A forward or reverse split
doesn't change the value of the company at the time of split;
it simply changes the O/S and PPS of those shares. The market cap stays the same.
now moving forward, events can impact the market cap.
news, financials, contracts, etc in a positive light; this will need to be measured with use of available common shares (raising funds through dilution).
dilution isn't a bad thing, just that many CEOs use it for a non-productive things instead of growing the business (strategic JV, acquisitions, expansions).
if the market value isn't rising, yet O/S common shares are (from dilution), then the PPS will naturally drop.
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So today, assuming after R/S there are 2.5 million common shares O/S, with a PPS of .40; it would value ENTK at $1 million dollars market cap.
If ENTK diluted 2.5 million shares at .40 to raise $1 million dollars after R/S; it would have 5 million shares O/S; if money used for income generating assets, it should we worthy of at least maintaining a .40 PPS (which would value ENTK at $2 million)
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a lot of folks can't handle the kitchen; ENTK may fail and not become all that it can become.
ENTK has basically wiped the slate clean; and is valued at $1 million market cap with a 20 yr contract (supposedly) in place and multiple JVs and other contracts in place as well (supposedly).
There is always a certain amount of risk, but I knew the risk from day one that a R/S was likely; didn't expect it to be this large; but I see no need for ENTK to change its stock structure going forward (now plenty of room).
It has room to grow to meet OTC:BB compliance as well as growing the requirements to become listed on the big board some day. Those are lofty goals, but the structure is in place.
It now needs to delivery the deals, PRs, website, relationsips, contracts, bios, board of directors, and more transparency into what it is and what it wants to become.
I knew the shares I held this long where in for an all or nothing bet.
He (Mr T)/they (ENTK) have the chance, more scutiny type eyes will be looking in going forward.
A lot more work to be done (pinksheet update, website, etc.) as the new entity is shown.
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