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Oh and almost forgot one of the NTEK facilities/buildings was proven several months back just to be a Foley residence for sale. What a scam this is. You got to hand it to them though for making it last this long. They're really good at stretching things out with empty promises. PT. Barnum would be proud.
Because NTEK is a form 15 penny stock scam. Founder an admitted felon. Brother placed as figure-head in CEO position once original founder and CEO admitted to several felonies. Brother who is now the CEO has no tech. experience only a former ice sculptor with no college prior to getting the top position at NTEK. Many family member have received millions of shares for 'consultant' work. NTEK promised to buy back shares this year at the SHM yet only printed tens of millions. Also promised audited financials and Mr. Stone in an open letter to shareholders promised audited financials only to have unaudited ones released two weeks later. Thousands were supposed to have the NP-1 in January and David Foley stated that 15000 were already shipped that month as well. Then promised to be shipped in 7 to 10 days several months later then on day ten stated they needed further updates from Google. So what about the thousands before that update and the 60,000 supposedly already out? Where are the legit reviews? None. Just promises that never come. Statements here that they're making millions but no proof but empty words. A supposed leader in the industry yet stock sell for 5 cents down in the pinks. We still after months of asking haven't even gotten a list of 5 4K films that UF has that the general public would be eager to pay for. Nope only coming soon, you'll see big things ahead but then again this is the same statements made at this time last year and still 5 cents. Always on these boards in penny land you going to have people say how close they live to the company and how they met with the officers and facilities etc. and how wonderful they are and you should buy, buy, buy. Don't be fooled in penny land especially unaudited form 15 companies - they're always scams. What more the BS that it will uplist soon is impossible. There has never been a form 15 penny stock that was allowed to uplist ever, period. Don't believe the garbage here they just want your money.
Oh, the one where he promised audited financials and then two weeks later the unaudited ones came out. That one?
And what company can this non-reporting penny stock purchase with less than 40K on their made- up financials?
Just because they'll be one of close to 400 apps doesn't mean they have a partnership or deal. If I sell something on Ebay or Amazon I do not have a partnership or special deal with them they could care less about me. Why is everything distorted with this penny stock to play it up as a major agreement and validity when the truth is it's nothing but a 5 cent penny stock. Now the mergers and acquisition and buyout BS has been going on forever. Let's see how long. Everything coming soon here but never does. But this time I mean it hehehe. NTEK = SCAM
F-15-Retired Member Level Wednesday, 12/11/13 11:35:49 AM
Re: DIG4SLVR post# 126865
Post # of 245234
Buyout Coming? Would not be surprised to see one soon!
Yeah, since I've been on this board for 7 months always the same promise. When asked what happen - this time you'll see. I'm still waiting for the big news he promised the week after the SHM.
Hmmmmm. Didn't NTEK promise share buyback this year at the SHM. I guess they decided to print over 50 million shares instead. Yet another NTEK lie.
But of course. He has no tech. experience and was laughably ice sculpting prior to becoming CEO of NTEK. It's good to be a Foley at NTEK. So many have been given tens of millions of shares for 'consulting' work. One family member got over 25 millions shares while still fully employed at his real job at a electric company.
I feel for whoever bought at 6 today. By the way, wasn't one of the so-called branches/buildings of NTEK proven to be a Foley residence up for sale a few months back?
Is it worse than the insiders who post daily how 'golden' NTEK is knowing otherwise.
According to their own fake financials they have less than 40K cash. Who are they going to acquire with that? Who would want to merge with a non-reporting form 15 penny stock? Even the longs here have to admit they lied about the np-1s earlier this year. NTEK is just your typical penny scam.
We'll see who disappears when this scam eventually tanks.
UF is like the old Rodney Dangerfield joke, his wife complains that she has five closets full of nothing to wear.
Let's rewrite history. Anything to sell ntek shares.
So he admits to several felonies and the company wants to distance itself from him so people will buy shares they're printing by the millions. He hires his brother with no tech. experience or college for that matter and gives him the top position in the company yet he keeps himself on as tech. officer with a higher salary than the CEO. Then NTEK says he no longer involved in the company because of his legal battles. He hires a lawyer to delay his judgement and mysteriously he back in charge of NTEK. All sounds normal in the scam world of penny stocks.
The P series naturally gets the version of Netflix that allows 4K streaming, and Vizio tells me the app update for Amazon Instant that allows 4K is coming soon along with UltraFlix, a new 4K streaming service said to include lesser-known films.
That's sounds impressive? Maybe to someone with ulterior motives. Yes we're all from Ivy League schools except for Jack who still in a community college. Jack shakes his head with pride.
Where's the 60,000 units that were sold. You would think there would be more people talking about it and a decent site review but nothing.
That's a twist. CNET did mention UF but in not a flattering way. So if I say look at that girl she's ugly she should be grateful because I noticed her.
The Amazon site just directs you back to ntek big deal anyone can sell that way on Amazon. And the 60,000 units sold are where? And where are the legitimate reviews from cnet etc.? Nothing but silence because only a small handful of people have it and here we are almost Nov. and still not in any brick and mortar. That was really a successful launch!
Launch of the np-1? What launch? Where is it? It was supposed to launch last year then early this year and still not in BB.
And when he does go to jail you can be sure that NTEK will do their usual positive spin here with look at all the top name people we have. David wasn't even working here anymore. Jeff is doing a great job etc. etc. Usual NTEK lies to try to keep people buying their shares while they print them away every day.
Didn't NTEK say David Foley was no longer employed there last year but we know that's not true. He's always front and center at the SHM and interviews etc. another ntek lie.
And what content they have no one wants. One doesn't go to the store and take used tissues home you want the new unopened box, right?
Comparing NTEK to Amazon? Is that a joke? Amazon never was a 5 cent non-reporting penny stock. As a rule of thumb, no respected investor ever recommends investing in penny stocks. Insiders always looking for reasons to justify NTEK's many short-comings. Founder an admitted felon well look at Samsung's CEO. Brother of felon who is now CEO and never went to college with no tech. experience, well look at Microsoft. Look at all the exceptions in the world of business and try to relate NTEK to them. Now we should compare NTEK to Amazon. NTEK is a form 15 penny stock period. That represents the very bottom of penny stock land bottom feeders in a land where fraud is rife and common. That's the real NTEK. We know it has lied repeatedly over the years and continues to do so. Meanwhile printing millions upon millions of shares.
I guess that means no 3 films that the general public would pay for to date but we should discount the billion dollar Netflix because a penny stock is going to be able to buy multimillion blockbuster films that no one else can get. Does that truly make sense? NTEK sells stock and false dreams.
Didn't NTEK say the NP-1 would be out back the beginning of the year but it would take BB several months to train their sales help? Here we are almost November and no NP-1s in BB. No UF on any Sony, Vizio yet didn't they say would be on them end of Sept. Always promises with NTEK. And let's say it does finally get out on say Sony it will be one of close to 400 apps. Netflix has 4K available now. What 3 films does UF have that the general public would be willing to pay a premium for --> NOTHING. They were calling themselves a leader in 4K last year yet still not out.
Promises, tweets and lies = NTEK
It is going to be a great Christmas for the Foley family everyone else will be holding the ball on this penny scam. Didn't Foley tweet it's going to be a great Christmas last year and we all know that never materialized. Every week I read the same future projections from the insiders here; big news soon etc. How many months must go by after each announcement that we start seeing a trend of ntek lies.
Wasn't this supposed to be over a dollar already? After the Google certification? After the np-1 supposedly came out? On Amazon? Going to BB? Still 5 cent scam selling 50 million shares this month loading the Foley bank accounts.
I appreciate and respect this honesty. I wonder why when this was brought up many times it was always denied and a new spin to rationalize/justify that nonsense from NTEK. One must then consider if they can blatantly lie about one thing in an extraordinary way what makes all there other 'facts' reliable? I was the one who brought David Foley's email of the 15,000 units out back in January to everyone's attention here. Lorraine's comment from NTEK that thousands already had them by another.
Stop the madness!!
So we know that CNET just debunked the HUGE difference between 4K and 1080P when their staff couldn't tell the difference between the two, and in fact picked the wrong set. This is what I've been saying for over 6 months here. At normal seating distance you cannot tell the difference between a good Blu-ray or 4K you have to sit much much closer and who's going to sit 5 feet from their 65" set? I was one of the first in the country to have a 4K set so I know all too well. Check the link from the experts below you would need a minimum 80" set to see the difference at 10 feet. By the way, shouldn't there be NP-1s on the shelves of BestBuy by now. When I ask the sales people here no one ever heard of it. Where's the 60,000 units that NTEK manufactured? Wasn't it for sure going to be in BB by now?
NTEK = Form 15 scam (50 million shares printed this month alone)
Founder = admitted felon awaiting sentencing
CEO = brother of admitted felon with no college or tech. experience
http://www.rtings.com/info/television-size-to-distance-relationship
Yeah, should be like all the other ntek insiders on this board coming up with 'new' DD how great ntek is in order to sell more shares on a short 'pop' then watch the stock fall precipitously afterwards as usual. Discount all the real fact and play up the conjecture. Play up CNET mentioning ntek in a half handed and frankly unflattering way but down playing the paragraph where they say they tested several people with 4K and 1080P streams and they all picked the wrong set. I was one of the first in the country to have a 4K set and stated months back you can't tell the difference between 4K and 1080P at the normal viewing distance period. You should go onthe AV boards and ask those who have good 4K sets and they will tell you the same. A good Blu-Ray and 4K look identical at 10 feet normal viewing distance. Still none of the insiders here in the know can list the top 3 films ntek has that the general public would be interested in paying to see.
Cnet's UF comment was not positive it said they had garbage. What more they reiterated what I've mentioned many times before you really can't tell the difference between 1080 and 4K. Oops look like UF will fail with lousy content and no one to pay a premium with no significant picture improvement.
As usual, it was tough to tell the difference between the 4K and 1080p streams. I set up a quickie comparison for four CNET co-workers, with two TVs streaming 4K from native Netflix apps and two streaming 1080p from a PS3 -- all synched to the same episode from House of Cards -- and asked them to pick out the two 4K sets. None of them guessed correctly.
Agree completely! All we get from ntek is promises and ambiguous statements nothing goes to fruition. Where's the promised share buybacks, second divi, and audited reports? Always coming soon. Wow selling on Amazon as if that means anything as there are a hundred thousand companies selling on Amazon. Where's the 60000 units that were shipped? Cnet mentions the PR from Vizio as a side note and all of the sudden wow look they said UF. The real question should be how come no cnet review of the np-1 after all it has been out supposedly for many months and over 60000 people got them. Ntek down significantly this week but because it closed just marginally green even though two times the amount sold than bought, ntek is gold, long and strong. You got to love the insiders trying to pump to those who don't know the truth about this scam.
Yeah, wasn't one of the company's address proven to be a residential address of one of the Foley's up for sale a few months back? This is a share selling form 15 scam. That's why after every pump it drops down even further. Calls itself a leader in 4K streaming, the market knows the lie which is why it's 5 cents and heading lower.
Not to forget David Foley stated 15,000 np-1s were already "in the channel" back in January. Then the infamous David Foley tweet and how he played dumb to its affect afterwards. Many shareholders were left holding the bag while the insiders sold millions of shares that day. Mr. Stone promised in an open letter to shareholders that there would be audited financials then a week or so later unaudited financials came out. The founder is an admitted felon then when that came out they tried to distance themselves from that admission so he stepped down from the CEO position but just hired his brother with no experience or college and made him CEO and then made himself chief tech. officer with a higher salary than the CEO. Of course NTEK bought his brother's Ice Sculpting business before making Jeff (the no college brother) CEO and was paying him over 15,000 a month to lease his Ice Sculpting office even after buying it from him. Nothing but a share selling scam with insiders who post great things to come and phoney DD daily.
NTEK a leader in 4K streaming/content yet only a 6 cent penny stock. Excuses and spins over and over again for failures and lies but still a joke under a dime. It's founder a convicted felon, his brother placed into the CEO position with no experience, no college but only knowledge of Ice Sculpting. Promises for months now of big things that never come to fruition. No audited reports but a form 15 non-reporting scam. Look back and randomly read the posts here, pick any month and you will see the same promises soon big things yet after 10 months of 2014 still 6 cents. I remember after this year's SHM the pump big news next week, well here we are many months later and nothing but garbage but the promises remain big news coming soon. Always the same mantra. NTEK never delivers but promises things that cannot be verified. Where are the 60,000 np-1s? How come no legitimate review after so many months? Then again we were told thousands had them back in January. My Sony 4K doesn't have the UF app. I've had many updates on this set and have well over 300 apps nothing from UF. Promises, promises, tweets and lies, that the NTEK jingle.
Is this the same great Alan Stone that promised audited reports this year in an open letter just before the annual financials came out unaudited? That means no audited reports until Sept. 2015 at the earliest since only yearly financials are audited. Just another NTEK liar. Like sooooo many in the past.
Where are the 60,000 np-1s ?
Where is a legitimate review (cnet etc.) of the same, after-all it has supposedly been out for several months now?
If NTEK keeps calling themselves a pioneer in 4K delivery for over a year now, where's the beef? Name 3 films in their vast library (hehehe) that has any broad interest that UF can stream now. NOT
Where's the share buybacks promised at this year's SHM? Why are they printing tens of millions of shares if they promised to buy back shares?
NTEK always coming soon but then quiet and the new spin.
NTEK Scam
Still no legitimate reviews on the np-1 that has supposedly been out for months. Only a handful of people got one even though 60,000 were sold according to NTEK. Yet another lie.
Now they will move on with their next BS with 4K streaming and stress they have the largest content of 4K material in the world yet still cannot even list 5 top films because they have nothing but garbage.
The real competition will crush NTEK like the cockroach it is.
(Something Kevin O'Leary would say if the Foleys went on shark tank. Along with "You're dead to me.")
Admitted felon leader who put his brother in the CEO position with no experience, no college, just an unrelated Ice Sculpting business.
Just have to randomly go back on ihub and read the comments from last year this time virtually the same big things are going to happen come the holiday Season. We all know nothing happened and honestly nothing will happen this year.
Promises of audited reports soon at the last few SHM but still nothing. Yearly report done already and unaudited so no audited report until next year (Sept. 2015) at the earliest because audited report only done on annuals. (This of course after a letter from Mr. Stone promising the reports would be audited this year.) Lie after lie with NTEK.
http://www.forbes.com/sites/johnarcher/2014/08/28/amazon-uhd-4k-streams-hitting-samsung-tvs-in-october/
And no audited financials especially since they were promised soon at last year's SHM and again at this year's. Even Mr. Stone in a written letter to shareholders promised them this year but promises from NTEK come with a grain of salt. We know that audited financials are done only for the yearly reports and that has passed as of last month. So in effect the next audited reports will be promised end of September 2015. This is truly lower than a junk bond in viability. But then again it belongs in the scam world of pinks.
How many years now has management of this scam penny stock been promising audited financials. Every year they promise but never ever deliver. Why believe them this time?
There are over 360 apps. on my Sony 4K smart TV. Over 99% I never use but people think everyone will be watching UF specifically. I see the worthless unaudited reports are out on this form 15 penny stock. People will put on the rose colored glasses and forget reality.