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Foley family pocketed shareholders cash through their own Royal Capital Group.
NTEK audits???
The management said over and over they were doing audits for 2014, going to be 2016 in 2 months and still no audits.
sony and samsung don't need ultraflix to sell any 4k tvs, the paramount flicks are just upscale HD files anyways.
ntek needs to be audited for the S-1 for NTGL to be approved by the SEC so no those shares will not be distributed because no legit audit company is going to ever sign off on ntek financial audits.
400m new shares authorized with an R/S looming, meanwhile Foley is banking shareholder money through his very own royal capital group.
NTEK A/S raises going to royal capital group.
NTEK will dilute another 400m shares, and then after that, they will be officially evaporating whatever shareholder money is left in this with their "recapitalization" plan.
Ntek on track to add over a billion shares to the float in 2015.
As raise means it's pay day for royal capital
NTEK has raised the A/S three times now and every single time they raised it... they said they wouldn't do it. When NTEK once again says "we don't need another A/S raise" after they max out the latest 400m new shares, you can count on them to raise the A/S anyways.
A/S raise means lots more shares for Foley Capital Group.
UF might be burred away with thousands of other apps on the Roku 4, but it certainly is NOT present on the box, remote, or advertised in any way whatsoever by Roku. Plenty of other streaming apps are being promoted by Roku 4, however.
http://www.cnet.com/products/roku-4/
The 4K movies, TV shows and videos available from providers like Netflix, Amazon Instant Video, M-Go and YouTube promise better video quality compared to current HD or 1080p streams (Vudu's 4K content will also be available on the Roku 4 at launch, the first we've heard of it). To take advantage of it, you'll need a 4K TV and a fast Internet connection, and in the case of Netflix, the most-expensive subscription plan.
Ultraflix paramount flicks are NOT true and native 4k, they are up scaled from HD files.
The world of streaming apps is a very crowded place, with little room for scammy ntek.
There's only one royal capital group involved with OTC pink sheets and it's the Foleys.
Longs are unable or unwilling to come to the realization that Royal Capital Group is just another Foley creation. Pretty hard to defend this scam when Foley has been shoveling all the shares from A/S raises through his own "investment" company.
How did the faker get roycapgp.com in the same shared hosting package and same IP as all the other Foley domains? How did the faker put Foley's voice on the voicemail message for roycapgp.com's phone number?
Before heading to prison Dave Foley the NTEK founder created a fake investment company "Royal Capital Group" that was then funneled around 600 million NTEK shares from two subsequent A/S raises.
Good chance for the SEC to halt this stock in the coming months with the evidence that the ex CEO/Founder of NTEK has links to Royal Capital Group. All IMO.
Oh don't you worry, he was paid handsomely. Royal Capital Group made sure of it.
I'm not sure I'd call it stealing... I mean he does need to be paid for his work and it's clear the cash was not there to do that properly. I mean, it is his business though publicly traded it is for all intensive purposes a privately held company at this point..
I've always known David is the big share holder in everything... he calls all the shots in an Omnipotent Manner.
Before heading to prison Dave Foley the NTEK founder created a fake investment company "Royal Capital Group" that was then funneled around 600 million NTEK shares from two subsequent A/S raises which he turned around and dumped on the open market to retail investors.
I thought NTEK have to be audited before they can distribute NTGL shares? If thats the case I don't see them ever getting NTGL shares out there.
Foley Capital Group is waiting on the next tranche of NTEK shares to dump.
New investors are staying away from NTEK stock.
Getting on the platforms that NTEK PR'd over a year ago would be a good start. Ultraflix was PR'd as being on Sony back in Sept 2014.
I guess we found out where the Shareholder money went, straight to Foley's Royal Capital account. Huge volume and PPS drop lining up in March when RCG started to be issued shares.
Has ntek commented on the royal capital group / Dave foley connection?
NTEK, Royal Capital Group, Dave Foley share selling marry-go round.
Ultraflix only on one 2015 4k tv brand the cheapo vizio.
So many things have been pumped and promoted that never comes true. Roku 4 latest addition to the lies being promoted.
Royal capital group is just another David foley creation. Set up for the purpose of recieving and selling freshly printed ntek shares on the open market. How shady is that??
http://roycapgp.com/ aka Royal Capital Group = David Foley unless somebody proves otherwise. lots of info has been posted linking the two together
Oh my, quite the DD here.
So you're saying royal capital group is just another David foley front to dump ntek shares?
If true the rabbit hole sure goes deep on this one.
Past NTEK financials has them reporting millions on Medis Sales with no Ultraflix or NP-1 even on the market, I'm curious as to what accounted for all those media sales.
Medis sales down more then 30% from last year with Ultraflix now on the market.
Wasn't David Foley doing NTEK's accounting at one point, you know, the guy sitting in prison for fraud? That may be the reason for the "staff shortage delay".
I wouldn't trust those financials without an audit.
NEW List of MAJOR SHM announcements!!!!!!!!!!
1. UF on SONY HISENSE NEXT WEEK !
Someone posted 25 announcements from the SHM on another NTEK forum this is #1 on the list, you might as well stop reading right here. It's been over a month and UF still not on Sony or Hisense this is after they told people at the SHM it was coming next week.
Its October now - No NTGL divvy shares distributed and no NTGL audits to be found.
Remember when they said NTGL audits would be completed in a matter of days??
Where are the audits??? I wouldn't trust NTEK financials without audits, they hired their first auditor in Oct 2013 and still haven't delivered audits after telling investors over and over that audits would happen in 2014. Huuuge red flag.
Sub 4 mbps streaming is not real 4k. The image would have to be so compressed to get it streaming at 4mbps that it destroys the true 4k quality.
I guess it doesn't really matter to NTEK because they aren't using true 4k source files anyways, just upscaled HD which a good 4k tv does for free anyways.
Wait until insiders are able to dump 30+ million more restricted in October. You'll see .007 easy.
Considering Ultraflix only works on 1 cheap TV brand those paramount flicks are probably just collecting dust on nteks servers. No real money to be made.