Replies to post #31973 on NanoTech Entertainment Inc (NTEK)

[s17gator]

that game jumper looks boring boring that game is lame imo...

[Trth4Sail]

Thanks for taking the time to both attend and to write up that review!

Much appreciated!

$NTEK

[GoodReward]

Thank you for doing that. It does make me feel better about this company. I will still wait for technicals to get better though.

[easyme]

Thank you very much for everything .. Regardless of anything else, who can argue with the reality of NTEK?

Only a few weeks to financials ..

NTEK!

[addicted2fishin]

Very nice of you to take the time to prepare that for all of us, thank you.
I have to agree with s17 that the jump game appears less than exciting, and appears could get very boring very quickly, but that is just from a cursory view of the game. Much bigger and better things happening obviously.

[jacklanvo99]

good post , thank you ... I copy it for repost..., Ntek buy buy buy

[jacklanvo99]

NTEK MODs please Sticky this post....NTEK we go thank you all

[purefreewater]

thanks !!! YOU da MAN !!! thanks for sharing !!!

[BIG Investment LLC]

Rec, very thorough recap. I know I speak for most other investors here that we genuinely appreciate the effort you and MX have put into networking and being the eye's and ear's for the investment community at this year's expo. Great job and appreciated!

To me, its exciting to hear about the other categories and focus of the company. Tells me they are hitting this holistically, highlighting their intellectual property and vision of where they feel the market will head. Visionary mindset is what I as an investor in a small cap company is seeking for from management.

Again, great work Rec!!

[brainyboy77]

Excellent work, Mr. Rec. keep us informed on the ins and outs of this company. I appreciate your intellect insights and observations that seem fair and honest.

[stoflat]

does anyone know when they applied and/or the process and timeframe for this?

"applied for Samsung's incubator program which provides funding"

[Bid_Wack]

Perfect!

[topcat1484]

First

"Revenues from electronics are a one-time fee. Approximately $1,000 profit is made from the sale of the electronics for the redemption games. I spoke to David Swanson VP of Operations for NTEK. He is responsible for working with suppliers for the materials that NTEK uses to build the electronics. This is done mostly with the Asian market. "

I dont know if anyone has REALLY looked at the math behind this statement.

$1000 profit from each redemption game. They have distributors across the world. if NTEK has 100 coin-op machines built a month (which is a TINY amount) that means $100,000 a month in revenue. $1,200,000 a year ! most companies can only HOPE to make money like that in a year! not to mention NTEK has so many OTHER revenue sources!

Second

"NTEK is divided into three categories with a total of 18 employees (from what David told me) ranging from CEO, finance, IR, programmers, creative, and production"

18 employees is a LARGE small cap company....most penny stocks have 1 to NO employees.....this is a REAL GROWING COMPANY!!!!

i never expected to hear 18....i assumed there were 4-5 people growing the company from the ground up.....but now we see it already has been grown, it already was in the seed phase, now we have a monster redwood!!!!