Replies to post #308604 on NanoTech Entertainment Inc (NTEK)

[Sleepy2016]

They lose money on every stream otherwise they wouldn't have just diluted current shareholders by 34%.

[ChitownMike]

Ummmmm "Audit will NOT attract new customers or increase cash flow." Those are the reasons why you'd want to have a audited ticker. Smart money doesn't invest in dark filing, unaudited stinky pinkies. And lenders will most certainly not lend cash to a unaudited stinky pinky.

[2015invest]

Why dilute just to pay for expensive audit fees? 4k providers need content to get profitable not audit. Lolzzzz how many otc companies out their touting audited Financials and still remains a penny? Lolzzzz. It's the right model and growth that dictates. Independent news channel are recognizing ultraflix. Those that matter now. When those foundation are set and there are already content attracting millions then cash flow comes THEN that's the time to audit to show off the BIG numbers.

[integral]

Nobody is spending millions of dollars to conduct an audit. I just posted what they paid for their last audit. $41,700 is far from millions of dollars.