Replies to post #131477 on DD Support Board and Research Team

[Arthur]

Not true, NTEK has $987,940 of "inventory" on its books,

The Company’s inventory is stated at the lower of cost or market using the FIFO costing method. Inventory on hand totaled $987,940 at MARCH 31, 2017 and consisted components and finished goods and equipment available and ready for sale.

The strange thing, is that NTEK seem to have carried this "inventory asset" since 2015, without any change of value.

What kind of "equipment available for sale" can sit in a warehouse unsold for 2+ years and with no depreciation ?
It makes me wonder....

that have been their only asset listed on their financials for years.