{"id":702,"date":"2013-02-05T05:45:00","date_gmt":"2013-02-05T05:45:00","guid":{"rendered":"\/?p=702"},"modified":"2013-03-25T20:14:25","modified_gmt":"2013-03-25T20:14:25","slug":"investors-mop-up-underpriced-nanotech-entertainment-inc-pinkntek","status":"publish","type":"post","link":"\/articles\/investors-mop-up-underpriced-nanotech-entertainment-inc-pinkntek\/","title":{"rendered":"Investors Mop Up Underpriced NanoTech Entertainment, Inc. (PINK:NTEK)"},"content":{"rendered":"<p> Cheap stocks have many reasons to go up, and at two cents, NanoTech Entertainment, Inc. (PINK:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NTEK\">NTEK<\/a>) is just accessible enough to easily add 30% in a day and keep its general upward direction from the past few weeks. The upward movement on Tuesday&#8217;s trading is a far cry from previous days when the price doubled from its single-cent territory. The ticker went up in volume and price significantly since December. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/NTEK0205.png\" border=\"0\" alt=\"NTEK0205.png\" title=\"NTEK0205.png\" width=\"450\" height=\"201\" \/> <\/p>\n<p>While NanoTech is advertising itself as an extremely promising company dealing in well-developed proprietary games and other systems, its filings reveal a still precarious position, where cash-hungry activities incur debt and stock dilution. As of September 30th, 2012, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NTEK\">NTEK<\/a> has relatively little to show:<\/p>\n<ul>\n<li>$668 cash<\/li>\n<\/ul>\n<ul>\n<li>$37,665 revenues<\/li>\n<\/ul>\n<ul>\n<li>$131,000 operating loss<\/li>\n<\/ul>\n<ul>\n<li>$1.16 million current liabilities<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NTEK\">NTEK<\/a> promises in the new year it will unveil new IPTV products which may make monthly income rise above a million dollars per month almost immediately as it secures customers. While the company runs a robust PR campaign touting contracts and developments, it shares a strange revelation in its OTC markets filings, that currently it lacks sufficient liquidity to run its normal operations. Otherwise, the <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NTEK\">NTEK<\/a> website is functioning especially well in the arcade gaming secrion, yet lacks substance in other areas, which we expect may be developed in the future.<\/p>\n<p>The gaming and IPTV company seems to rely on a miraculous turn of events, a not so far-fetched possibility in the world of online technologies. Yet its extremely cheap and accessible stock may be the real reason for investors&#8217; interest more than the business outlook. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NTEK\">NTEK<\/a> has not been promoted since November last year, and then only in a short campaign with a limited budget of $2,500. The pump by TITAN Stock Alerts had a limited effect and ended in rapid selling in the next few days. The new upward trend of the graph started in December as the ticker went to double-zeroes and invited investors waiting for quick returns.<\/p>\n<p> <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NTEK\">NTEK<\/a> invited a former high-level executive from Sega Enterprises, Inc. (USA), Mr. Alan D. Stone. He seems to have a long experience with arcade games and other coin-operated entertainment. Yet it is still early to see if this will have a positive effect on the business of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NTEK\">NTEK<\/a> beyond its pinball and arcade division. Mr. Stone will have to deal with a market of overly-satiated consumers that may not experience the novelty of video games as in the 80&#8217;s and the 90&#8217;s. <br \/><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/email.thestockmarketwatch.com\/wf\/open?upn=vzZzBY9Y6niCD8OCkromjDCcSvKMEpqS40G2OupyPS6wy8KbBYGnlzVd3rvJlEpFTb3QqWw1wAWOr40a-2BFIA-2BRDVBpUKoCNbmxCybxvn6eTVs9t-2BGDUVC3URyBbyCVeJf8Lf-2BB9JBtUrpOvuAs0T5wO36W2a9Os7IKMiJ4YMW0EUcAOV7WYP-2FDzsdbG73ek8\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" style=\"height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;\"\/> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cheap stocks have many reasons to go up, and at two cents, NanoTech Entertainment, Inc. (PINK:NTEK) is just accessible enough to easily add 30% in a day and keep its general upward direction from&#46;&#46;&#46;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[247],"class_list":["post-702","post","type-post","status-publish","format-standard","hentry","category-news","tag-ntek"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=702"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/702\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}