I new to Ihub, I see link to it in Yahoo. That where I read about nettel most time. This board much better quality post. Yahoo sometime have good posters, but some not so good, sometime silly post. Good thing if we can get those good posters over here and keep out the crazies with good moderator here.
You right about Mike, that his job. I see in financial statement they pay big money for investor relations. That all for him, maybe they pay too much too early. Nettel don't know what to pay,they no experience about this. I hope that long time ago past and they learn already. He have value in my opinion, just need to be more conservative. He understand a lot, this business complicated. Maybe we get him book on how to make press release better, he do better job about this weak area. Haha! But, no joke this man need to be more careful on his words, OTC or not. Nettel proof itself when the time come, no need to make hype. This company not too bad. We all make big money later I sure.
I don't know if we go pink or not. But if they late before, SEC know this sure and it not SEC mistake. They not in business of being Mr. Nice guy. And as you Americans say three strike out. If they go pink it ok with me as long as they make 10Q on time, and set deadline for going to a bigger listing like AMEX in next two year. Hope next year, if get CFO this can happen.
About the float I think share structure is ok.53MM share is not too much. But, I mad if they stupid about cost and waste share.I dont think they waste too much, except about investor relation cost. They keep cost low because vietnam where R&D happen. Another poster said the shares held inside was much higher than we say. He right, this true. If this go up, not a lot insider sell fast, make price go up very fast you see. But like i say before, this go no where until 10Q and nettel prove they do something.
For now I wait, and read all your good DD. You do good job, I appreciate it.