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Shorts have very little to do with the PPS.
When the TA was not gagged it was reporting constant dilution.
Pink sheet penny stocks are first and foremost are insider stock printing enrichment schemes.
They're moving (or trying) to move the game over to HVEL now cause they have maxed out ntek's SS.
It might be hard to have a sustained move past 0.3
That's the price big ben the stock promoter got his restricted at, people know this now.
Why was the new NTEK ceo saying not to worry "45 mil HVEL A/S" in the Feb 6th SHL when the plan was to up thee A/S 450 mil not even 2 weeks later?
Are we supposed to believe he wasn't privy to this decision when he wrote the SHL?
Good info here.
What's interesting is that the new NTEK CEO stated in the shareholder letter on Feb 6th that the HVEL A/S was 45 mil and not 45 bil. He seems to have excluded to mention that the HVEL A/S was going be 450 mil in the shareholder letter.
Did he just not know at the time about the A/S increase to 450 mil? I mean that SHL letter was only a couple weeks ago when he was saying not to worry HVEL A/S is 45 mil.
Its not the decimal they're adding extra numbers.
Big numbers are hard in NTEK land.
HVEL A/S was clearly most recently updated to 450 million.
HVEL Security Details Authorized Shares 450,000,000 a/o Feb 20, 2015
It hit .024 really not far from the .01's
When D foley and Big investment
Start selling some restricted shares and more .001 this is going to tank hard.
not too many longs loading in the 3's judging by the volume.
with the way ntek has been going it's a great way to double up your losses.
remember how the np-1 "official launch" went?
Remember this from a year ago?
4k vs 1080p TVs: Think twice before upgrading
http://www.rtings.com/info/4k-ultra-hd-uhd-vs-1080p-full-hd-tvs
The company has stated a lot of things which have proven to be less than honest in the past. Like I showed with robocop, you can buy the 4k remastered blue ray version for $5. or rent nteks 4k remastered version for $10. Guess I'm just missing something.
$5.99 RoboCop (Unrated Director's Cut) [Blu-ray]
http://www.amazon.com/RoboCop-Unrated-Directors-Cut-Blu-ray/dp/B00GST8UB8
Here you go. I can buy the 4k remastered blue-ray for $5.99 new or $3.67 used.
Hoping consumers will stumble upon your product is not a reliable strategy.
There are many other big players in the 4k streaming market now. Amazon, Netflix, Sony, soon Apple. It's not just NTEK anymore. Your avg consumer is going to go with the companies that they know and have used before. That means Netflix for 4k.
Still doesn't tell me how they will find Ultraflix when d foley diluted the company to the max and left none left for the advertisement/marketing campaign.
That's in exchange for NTEK shares right? That's usually how these things work.
Where did they get the 10 mil from?
I don't think they liked people pointing out the share structure. Gonna be heading onto 3 months without a T/A.
Oh wow. The economics of ultraflix really are abysmal.
There are 100's of apps on Smart 4k TV's are there not? Got at least 5 different major companies now streaming 4k are there not?
Not sure why you think Ultraflix will be the go to choice.
If their financials were as solid as they claim I don't think they wouldn't have had to dilute the way they did.
Major film studios don't give their movies out cheap. Notoriously they are extremely ruthless with wanting large sums of cash up front. You need a large viewer base to afford the yearly licensing on this content.
Given the past dilution and reality of further dilution needed to market ultraflix. Investors are very reluctant to go long NTEK even at .03
Insiders have a load of .001 shares they and have been selling at low prices.
Insiders like dave foley and big investment have 10's of millions of restricted shares that they can freely sell come april.
Big can barely keep even on the .03's he got way back for a private placement. I got a feeling hes gonna cash some out to protect himself.
NTEK diluted 100's of millions of shares and all they really have to show is Rocky and Robocop.
They need money to advertise ultraflix but there are no more shares left to sell.
Further dilution is almost a guarantee.
Ultraflix needs a major advertisement campaign.
They are unknown to the average consumer. Considering the share structure is now maxed out they're pretty much going to have to dilute further to market ultraflix.
Major film studios do not give their content out for cheap. Notoriously they make sure they get their pound of flesh out of the companies that are buying the rights to show their content.
It's why so many netflix wanna be companies have gone bankrupt in the past. You can't afford the licensing on the content without a large views base. You don't get the viewer base without putting massive amounts of money into advertisement.
NTEK just keeps getting darker and darker
NanoTech Entertainment, Inc. (OTCMKTS:NTEK) Struggles to Find Bottom
http://www.hotstocked.com/article/89124/nanotech-entertainment-inc-otcmkts-ntek.html?PageSpeed=noscript
Isn't Bruce schoengood apart of HVEL? Apparently that guy scammed his shareholders pretty hard and left everyone with the bag. I'm not sure why NTEK wants to link up with his company so badly.
Been 2 + months, does NTEK have a TA yet?
Its at 3 cents because the market isn't buying the unaudited revenue numbers posted by NTEK.
A company like NTEK becoming the next netflix is really a one in a million chance.
They need major promotion of Ultraflix and they will probably have to dilute further just for the advertising campaign.
There are big boys like Netflix, Amazon, Sony and soon Apple which are all streaming 4k, this doesn't leave much room for little known ntek.
NP-1 was too late to the marketplace to have any impact. Don't forget it was the NP-1 hype that brought the stock over 10 cents and then .175.
And at $300 a pop, yikes. You can buy a brand new smart TV for that same amount.
Here's the list of companies people like to tote around as being rock solid strategic partners with NTEK.
11 Giraffes
Ace Entertainment
Adobe
Akamai
ALLURE
Amazon
Apple
Avranches
Best Buy
Blackmagicdesign
BlindmanKind PinBall
Buen Diseno
Ciao Entertainment & Television
Clear Memories
Crystal Sky Pictures
Dolby
Eagle Rock Entertainment, Universal Music Group
Electrocoin
Elemental Technologies
Ericsson
Footprint Media Holdings
Foxconn
Future Pinball
Global Media Enterprises
GNAM
Google
Graphin Co.
Hana Ho Games
Hannover House
HDCP
HDMI
High Velocity Enterprises, Inc.(HVEL)
Hisense
IMAX
Immersion
Inglot
Ingram Micro
Iron Dragon Productions
Ittiam
James Industries
JVC Kenwood USA
Kula byte
Laser Graphics
LG
LumaForge
MagicScreen3D
Magnolia Pictures
Maquinaria electronica
Marquee LasVegas
MediaMarkt (Europe esp. Germany)
Medifirst Solutions, Inc.
MGE, Inc.
MGM Studios
Minicaster
MMA
Motion Picture Association of America (MPAA)
NHNZ (Natural History New Zealand)
NovoSensus
nVidia
OUYA
Panasonic
Paypal
The Pixel Farm
PolyGame
RedBull
Roku
Sammy Davis Jr.
Samsung
SantaCruz
Sears.com
Seiki Digital
Sharp
ShoutCast
Silicon Image
Sky Media (Korea)
SmithMicro
Sonic Pool
Sony
Staples.com
Suzo Happ
TECHLAND
TooFun
Toshiba (Russia)
VG360Tel
Vizio
VP9
Wine Channel TV
WolfSoft
wowza
Yet there are no details describing the partnerships or exchange of money between NTEK and any of these companies.
The problem is the Smart TV's stormed into the market place before the NP-1 even made it to the hands of people who pre-ordered them. You can get a nice smart TV which lets you use whatever applications you want without the need for a NP-1. If they were the "future of television" they would have been more in tune with the marketplace and not put so much money/effort/hype into something that was barely needed before it hit the market.
The NP-1 Nteks Flagship product was obsolete before it even made it out to the market place.
David Foley is, and always has been the BOSS. Regardless of who he slaps the "CEO" label on. DF is the one calling the shots and talking to the media. He is the face of Nanotech Entertainment.
Didn't you hear, JVC now owns 60,000 NP-1 for demos. lol