Replies to post #349565 on NanoTech Entertainment Inc (NTEK)

[Sleepy2016]

It's just an app. There has been no expansion other than getting the app to work on different platforms - the same thing hobbyists are able to do in their spare time pretty easily for free.

[BeverlyH]

What "expansion" exactly?

They lost their CEO, a board membe, their tubby COO and their EVP of Marketing. They never even searched for a CFO and it doesn't appear as though they have any intention of filing the other vacant positions.

They shut down their NTGL offices, the staff left and they let the ticker go into default.

They haven't signed a new content deal for a year (since Paramount).

They spent a whopping 10K on marketing all of last quarter.

They have no auditor and no intention of hiring one.

Getting the basic app on platforms doesn't cost a nickel outside of some d-level coding to make it compatible.

So curious what cost-intensive "expansion" EXACTLY people are referring to?

[BONESPUR]

So the explanations given by the company that it was "compensation" for foley using his house as collateral and back pay is a lie?
Figures