Replies to post #368996 on NanoTech Entertainment Inc (NTEK)

[Arthur]

It appears NTEK booked the revenue of a loan that was not yet finalized.
That's a huge no-no.

NTEK has not disclosed the entire conditions of the (imaginary) loan.
What's the interest rate, and is it convertible into shares ?

With a high enough interest rate, all of NTEK net profits, if any, could be syphoned off servicing the loan.

[todd72113]

I’d concur with you wholly

[Yolo11]

Bridgeport/smaran? Didn't sleepy look into it? Or am imagining this

[Yolo11]

https://www.scribd.com/mobile/document/356545960/Bridgeport-Smaran-Subpoena