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Replies to post #76824 on NanoTech Entertainment Inc (NTEK)
LivinLarge8
08/20/13 5:43 PM
#76826 RE: mrfence #76824
rjanderson383
08/20/13 7:45 PM
#76857 RE: mrfence #76824
Nikodemos
08/20/13 9:45 PM
#76900 RE: mrfence #76824
"Our total issued and outstanding shares have now been reduced to fewer than 546 million shares. The shares have been returned to treasury and our new lower total outstanding shares are now reflected in our accounts at our transfer agent," stated Jeffrey A. Foley, President and CEO of NanoTech. "This continued reduction in outstanding shares has given us more leverage for future contracts and investments strengthening the company while increasing shareholder value." Foley closed by stating, "With pinball product sales higher than forecast, combined revenues being to flow from both our media and communications divisions, we are looking for a continuation of growth in the second quarter of 2013 (Q4FY13) and beyond. Our goal is to move into profitability this year."
Here, from the NanoTech Website: Issued & Outstanding Shares 499,292,868 as of August 5, 2013 Free Trading Shares 422,931,287 as of August 5, 2013 Restricted Shares 76,361,581 as of August 5, 2013