NanoTech Entertainment Inc (NTEK)

[DangFool]

Ultraflix' content is total garbage.

Barter system allows ntek acquire movie licenses without spending billions like nflix does. Ultraflix now outnumbers the competition with a-list contents and more variety for a wider populace of viewers.

Their "barter system" only works for garbage.

Think about it. "Hi, Paramount! We'll gladly remaster your $300 million film Interstellar for free (a $30,000 value!) if only you'll let us show it on our channel and make a thousand times that much!".

Does that sound like a good deal for Paramount who, after all, have greatly superior mastering capabilities and many avenues of distribution for their extremely valuable property?

You think Paramount has to deal with criminals and low-lifes to get viewers for Interstellar?.

Of course not. So, of course NTEK doesn't have Interstellar.

They had to pay through the nose for Rocky. They had the master for The Good, the Bad, and the Ugly, but (a) they didn't make the master, and (b) they never showed it. Why? Because they couldn't afford it.

And lastly, consider that the biggest impediment to the PPS going higher, by the longs' point of view, is the lack of audited financials, and we're assured time and again that this is a mere hypertechnical concern, and they'll get to it when it's convenient for their busy schedules.

Well, they just prepared selling off a third of the company, and right now, that 250 million shares with the ink still wet on them are worth less than $6 million.

If they're really a genuine company with a genuine future, and the audits are a trivial milestone, then wouldn't they want to get the maximum bang for the buck for the planed dilution? Wouldn't they want to get audits out there as quickly as possible? In fact, wouldn't they have performed the audits long ago?

The answer there is that there's quite clearly a problem with getting audits, and the obvious conclusion is that honest audits would provide prosecutors a roadmap to many indictable financial crimes.

Do any of the longs have an alternative explanation as to why the company would willingly sell what they believe is billions of dollars of their bright, shiny company for less than $6 million?