Replies to post #372578 on NanoTech Entertainment Inc (NTEK)

[todd72113]

Great time to average. I’m waiting on a wire transfer into my trading account

[DrContango]

NTEK is at a toilet paper cost. But at least with real toilet paper, one would have a use for it.

Doc

[shajandr]

"NTEK is at a toilet paper cost."

Nay. Neigh. At six-tenths of a penny per share for NTEK, a single roll of a decent brand toilet paper costs more if you buy a premium 'ultra soft/pillowy' brand as a single roll (nott in a multi-pack).

A single roll of ultra-soft premium TP has around 220 sheets per roll, and costs around $1.89 when sold as single rolls.

That's $1.89/220 = $0.0086 per sheet.

A share of NTEK (when it last traded - which wasn't today) went for $0.0066.

A single sheet of a decent toilet paper costs about 30 percent MORE than a share of worthless NTEK stock.

And those sheets were not REVERSE SPLIT 1 for 25.1 as NTEK shares were!

So you would need 33 shares of pre-split NTEK to get ONE sheet of toilet paper.

If you bought those 33 shares of pre-split NTEK at the high of 0.1782, you would have paid $5.88 for ONE SHEET of toilet paper today.

Or put another way, you'd have paid $1293.60 for ONE ROLL (220 sheets/roll of ultra-soft premium) of toilet paper.

And man the arse wood be hurting!