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Message: Re: MTEK.PK Concern
1
Jun 16, 2011 12:15PM

Good Day Stakeholder,

Welcome to the New Board. To Help address your Concerns, First let's clear up the "Share-Buyback" issue. I've seen this come up numerous times and it's never been really clarified. This was Mentioned as a "Last-Resort" possibility during a CC. MTEK has Never PR'd or made any Definitive promises to do a Stock Buy Back. This was only brought up as a possible Action they "May" take in the future if it deemed necessary. Your Second Concern Regarding Placement into the Retail Markets. This is another Area where there has been Some Confusion. Again MTEK, has Made it Clear that this is part of Their Future Goals, As to whether they have Shopped Retailers or made any Deals for Product Placement has not Been Solidified by the Company. At this time it is much more Price efficient (90% Profit) to Sell their Products through the Website until More Revenue is being Produced. I would suspect that once the new Headset and Mobile Apps, and Second Edition Apps of their Current Software are Made Available, the Cost of Mass Production on a Scale Large enough to Supply Such Large Retailers is not Possible without the necessary Cash Flow. At this Time they are still a very Small Company with Low Revenue streams that will eventually increase Considerably with solid Trading of MSO in Germany and The Release and Sale of their Game-Changing Headset. These will lead to a Higher PPS, Greater Market Share, and a Massive Increase In Recognition as the Leader of BCI Technology.

GLTY

Jersi

1
Jun 16, 2011 12:45PM
1
Jun 16, 2011 12:47PM

Jun 16, 2011 01:11PM

Jun 16, 2011 03:56PM
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