Fortunately and hopefully, NTEK won't have to take any offers for money with all the expected revenues they are to bring in. Besides, OPM usually come with a variety of strings attached.
Foxconn holds 40mm NTEK-shares in collateral till such time as they have built their credit with them. After that period those shares are scheduled to be retired to treasury.
NanoTech management has been INCREDIBLY RESOURCEFUL, but part of that we are learning may be attributed to partners like nVidia who have been EXTREMELY involved, supportive & engaging with NanoTech.
I suspect that if NTEK should require more capital they'll work with what they have (their own shares again) in order to continue economies of scale.
IF NTEK fulfills their obligations with Foxconn & starts getting steady streams of production which we can now expect since the OEM business requirements appear to have been met recently,.... then we'll OBVIOUSLY be in GREAT SHAPE.
Why? Because it means that we've been MAKING MONEY....
LOTS OF IT!!! NTEK IR has already confirmed, via MULTIPLE SOURCES, that dividends are on schedule...& so too are buybacks: @ $3mm this year, NanoTech is exuding confidence...
Confidence born of EXECUTION if you ask me. Like the Skymedia deal: They obviously did a VERY GOOD job of keeping that quiet. It was happening & accounts for Nuvola product being both manufactured & shipped but we hadn't been privy to the details till just the other day!!
I like the policy. Make sure the deal is done, order fulfilled & then make the announcement!!! I appreciate that as opposed to making a big penny-stock production over a deal that could not come to pass.
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