Replies to post #114809 on NanoTech Entertainment Inc (NTEK)

[Nikodemos]

~250mm shares were retired (&/or used for
collaterrol TO BE RETIRED WHEN DONE) in
the past year. When done with the counting
of shares...let us know where the ENTIRE
~250mm off the O/S came from.... Thanks!


NTEK

[integral]

Rule 144(d)(ii) as promulgated under the Securities Act of 1933 clearly states:

If the issuer of the securities is not, or has not been for a period of at least 90 days immediately before the sale, subject to the reporting requirements of section 13 or 15(d) of the Exchange Act, a minimum of one year must elapse between the later of the date of the acquisition of the securities from the issuer, or from an affiliate of the issuer, and any resale of such securities in reliance on this section for the account of either the acquiror or any subsequent holder of those securities.

Note the one year tacking period of the shares. Keep in mind if David and Jeffrey live under the same roof, David's shares automatically become affiliate shares by definition and is subject to the limited resale restrictions.