News Focus
News Focus
icon url

Sir Francelote

02/15/13 10:10 AM

#23340 RE: Don Quixote #23330

CEO Responded what I told everyone yesterday:

In 2012, while the company was still in the R&D phase and borrowing money to sustain operations, it was strategically decided to temporarily forego the very expensive process of filing quarterly audits.



--------------------------------------------------------------------

Sir Francelote Thursday, February 14, 2013 10:54:32 AM
Re: big9forya post# 22864 post# 22864 Post # of 23330

By filling Section 15(d) NTEK significantly lowered its operating costs and management time commitment for compliance and reporting activities. Sarbanes-Oxley Act compliance is also no longer needed.

Be informed!!!

$NTEK