Replies to post #231457 on NanoTech Entertainment Inc (NTEK)

[mulaa]

They need to raise the AS soon or have that "buyback" they've been touting.

[AceWills]

Gee Rain...maybe they didn't...

Maybe they issued those shares to Best Buy or Sony.

[Pennylanepam]

Those 4.4 mill came OFF restriction, and the person holding them SOLD THEM THAT DAY.......why would anybody that holds restricted shares and has insider info sell those, IF THIS IS GOING TO $1 in near future? SELLING FOR .064???

[Zorax]

They issued restricted shares which cant be sold. Maybe they issued those shares to Best Buy or Sony.

Not true at all. Restricted shares can be lifted any time with the proper letters written by an attorney, freeing up shares for market. Also, much of these shares can be dealt in private where the transaction aren't publicly available nor have to be public. ntek insiders are very likely doing a lot of these private sales and other deals and ntek being a dark non filer, no one will know until put out publicly when the investigation is open to the public.