Replies to post #21068 on NanoTech Entertainment Inc (NTEK)

[crowin]

.....................How did NTEK pay for the stock buy back?

please provide verifiable link to prove how they paid for it!

thanks in advance

NTEK has no Cash to buy anything,just liability!

As of September 30, 2012, we had total current assets of $54,722 and total current liabilities of $1,164,746.

Quote:We had cash on hand of $0 as of September 30, 2012. We do not have sufficient cash to meet our short-term needs
over the next 12 months, which are to manufacture and sell our existing products, expand our product development,
costs of research and development, trade show presentations, financing of product inventory, development of
prototypes, and protection of our intellectual capital through the applications for U.S. patents.


http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=97439

[TommyBoyTrader9460]

Hope all is well now cj..welcome back.ntek is treading along nicely right now.patiance is key. You do not want to miss out on the ride up

[BERKSHIRE AGENT]

Exactly! BuyOut or Acquisition, Partnership imho Huge $$$$