Replies to post #352732 on NanoTech Entertainment Inc (NTEK)

[Crazy Money]

LOL! - math experts, explain that to people... it is not good ;-)

[todd72113]

They r/s'd it and the raised the A/S ? That didn't take long. This post should be stickied to compare withthe dilution that's coming.

[shajandr]

That equates to the same as if there was no RS and NTEK simply raised the AS to 12,524,900,000 or basically thirteen BILLION shares.

The practical effect is exactly the same as if NTEK simply raised the AS to 13 BILLION.

That tells you how much DILUTION NTEK plans to have in the NEAR future!!!

LOL!!! Math is hard for AARPers.

Toxic floorless and 0.0001 CONvertible DEATH SPIRALS are FUN!!! - to watch from afar


NTEK bagholders woke up this morning and Czeched their penny brokerage accounts - just wait, it only getts MUCH worse from here

[Ranchersw]

MASSIVE NTEK DILUTION COMING!!!!! WOW!!!


kbrod1 Wednesday, 07/13/16 10:36:16 PM
Re: None
Post # of 352741
Reading on the outerweb it shows that the new A/S is 499,000,000. They're spinning it as if it was reduced to this but with a 25.1:1 R/S shouldn't it be roughly 84,000,000? So if this is true the A/S was markedly increased and now massive dilution will return.

[Zorax]

If my math is correct to get the 499,000,000 figure the split ratio would have to have been 3.95 roughly. That's if you try to reverse engineer the ratio using the 500 million number. Math is not my forte, and maybe not anyones at nanosux either.

I don't how they come up with the 500 million suddenly.