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People WILL pay to watch content in 4K. It is just the natural cycle of what the consumer does as technology advances. It doesn't matter if they can see the difference, they will pay simply because it is the latest and greatest.
Having said that, I would imagine that some may not see a difference between their current set up vs. Ultra HD TV/4K, but many will, and they will gladly pay.
I like what NTEK is putting together by way of their 4K streaming top box NP-1, the Ultraflix channel for 4K content, and the ability to "remaster" old content into 4K via their 4K studio division.
Just my logical two cents worth.
Go NTEK
Rec
Money in the bank doesn't matter at this juncture of NTEK's young history. The important thing for me now is that there are 50+ employees being paid and supported with incoming profits and product that to my understanding, is already paid for.
Most companies want to show as little profit as possible to avoid paying taxes, therefore they compensate employees accordingly and re-invest profits into building the company. Also, I recall getting dividends not too long ago, which is another way to divy up extra money left over.
I see NTEK becoming more and more profitable as time goes by, to the point where their profits will far outweigh what they have by way of payroll and other business expenses. As this happens, that is where I believe the company will execute further share buy backs to bring even more value to the shares held by investors.
Even if there is only $37K in the company account, last I checked, being able to run a company and support 50+ employees is a success!
Go NTEK
Rec
MCIG doing it the right way ProCannabis!
Slow and steady growth is a sign of a strong company and we have just that.
Go MCIG
Rec
WOW, incredible news for MCIG!!
mCig, Inc. Launches National Media Campaign
BELLEVUE, WA--(May 19, 2014) - mCig, Inc. (Stock Market Symbol: MCIG) is pleased to announce the deployment of a national media campaign for mCig and VitaCig products. The campaign marks an important milestone for the company as the business is now positioned to reinvest excess cash-flow generated from the sale of products in growth-based strategies. The company is also pleased to report that its base of near-term capital is at an all-time high consisting of nearly $500,000 in cash, cash equivalents, and inventory held for sale with zero debt and 99% of outstanding orders fulfilled as of May 19, 2014.
Hello World!
It is from this position of strength that the company is launching a national media campaign hoping to unveil our brands and products to the world. It is important to note that currently all mCig and VitaCig sales are generated with virtually zero marketing spend. This indicates that the adoption of our products is taking place virally, via word of mouth, and social media.
By leveraging these attributes, the company has designed a campaign that includes a combination of traditional offline marketing as well as “new-age” online marketing. The offline locations have been selected based on environments and locales that the company believes promote maximum sociability.
The campaign will officially launch on May 22, 2014 with increased tenacity over the next six months. In total, mCig, Inc. will spend a minimum of $1,000,000 on the campaign over the first six months. The projected budget will be capitalized from existing cash resources as well as projected free-cash flow. Any share issuances required to finance this campaign will be done in a non-dilutive manner with management canceling an equivalent amount of shares issued.
Offline Campaign
The offline campaign will consist of traditional media such as billboards. To that end, the company is pleased to report that it has signed an initial $300,000 non-cash, non-dilutive billboard placement agreement with Prince Media, Co. Prince Media is a boutique billboard company based in Manhattan, New York that manages a portfolio of nearly 50 billboards in Manhattan, Brooklyn, and San Francisco. Starting on May 22, 2014 mCig and VitaCig ads will be slotted for placement on Prince Media billboards in all three cities. Billboards will be rotated such that the ads receive maximum exposure. mCig and VitaCig ads will be displayed on a 40/60 ratio with VitaCig ads receiving 20% more rotation due to the wider target audience. Prince Media has estimated that over the duration of the campaign, the mCig and VitaCig billboard ads will reach 50,000,000 or more potential views. As part of this transaction $300,000 worth of mCig, Inc. stock was issued to Prince Media, Co. Simultaneously, Mr. Paul Rosenberg, CEO of mCig, Inc. canceled an equivalent amount of shares issued.
To view the portfolio of mCig billboard ads please visit: http://www.mCig.org/media
To view the portfolio of VitaCig billboard ads please visit: http://www.VitaCig.org/media
To view a list of locations where billboards will be displayed visit: http://gallery.princemediaco.com/
In addition to billboards the company is planning a strategic presence in upcoming music festivals with giveaway booths. Targeted music festivals include: Electric Daisy Carnivals, Coachella Valley Music & Arts Festival, Ultra Music Festival, and other music festivals that appeal to our target demographics.
Online Campaign
The online campaign will consist of new-age media such as display advertising, pay-per-click advertising, social media advertising, and re-targeting of customers who visited our website but did not elect to check-out. The company will manage an ongoing campaign with cash from existing operations. It is projected that mCig will contract with the following new-age media outlets for the online campaign: Google, DoubleClick, AOL, Yahoo, Bing, Adroll, as well as others.
The online campaign will be officially launched on June 1, 2014 with increased tenacity over the next six months. In total, the company has budgeted $700,000 for the online campaign over a six month period. This figure may be adjusted upwards or downwards based on conversion rates and returns achieved. The company will be financing this budget from projected cash flow and existing cash resources.
“Since launching the mCig 2.0 on January 14, 2014, and the VitaCig on April 15, 2014, we have experienced tremendous growth. We have seen tens of thousands of customers from over 30 countries purchase products directly from our websites and share their experiences online via the internet and social media. It is incredible to consider that this alone has been the only source of momentum underlying our growth. “
“I believe that our business is now on the cusp of achieving ubiquity within our target demographic. In order to achieve this ubiquity our brands must expand their reach via traditional marketing activities. Now is the time to initiate such expansion given that we are well capitalized and have finally worked through the logistical issues that lead to unnecessary order fulfillment delays.”
“Investors can rest assured that we will employ the same financial prudence we have in the past and avoid debt at all costs when pursuing these strategies. I would like to thank all our customers and investors for being supportive of our company and helping to spread the word on our products. For those of you living in Manhattan, San Francisco or Brooklyn, be sure to check out our billboards. Welcome to the next stage of our growth! ” said Paul Rosenberg, CEO of mCig, Inc.
About mCig, Inc.
mCig, Inc. (Stock Market Symbol: MCIG) is a technology company focused on two long-term secular trends sweeping the globe: (1) The decriminalization and legalization of marijuana for medicinal or recreational purposes (2) The adoption of electronic vaporizing cigarettes (commonly known as “eCigs”) by the world’s 1.2 Billion smokers. The company manufactures and retails the mCig – the world’s most affordable vaporizer priced at only $10. Designed in the USA – the mCig provides a superior smoking experience by heating plant material, waxes, and oils delivering a smoother inhalation experience. The company also owns Vapolution, Inc. which manufactures and retails home-use vaporizers such as the Vapolution 2.0. Through its wholly owned subsidiary, VitaCig, Inc. the company manufactures and retails the VitaCig, a $2 nicotine-free eCig that delivers a water-vapor mixed with vitamins and natural flavors. Through its wholly owned subsidiary, LiqCig, Inc. the company is engaged in the development of the world’s first pre-packaged alcoholic eCig. See more at: http://www.mCig.org/, www.Vapolution.com, and www.VitaCig.org
The company believes that a well regulated marijuana industry is emerging as more states follow the lead of Washington and Colorado in legalizing marijuana. A similar trend is developing within the eCig industry following the first acquisition of an electronic cigarette brand (Blucigs) by a traditional tobacco company Lorillard Inc. (NYSE: LO) for $135 million followed by another acquisition in February 2014 by Altria Group Inc. (NYSE:MO) of Green Smoke for $150 million. Wells Fargo (NYSE: WFC) analyst Bonnie Herzog estimates that eCig sales may rise from $1 Billion in 2013 to $10 billion over the next three years.
mCig, Inc. (Stock Market Symbol: MCIG) has positioned itself as a first mover at the intersection of these two trends and hopes to create shareholder value by making the mCig one of the leading choices for electronic consumption of plant material. - See more at: http://www.mcig.org/investors/
Safe Harbor Statement
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies.
Thanks MG-Trader,
I marked you back #570. Good luck with our investments!
Be well,
Rec
Live update from shareholders meeting via Dr. Evil who is at the shareholders meeting and passing along info to me:
- June 30 audited fins
- 52 employees
- looking for CFO
- marketing firm hired
- 3rd 4K scanner coming
- David is working full time with NTEK again
- patents in process
Go NTEK
Rec
Awesome, thanks David! Conference call line set up!
Go NTEK
Rec
Love seeing yesterday's gains hold and some green today! Took a position yesterday and holding strong.
Go HDUP!
Rec
Awesome to see news showing now! Those who held strong deserve to see their positions gain in value over time. Great churning here until the best big breakout comes.
Go SKYF!
Rec
Sorry, but this is NanoTech Entertainment, Inc. None of the ones highlighted are correct.
Go NTEK
Rec
Churning along nicely here today. Was thinking we'd have stronger moves out the gate, but it's gearing up for a nice close. Still holding here with no trading or flipping of my position.
Go SKYF
Rec
Thanks for sharing stayfocused! Rarely do I check in on this one because I have no worries here and it is a very long hold.
Slow moving in the short term, but explosive moves over the long term. Such is the case in MONIF. Added more today and will continue adding as funds allow.
Go MONIF
Rec
:) go AEGY!
Rec
Ultraflix will follow a similar business model as Netflix, but for 4K content only.
There would be a small monthly fee for Ultraflix, much like Netflix does with their customers.
Subscribers will be able to access free 4K content. They could pay a little more in their monthly fee if they want to watch that pre-packaged 4K content ad free.
Other more "desired" content would be on a rental basis, much like a customer who rents a movie or show off of Netflix.
I believe NTEK is constantly working to add content. The "desired" content is from the major movies studios. Any content deals made would have revenue sharing built into the agreements.
For those who use top boxes already, Ultraflix would likely be an icon that shows up as an option to tune into, much like you see on AppleTV's platform with the icons for YouTube, Netflix, and many other channels that offer content. So when you tune in, all you need to do is select the Ultraflix icon and choose your content, whether free or on a pay per view / rental basis.
This is my understanding based on an interview I did at CES when I asked how the Ultraflix model would be set up and how it would generate revenue for the company.
For what it's worth....
Go NTEK!
Rec
SKYF wants to see new highs print! Kindly pull your sell orders and watch how easily this moves up...
Go SKYF
Rec
Great SKYF news release, confident, clear, and concise! Time to move toward new highs!
Go SKYF
Rec
Well done silkyballer. SKYF is thinning out very nicely now with very little resistance. I hope others are watching and taking a position here.
Go SKYF
Rec
Love the churning today. If we get updates and or current filings, I believe SKYF could easily reach new heights in PPS.
Also with updates and or filings, sell orders sitting higher will likely be pulled allowing SKYF to move much easier, and to new highs.
Go SKYF
Rec
With the amount of MJ press that FITX has received via mainstream outlets, including national TV late night etc., how can the entire township of Lakeshore and the governing board of decision makers not be aware of FITX's intent in making their new sites an MJ grow op and testing facility? Really?
All is good here and when the site inspections are complete, FITX will get their license approval, otherwise why let this entire process that FITX is going through move forward when everyone knows what and why FITX is doing what they're doing.
Common sense logic here...
Go FITX
Rec
Nice to see you here too Mungyboy! SKYF is a very attractive buy for me due to the low float. With updates from the company, any of today's pick ups could be worth a lot more soon enough.
Go SKYF
Rec
I'd love to see that happen Neo! It would be nice to have some updates from the company though in order to gauge the expectations. For now, I still see this as a bit speculative, but the low float is extremely attractive to me and therefore I'm invested!
Go SKYF
Rec
Ditto on that Neo! I was able to increase my holdings by 50% today. And that's without selling any either. Standing by for updates!
Go SKYF
Rec
SKYF float under 400 million, I believe a run to a penny and beyond can happen.
I don't expect that to happen in just a couple days. There will be ups and downs along the way.
I do expect to hold my shares along the way.
Just because an individual doesn't post, doesn't mean they sold. Presently, I hold many tickers for which I used to post on the respective board, that I haven't posted on for months.
Go SKYF
Rec
Once again I'm receiving PM's accusing me of sharing fake and fraudulent orders from Pharmajanes.com. I'll say this loud and clear once again. The orders are real and any investigation into the legitimacy of those orders by the Feds, SEC, etc will be met with full on proof that the orders are real!
Quit trying to cyber bully me with PM's or a block will be used and any future PM's will fall on deaf ears.
Go AEGY
Rec
Great call silky! Holding strong here and looking for some solid updates from the company!
Go SKYF
Rec
Morning dip opportunity is gone. Buyers busted through the 2's and looks like we'll be chipping and churning away here to see continued gains throughout the day.
Go SKYF
Rec
There will always be "front loading" from a variety of people including those who work hard and reach out to CEO's to find the next big thing, those who scan for volume alerts and take speculative positions, and those who just jump in on momo.
What I love about this "front loading" is the fact that the float is so tiny and when you look at the volume over the last few trading days, and the volume at the various price per share points, we can easily get through those "front loaders".
So anyway, forget about all this "front loaded" crap. Set your scanners, work harder to find the next big thing, and ride the momo when you have it on your side! We're nice and green so far and I like the opportunity here.
Go SKYF
Rec
I recommend investors research what happens when a company merges into an empty shell. Generally, exposure and huge gains are seen. This is very likely what SKYF is going through at the moment. Great time to take a speculative position and watch for further updates and current filings from the company.
Go SKYF
Rec
SKYF float is less than 400 million. Looks like we'll go through the entire float today.
Go SKYF
Rec
SKYF! Big Investments LLC and Silk Dynasty are in the house! Big money coming in with major upside potential.
Go SKYF
Simple logical reasoning is always best when determining whether certain statements are true.
The way I see it, none of the companies NTEK has associated themselves with have come out denying the association. Also, if NTEK were blatantly stealing Mad Catz M.O.J.O. mother board etc, then Mad Catz would have issued a public statement or a cease and desist letter.
The well respected companies that NTEK has referenced or been associated with, would not stand by silently and let Nanotech falsely use associations to better their position or exposure. Simple logical reasoning...
When it comes to the licensing discussion and the ability to stream certain content, I shared what is in the works for NTEK's streaming service Ultraflix and how the revenues would be shared and how licensing would not be an issue. Watch and listen to this interview from CES, start at the 4:50 mark:
Here's how Ultraflix will generate revenue with content:
From questions asked at CES:
NTEK News:
NanoTech's UltraFlix 4K IPTV/OTT Streaming Service Achieves New Status with the World's Largest Library of 4K VOD Content
UltraFlix Positioned to Become the 'Go-To' 4K Smart TV App for Every Major 4K TV Platform
SAN JOSE, Calif., May 06, 2014 (BUSINESS WIRE) -- NanoTech Entertainment (OTCPINK: NTEK), a pioneer in bringing the 4K Ultra HD experience to consumers, announced today that UltraFlix(TM), its all 4K Ultra HD IPTV and Over-the-Top (OTT) streaming video service, now offers the world's largest library of 4K VOD content.
With the latest additions to its vast library of pristine 4K Ultra HD content, UltraFlix subscribers can choose from more than 200 hours of sci-fi, action/thriller, comedy, drama and family movies as well as knock-your-socks-off extreme sports videos, concerts, TV shows, special events and moving murals in addition to 100 hours of free content.
To offer up a taste, some of the most recent additions to UltraFlix's growing library of 4K content includes:
-- Movies - Freeway (Oliver Stone), Getting Gotti, Basil, Grizzly, Oblivion, The Complex, Manterra, SOLO, Return of Superfly, Shotgun Stories, Sweet Bird of Youth...
-- Extreme Sports - Into the Mind, Valhalla, Way of the Ocean: Australia, Tempting Fear, Moto:4, Not Bad, Zero to 100: The Lakey Peterson Story, 16- RED BULL shorts...
-- Documentaries - LA Nights, Best of Africa, Atmosphere (Timescape), American Empire: The Act of Collective Madness, Strongman, Tibet: Beyond Fear, Dragons, Real Street Fighter, Spirit of The Sea, Pebble Beach Car Classics, Lichtmond, Hayaku ...
-- Concerts - MUSE - Live in Rome Olympic Stadium, AC/DC, Jimi Hendrix, Pink Floyd, Bruce Springsteen, Paul Simon, Kings of Leon, Mumford and Sons, Fleetwood Mac, Madonna, Michael Jackson, Incubus, Pearl Jam and Queen...and many more from SONY Music and RED Distribution.
"We're committed to making UltraFlix the industry's digital 'go-to' 4K smart TV app for every major 4K TV platform," said Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing. "In the last two months alone, the UltraFlix library has dramatically expanded from 50 to over 200 4K offerings. Establishing UltraFlix as a destination that offers the world's largest library of 4K VOD content is just the first in a series of strategies that we are implementing to achieve dominance in 4K delivery."
NanoTech recently appointed Blake Brown Lead Technical Developer for its Global Media Business. An award-winning, multiple video-related patent holder, Blake is focused on porting UltraFlix to major 4K TV brands and 4K smartphones in addition to providing NanoTech's Nuvola NP-1 4K OTT streaming media player support for cable TV companies. This will effectively enable UltraFlix on millions of 4K devices during the next year.
NanoTech's Nuvola NP-1, which comes with UltraFlix and several video, gaming and social media applications pre-installed, is a multifunction device that can stream videos in HD, SD and 3D formats in addition to native 4K Ultra HD. Because the NP-1 is based on the latest Android Operating System, users have fast and easy access to thousands of video games and applications from NVIDIA Tegra Zone, Ouya, and the Google Play Store.
NanoTech also offers a commercial 4K Ultra HD video service, ProFlix UHD(TM) is bundled with NanoTech's NP-C(TM) commercial 4K streaming media player for 4K Ultra HD embedded applications including retail outlets, digital signage and trade shows.
Availability, Pricing
UltraFlix, the world's first dedicated 4K Ultra HD IPTV/OTT channel is available now on the Nuvola NP-1, and will be available on a variety of other 4K Ultra HD devices and TV's later this year.
Nuvola NP-1, the world's first consumer streaming media player that supports 4K Ultra HD content, is currently in production and will be available for new customers this quarter for an MSRP of $299. For more information on UltraFlix or the Nuvola 4K streaming media players, call 1.408.414.7355, email info@ntek.com or visit http://www.nuvola4k.com.
About NanoTech Entertainment
Headquartered in San Jose, CA NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With six technology business units, focusing on 3D, Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Media Technology includes the world's first 4K Ultra HD streaming solution. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. Clear Memories is the global leader in 3D ice carving and manufacturing technology. 4K Studios creates digital 4K Ultra HD content using both licensed materials as well as original productions. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NTEK.com.
"Safe Harbor" Statement: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in of the company; the positioning of NanoTech Entertainment, Inc. in the market; ability to integrate both developed and acquired companies and technology; ability to retain key employees; ability to successfully market product offerings and customer acceptance of products; general market conditions, fluctuations in currency exchange rates, changes to systems and product strategy by vendors of systems; and whether NanoTech Entertainment, Inc. can successfully gain market share. Actual results may differ materially from those contained in the forward-looking statements in this press release. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
NanoTech Entertainment, NanoTech Media, NanoTech Gaming Labs, NanoTech Communications, MagicScreen, 4K Studios, 4K Ultra HD logo, UltraFlix, NanoFlix, Nuvola GP-1, Nuvola NP-H1, Nuvola TV-U1, Nuvola NP-1, Nuvola NP-C, and ProFlix UHD and their associated logos are trademarks of NanoTech Entertainment. "The Future of Television", "The Future of Gaming" and "The Future of Entertainment" are Service Marks of NanoTech Entertainment. All rights reserved. All other marks are the property of their respective owners.
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20140506005512r1&sid=cmtx6&distro=nx
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20140506005512/en/
SOURCE: NanoTech Entertainment
CONTACT:
Agency Contact: Andy Marken, 408-986-0100 Andy@Markencom.com or Investor Contact: NanoTech Entertainment Christian Hansen, 858-381-4677 chhansen@nanotechent.com
Copyright Business Wire 2014
Perfectly explained. Buy vs sell volume.
Go NTEK
Rec
Nice chart analysis, much appreciated.
Go NTEK
Rec
FROZ .0043's were mine today. Well...at least some of them were. My best goes out to fellow friend investors here. Been following since low .002's, today I'm back in.
Go FROZ
Rec
Those 1.2 million shares were absorbed beautifully and NTEK moved right along with a very solid green close on strong volume!
Go NTEK
Rec
NTEK documents to peruse via FCC (Federal Communications Commission) website.
https://apps.fcc.gov/oetcf/eas/reports/ViewExhibitReport.cfm?mode=Exhibits&RequestTimeout=500&calledFromFrame=N&application_id=171317&fcc_id=2AB5MNP-11001
Go NTEK
Rec