scheduled to be retired to treasury.

NanoTech management has been INCREDIBLY RESOURCEFUL,
but part of that we are learning may be attributed to partners
like nVidia who have been EXTREMELY involved, supportive &
engaging with NanoTech.

I suspect that if NTEK should require more capital they'll
work with what they have (their own shares again) in order
to continue economies of scale.

IF NTEK fulfills their obligations with Foxconn & starts
getting steady streams of production which we can now expect
since the OEM business requirements appear to have been met
recently,.... then we'll OBVIOUSLY be in GREAT SHAPE.

Why? Because it means that we've been MAKING MONEY....

LOTS OF IT!!! NTEK IR has already confirmed, via MULTIPLE
SOURCES, that dividends are on schedule...& so too are
buybacks: @ $3mm this year, NanoTech is exuding confidence...

Confidence born of EXECUTION if you ask me. Like the Skymedia
deal: They obviously did a VERY GOOD job of keeping that
quiet. It was happening & accounts for Nuvola product being
both manufactured & shipped but we hadn't been privy to the
details till just the other day!!


I like the policy. Make sure the deal is done, order fulfilled
& then make the announcement!!! I appreciate that as opposed
to making a big penny-stock production over a deal that could
not come to pass.


NTEK

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y