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Offline jewelerbrad

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NTEK
« on: January 25, 2013, 10:40:14 PM »
Anyone gotten in on this one?  I bought 23,000 shares at .0079 today.  It's up big today.  The news that came out said they're initiating a stock repurchase program.  Phase one was today and phase two is in a week or so

Offline dwj

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Re: NTEK
« Reply #1 on: January 26, 2013, 10:19:56 PM »
what do you think may happen after the buyback is complete?

Offline jewelerbrad

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Re: NTEK
« Reply #2 on: January 26, 2013, 10:21:02 PM »
what do you think may happen after the buyback is complete?

My guess is that news will follow. 

Offline blackfin2

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Re: NTEK
« Reply #3 on: January 27, 2013, 07:23:05 PM »
This is a copy and paste:


The Why of Stock Buybacks

There are several reasons a company may want to buy back shares of its own stock, some of them for the benefit of stockholder, while others have less altruistic purposes.
Here are some of the reasons, both good and bad that a company might do a stock buyback:

If a company is sitting on a large sum of cash and must decide how to invest it, one of the options is to distribute part of it to shareholders.
Companies can do this either of two ways: as dividends or buy buying up outstanding shares. If the company chooses to buy up shares, stockholders benefit even if they don’t sell by the reduction in outstanding shares.
If a company’s stock is suffering from low financial ratios, buying back stock can give some of the ratios a temporary boost.
Key ratios like earnings per share (EPS) and price earnings ratio (PE) look better because they are based on the number of outstanding shares. Reduce the number of shares and even though earnings don’t change, the EPS looks better.
Another reason companies buy back stock is to cover large employee stock option programs. The effect of these programs, which were out of control during the tech boom of the late 1990s, was to dilute the stock and shareholder’s equity. Buying back shares reduces dilution and increases shareholder value.
Some companies buy back shares as protection against unfriendly takeovers from other companies. By gathering outstanding shares off the open market, the company makes it more difficult for a raider to take control.
Conclusion

Stock buybacks can be great for stockholders if done because that is the best use of cash and the price is right. However, watch out of financial slight of hand that seeks to cover up weak ratios or poorly managed employee stock option plans.
« Last Edit: January 27, 2013, 08:59:58 PM by blackfin2 »
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Offline SeerII

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Re: NTEK
« Reply #4 on: January 28, 2013, 09:27:52 AM »
lookin good brad, over a penny in pre trade nice call...
A future event is a past event that hasn't happened yet. Today you are as old as you have ever been, and younger than you will ever be.

Offline SeerII

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Re: NTEK
« Reply #5 on: January 28, 2013, 10:42:12 AM »
either take the 100% gain and run as fast as you can, or sell half and get original money back and sit on free shares...nice play brad...
A future event is a past event that hasn't happened yet. Today you are as old as you have ever been, and younger than you will ever be.

Offline dwj

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Re: NTEK
« Reply #6 on: January 28, 2013, 12:30:38 PM »
I have a better idea.....take all proceeds and give tribute.....to Zod

Offline SeerII

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Re: NTEK
« Reply #7 on: January 28, 2013, 01:30:48 PM »
98 % increase, take the money and run...zod...LOL
A future event is a past event that hasn't happened yet. Today you are as old as you have ever been, and younger than you will ever be.

Offline jewelerbrad

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Re: NTEK
« Reply #8 on: January 29, 2013, 08:32:15 AM »
I didn't sell any shares yesterday....and news out today.

Las Vegas, NV – January 29, 2013 – NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) today announced has Alan D. Stone has joined the Board of Directors of NanoTech Entertainment and the advisory board of the NanoTech Gaming Labs division.

 

Alan D. Stone has served as President and CEO at Sega Enterprises, Inc., a world leading video game and entertainment company, from 1994 to 2004. During part of that time, he was also Founding President of Sega GameWorks, a state of the art location-based entertainment company. Prior to Sega, Stone served as Vice President, Sales and Marketing, for Nintendo of America, Inc., a world renowned video game company that he co-founded in 1981. Stone attended the University of California, Berkeley for his undergraduate work and an earned an MBA degree in finance and economics at the University of Washington, Seattle.

 

"We are delighted that Al has agreed to become a director at NanoTech," said Jeffrey A. Foley, chairman and CEO.  "Al brings years of experience that will be beneficial to NanoTech as we execute our strategic plan and begin to deliver our products to the market. Al’s experience at the highest levels of consumer and international business, and tremendous success record in the gaming market will provide invaluable guidance and contacts as we strive to increase value for our shareholders."

 

“Al has one of the most successful track records in the gaming industry and great experience in bringing products to market.  In 1981 he co-founded Nintendo of America, bringing some of the biggest hits in the arcade industry to America,” continued Foley. “He served with Nintendo for 13 years.  He then moved to another gaming giant, Sega Entertainment, where he served as President and CEO, and was responsible for some of the most popular games ever released.”

 

“I’m excited to be a part of the NanoTech team where I can share my experience in running multinational game companies can be put to good use,” said Stone.  “I’m also excited that NanoTech has a well-rounded approach and I see a lot of synergy between the gaming, media and mobile divisions.  The NanoTech technology is state of the art and I feel that we will be able to make great strides as the new products are rolled out in the coming months.”

Offline jewelerbrad

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Re: NTEK
« Reply #9 on: February 13, 2013, 07:47:31 AM »
It's getting crazy on the NTEK board on IHub.  About eight or nine people were banned from the board.  I think the shorts are on a rampage and it's making some people attack...which caused the banning. 
In any case, I think it bodes well for the stock because it means the shorts are getting desperate.

Offline Jakeaune

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Re: NTEK
« Reply #10 on: February 13, 2013, 10:07:39 AM »
Nice lil bit of news this mornin. Sittin on 25k shares.. just waiting on samsung now  8)

Offline jewelerbrad

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NTEK
« Reply #11 on: February 15, 2013, 07:54:57 PM »
Did you read the letter to investors?

Offline Jakeaune

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Re: NTEK
« Reply #12 on: February 15, 2013, 08:39:13 PM »
Skimmed through it. Nice to see that kind of management... not exactly the same as o'l Roy Boy.

Offline jewelerbrad

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NTEK
« Reply #13 on: February 15, 2013, 08:40:37 PM »
I was thinking the same.  I bought 19k more yesterday at .015

Offline Jakeaune

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Re: NTEK
« Reply #14 on: February 15, 2013, 09:10:50 PM »
haha dammit, I almost pulled the trigger on getting more when they dipped down to 13... but I talked myself out of it... ???

Offline jewelerbrad

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Re: NTEK
« Reply #15 on: February 15, 2013, 11:18:39 PM »
Shoulda done it!   I'm going to see how the market reacts on Tuesday, after digesting the information.  I might try to flip those shares I just got and increase my share. 

Offline Jakeaune

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Re: NTEK
« Reply #16 on: February 16, 2013, 05:24:00 PM »
Yeah... Think there will be another dip after the financials come out? I read somewhere that they didn't expect too much on this one... Was supposedly the last quarter of their true R&D phase... If she dips like that again, I'll be throwin more in.

Offline jewelerbrad

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Re: NTEK
« Reply #17 on: February 17, 2013, 08:15:05 PM »
Q4 gets released in the morning. 

Offline Jakeaune

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Re: NTEK
« Reply #18 on: February 20, 2013, 10:04:34 AM »
hopin this thing trickles down alil bit before they release any samsung news... so i can get more for cheap  :o

Offline jewelerbrad

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NTEK
« Reply #19 on: February 20, 2013, 10:05:23 AM »
I won't have any free funds for another week

Offline Jakeaune

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Re: NTEK
« Reply #20 on: February 21, 2013, 02:07:27 PM »
Trickling down for me nicely... just alil lower and i'm pullin the trigger on some more... I hope for it to trickle to the 15-16 range by like 2:30 pm Central... I've noticed their love for releasing news on Fridays, so if I can get a bit today, I can sell some quick into the news(depending on the news).

Offline Sauce

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Re: NTEK
« Reply #21 on: February 24, 2013, 07:57:19 PM »
So I was doing some research with this company over the weekend and I was wondering if you "jake" or brad could answer this. I found some info about the company owing patent pending I.P. for casinos, either of you know what that is exactly? Also, their mobile subscription for roku looks ok. Lastly I'm not sure what mobile games they make, but the Nano Player looks awesome.

Offline jewelerbrad

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NTEK
« Reply #22 on: February 24, 2013, 07:59:47 PM »
I know they have a lot of things over several different areas.  I'm not at home right now, so it's difficult to go over everything.  The real interesting thing is their recent move to Silicon Valley.  I'd be looking for info involving some major players shortly

Offline Sauce

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Re: NTEK
« Reply #23 on: February 24, 2013, 08:59:03 PM »
I can do that. I also saw a comment where the CEO was taking about share price getting up to .43 by the summer. I think it was in this last letter I'll try and find it.

Offline Jakeaune

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Re: NTEK
« Reply #24 on: February 27, 2013, 09:33:13 AM »
TO DA MOOOOOOOOON! KABOOOOOOOM! HERE WE GO FOR BLAST OFF!!!! KAZZZZZAAAAAAM!! WE'RE GONNA BE SO RICH!!!! BLAAAAAAMO!!! SHAKAKABOOM!!!!

.... sorry.... maybe i've been reading too much on the other site.... picked up a bit of their lingo

Offline jewelerbrad

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Re: NTEK
« Reply #25 on: March 03, 2013, 04:31:16 PM »
I think this is going to be an interesting week with NTEK.  With the convention coming up in three weeks, I think we'll get an increasing number of PR's, which will boost the PPS significantly.

Offline Sauce

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Re: NTEK
« Reply #26 on: March 03, 2013, 06:17:08 PM »
I'm actually going to be in Vegas during the convention. Depending how hard it is to get a guest pass maybe I can actually check out their Jumper game and take some pics.

Offline jewelerbrad

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Re: NTEK
« Reply #27 on: March 03, 2013, 06:19:31 PM »
I'm actually going to be in Vegas during the convention. Depending how hard it is to get a guest pass maybe I can actually check out their Jumper game and take some pics.

Contact Denise at NTEK.  Let her know you're a stockholder and ask how you might get one.

Offline Sauce

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Re: NTEK
« Reply #28 on: March 04, 2013, 05:13:08 PM »
That could work I'm flying out there today so maybe I'll try and swing by the office to see what it looks like. Who knows maybe they might give me a tour.  8)

Offline Jakeaune

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Re: NTEK
« Reply #29 on: March 06, 2013, 02:53:45 PM »
Nice little PR they put out today  8) think i'll just keep loading as I get more funds. Seems as though this is not an IF it happens but a WHEN it happens.

Offline jewelerbrad

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Re: NTEK
« Reply #30 on: March 06, 2013, 08:27:20 PM »
Definitely!  Today was a sweet day.  I'm glad I bought some more yesterday. 

Offline Sauce

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Re: NTEK
« Reply #31 on: March 12, 2013, 08:16:12 PM »
So I was reading through that quarterly report again on OTC and checked out some of their upcoming acquisitions. This company is going to have their hand in everything. The clear memories is a ridiculous ice sculpture company that looks like there going to franchise out. It states that the gaming products are going to get produced and sold in Asia which is huge! Also their buying a toy distributor lol. So even if lets say the pinball machines don't sell well we're so diversified it might not actually matter. The only areas of concerns I have are this; they talked about a possible R/S to go along with their buy back and it looks like A/S might increase once they complete the China deal. Thoughts..?

Offline jewelerbrad

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Re: NTEK
« Reply #32 on: March 17, 2013, 09:46:55 PM »
I believe it was actually a mistake that it was in there....I think.  I can't remember.  I do know that it doesn't make sense to do a r/s and then a/s increase. 
This company has really been great as far as transparency, unlike ATTD.  Let's see what happens over the next few weeks.  We have the exhibition and then Q1.

Offline jewelerbrad

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NTEK
« Reply #33 on: March 21, 2013, 11:39:53 PM »
David Foley actually went on IHub today to call out some of the numnuts there.  Never seen Roy do that!

Offline Jakeaune

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Re: NTEK
« Reply #34 on: March 22, 2013, 09:28:03 AM »
FRAAAAAAUUUUD!!!!

Offline jewelerbrad

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NTEK
« Reply #35 on: March 24, 2013, 12:31:02 PM »
FRAAAAAAUUUUD!!!!

What are you talking about?

Offline Jakeaune

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Re: NTEK
« Reply #36 on: March 24, 2013, 12:43:37 PM »
Haha just joking duder! That's what they were all screaming on the hub.

Offline jewelerbrad

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Re: NTEK
« Reply #37 on: March 24, 2013, 07:28:32 PM »
Haha just joking duder! That's what they were all screaming on the hub.

I thought so.  I think this will be a nice week for us.  We might not get news everyday, but I think we'll probably get a PR on Monday going over the expo, and then possibly something towards the end of the week with news that we're getting  more business out of it.

Offline easternohio

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Re: NTEK
« Reply #38 on: April 28, 2013, 09:34:29 PM »

Offline easternohio

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Re: NTEK
« Reply #39 on: April 28, 2013, 09:46:12 PM »