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The usual spin on a declining PPS scam is to blame shorts when in reality that's very rare in the pink world.
Up on $140 trade hardly worth rejoicing.
Apropos to say here, "Danger! Danger! Will Robinson!!!"
So amusing reading the outerweb spin. Apparently it's a great thing share price down so NTEK will be able to buy back cheaply.
Are these the same guys that took three months to train about the NP-1?
Maybe, maybe not. If shares come off restriction and the insiders know good things ahead they hold. All of that aside, it still doesn't negate the fact that they took their major product line to another manufacturer and then had them reformulate it as well. So that speaks volumes that something is majorly wrong and it wasn't doing well so they said Uncle and started over. No matter how they want to spin this it's not good and especially any red flags in penny stocks should be multiplied by ten for reality sakes.
I just found this today as I followed another here from a different site who's comment I agreed with. Be as it may I'm not so sure this is a good thing here. The recent PR I read as a negative. It's always more profitable to do things in house but they decided to outsource their Tapout brand but more germane is that the line has been reformulated as well. If something is doing well you don't touch it so apparently it is not, so they decided to start from scratch as well as give up the manufacturing. This is not a good sign no matter how one will try to spin it. That coupled with the excessive dilution after the PR clearly shows someone wants out.
That was an old lie debunked long ago but many blind mice still believe it's true.
I found it quite amusing that in their unaudited financials they had close to 300K in sales. What did they sell? Nothing sold anywhere in the world still working on their prototype game the same one they take to the convention with their big fanfare PR every year that actually generated nothing.
It always amazes me how these obvious scams seem to survive repeated miss deadlines and promises yet people still hang on as if it's going to be the one in a million exception to the penny stock rule. Even defies logic. You can give people all the evidence in the world; previous stock scams perpetrated by the principles, dilution, etc., but it as if people wear horse blinders. Just look at the posts here from one year ago how it's all coming together and soon blast-off. Hehehe. I've seen penny stocks that were halted by the SEC and the principles keeping out of the country because they'll be arrested on the spot and I read the boards and there are still people who believe it's real waiting for a turnaround. Another company promised no more increase in A/S as they're profitable then two months later increasing by hundreds of millions, diluting all that and then increasing it again by another 400 million. That stock is down like 90% this year but there's no shortage of cheerleaders pumping it daily as the second coming. Did I forget to mention that the founder and majority shareholder is currently in jail for multiple felonies. You see the scammers know people are like sheep running to the wolves and do whatever they like. They know the SEC is generally impotent and they can make millions selling the dream and walk away and perpetrate another penny scam.
Correct me if I'm wrong but wasn't there supposed to be this big push on Black Friday with UF coupons with each 4K set sold at BB. Has anyone seen an UF $ coupon anywhere?
Still waiting for the NGTL shares promised what 10 months ago? Just like audited financials never happening, but I expect a new spin come next year when none of the above occurs. Expect to be reading coming soon for sure this time here with BAM and FACT attached.
While I do believe that NTEK is a scam I do not believe it is appropriate to show pictures of family members. It is a pity his son has to know that his father is a felon.
Personally I don't get the excitement of UF being on the ROKU if it does eventually. Virtually all new 'smart' 4K sets already have hundreds of apps. and streaming capability. It would be redundant to get a ROKU. Perhaps the older HDTV (2K) sets may not be smart and then this would justify said purchase then again no need for any 4K material. Not that UF is real 4K but up-converted which the good 4K sets do automatically for free.
So let us understand this; NTEK is buying back the shares that they are diluting the same day. Makes perfect sense in the NTEK pump bubble.
http://investorshub.advfn.com/boards/profilea.aspx?user=206738
Got to love the post literally from one year ago on how it was a FACT that NTEK made close to $2 million.
Sounds like Omnivance doing their damage control job here. Spins and distortions to justify failures and lies.
Not reality but a distortion of. Not brilliant minds but criminal as the founder is behind bars. Sony, Hisense, Samsung could care less about UF. Is it a featured app.? Is it on their boxes? Nope. That's the real evidence where it stands not only the FACT that it is an unaudited penny stock hitting new lows weekly currently nearing half a cent.
I have an Nvidia shield player and UF is not be found. What more it's actually quite difficult to get on whereas one has to download other apps like sideloader etc. it is not a featured app like Netflix.
BAM, FACT!!
Hitting a 52 week low and down 10% for the day is a good day? Gee I hate to see what a bad day is.
PPS will remain low and probably hit new lows next week. But the bar will be moved and a new spin to rationalize holding this scam or buying more 'cheapies' will be pumped. Same scenario played for years in this scam.
NTGL posted their Q report today - UNAUDITED. Hmmmmm, didn't they promise months ago that they were almost finished with the audited financials of NTGL at the SHM and it would be available in a few days. Another NTEK lie.
I honestly believe that that site is full of insiders and people paid to spin every negative event. Notice how every time something negative occurs there's instant damage control and spin to make positive. No NP-1 - - we're past that don't need it UF baby! (notice how they instantly forget that NTEK said thousand were already shipped and BB training salesmen but never appeared anywhere.) No more increases in A/S yet almost immediately huge increases, more than once - - all good using to buy more content (instantly forget that they not only said no increases but that they had enough money). Promising audited financials for three years even stating multiple times at SHM and in SHL that were working and finishing them. Let's not forget at the last SHM they said finishing up with the audit of NGTL and would be available in a few days to a week. Yet months later nothing. Hey remember all those absolutely promising audits for NTEK before the end of last year. One was so certain stated he would leave here if not. NO audits, but still posting garbage. Whatever happened to the promised NTGL shares? Was supposed to be distributed a long time ago yet nothing and no update. Wait now there's speculation on the outweb that NTEK will just use that money to buy more content and no distribution that's what the proxy vote is about. But no worry that will immediately be spun into a good thing. Funny how UF supposed to be marketed all over BB, Costco and Sam's yet when I go there can't find anything nor salesmen that have any idea or interest in NTEK. The sub-penny PPS says it all.
Not logical to upgrade system the busiest time of business rather than an off hour like a real well run company.
Great management! Shutting down their site on essentially the busiest night for business. You would think if they needed maintenance they would do it at an off hour on a low volume day. Then again the only real business is selling stock.
That is such a distortion of fact it's laughable. What does one see on the boxes of Sony, Vizio and Samsung? Where's UF. By the way maybe someone should talk to the people at BB they never got the memo about the NP-1 or UF. The supposed leader no one ever heard of with a PPS of less than a penny and it's founder and majority shareholder an admitted felon in prison.
Been preaching buying the cheapies for over a year. Imagine what a loss this offender has.
How can a penny stock company with sales of less than a million a year 'acquire' a company with sales well over 120 million. Sounds very fishy to me.
Very strange. According to their unaudited financials their gaming sales were $193,330 yet there hasn't been one device sold anywhere to date. Who made up this number?
Yes and from there went to 0.0012 per share. So what does that tell you?
But the real question is is it really 4K or an up-converted HD. Why isn't UF showing certified 4K like they used to do? Remember the tiered system they used where the highest was certified. My TV, A/R and Blu-Ray player up-converts HD automatically at no cost. If UF can prove that these movies are certified 4K then I will concede they have something unique until then this company is worthless.
Just watched it on Bluray from Redbox for $2 and change. Sadly a very disappointing film. Nothing like the previous ventures. Not recommended.
People excited by an end of day $25 paint? Really?
When it goes up its real when it goes down its manipulation. What's up with that? They never sold one unit anywhere, and have no income.
Are they allowed to show Interstellar since they no longer have and are not paying for in an advertisement without paying additional royalties?
Yeah, I read that lie as well because I've never seen the UF logo on any box of any 4K set in Costco, Sam's, or Walmart. Some bag-holders are getting desperate. It's amazing reading the outer-web site where you are encouraged to talk to every one you can about UF. Have friends and family buy shares. Print up cards and distribute them everywhere you go with the UF logo. If in college write a report about UF. I had a good laugh at that one. They mention everything but have NTEK not lie anymore to shareholders. Actually have 4K-certified paramount pictures not upscaled HD. Deliver on the audited financials promised for years now. Hey wait didn't they promise audits of NGTL right after the SHM and here we are months later and still nothing. Laughably some people are still waiting for their free shares as well. This company is a joke and sadly many people have been fooled into believing the false hype and will pay dearly. When it falls apart they'll blame the non-existent shorts not the NTEK insiders who made millions already.
Wow. Looks like he needs jail time and mandatory psychological counseling as well. He's pathologic.
They'll just move the bar. Wait till Christmas. Then when nothing 2016 CES.
You mean nice paint. Did you not notice the near two million dumped just prior to someone buying $385 worth at closing just to bring the PPS up EOD. What was it just prior to the last transaction 0.0073-0,0074.