Just out of curiosity,... why would any long really care what happens in the very near short-term beyond the Feb delivery date?
Yes, it is still lightning quick to go from no mechanical drawings, design, architecture, etc. to a prototype in that time, never mind a product-to-market; but why would you care FISCALLY if NTEK meets a February to early March launch date. I DON'T follow along why. Here is just some of WHAT MY ANALYSIS SUGGESTS:
One, we still have The World's First-Ever 4K Streaming Media Player at market MONTHS in advance of others.
Two, we can still obtain 2 shipments of product easily before mid-July, & likely be north of $8mm in revenues by then with this one product.
Three, which would not adversely interrupt any Nuvola business; namely attendance to Trade Shows AND the Share Buybacks!!! :-D
NOW, NanoTech has budgeted $500,000.00 in July to purchase shares off the open market, right? (LMAO) Well, we'd still be on track for that, right?
& what kind of pps will NanoTech find in July as they move into their Shareholder Meeting? "Theoretically", having done a minimum of $8mm GR & just having begun to buy back shares? Even if they "miss" a projection? What's the pps at that time?
Well,...what would you guess? Let's run a range of numbers shall we? And, just to keep it simple use NTEK's Forecasted total of $3mm in 2014 for that purpose.
AND, let's use each figure as our cost average for the entire $3mm amount just to keep the whole thing easy-peezy!
In 2013 NanoTech “bought back &/or retired” ~238mm outstanding shares thereby REDUCING the O/S from a high of 770mm to its current 528mm. NETK has also said that 40mm is in escrow pending a manufacturing L.O.C. & they will be retired immediately after having fulfilled that purpose.
NOW. Here is where it gets VERY INTERESTING. How many restricteds were there again? A MAX of 76mm & there could be ~36mm. So, if the price goes ANY lower than $0.10 clearly there is NO SUPPLY, no "new" shares in the "system",...that amount of buying power reads as if it might consume the remaining shares. SO, I don't personally see ANY REASON to sell ANY of my shares here. Sorry! And I won't, mainly because the value is to the UPSIDE in so many ways.
LONGS are, imv, being led to believe that the "sky is falling" simply because of a profit-taking retrace & short-interest (imv) when if folks just sit back & relax NTEK is showing that...well, THEY GOT THIS!!!
Remember, insiders do NOT hold ANY special classes of shares, they hold COMMONS,...just like the rest of the investors here (unless one is short then, that's borrowed & sold already...trick is WHERE TO COVER....i think,....hmmmmm)
But I don't see where LONG-INTEREST has anything to worry about as long as the company continues advancing on their business-plan. With nVidia, Foxconn, Ingram Micro, Seiki, Neil Smith, Alan Stone, Aaron Taylor, Aaron Hightower, Phil Foley, "LX" Rudis, Leslie Hayes, Jim Rossi, David Swanson, Ted Campbell, Jeffrey Foley & the rest of the staff comprising NanoTechs multiple divisions & products I don't see the odds NOT being in our favor!!!
Again,...regardless of what happens tomorrow...NTEK is in position. Lastly, the plan is set for this year...& beyond. Those of us shareholders that have been to the shareholders meeting &/or visited the facilities KNOW BETTER!!!!
NTEK is, imho,..."a good business..."
NTEK's "ONE MAN BAND"!! LMMFAO: Cheers! Salute! Nazdrovia!