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People forgot how they got burnt last week on the Foley tweet. He probably sold some of his tens of millions of shares but because this is a form 15 penny stock not required to tell. Some bought high and are hoping to be able to sell and not take a loss.
This is the month I suspect DF will find out whether he's going to jail or not. His brother better start taking some business courses real quick.
I never bought a penny stock in my life. I do have a Sony 4K set which is how I heard of NTEK. Clearly there is something wrong with this company whether people will admit to it or not.
We absolutely know that NTEK has lied numerous times. How many times did they promise shipment and nothing. They even said that the admitted felon David Foley is not associated with the company anymore and he's still front and center. We also have proof that he said that 15,000 units were already in the channel back in January. Can't deny they said would be shipping in 7 to 10 days months back then on day 10 nothing but the next excuse about google update that they would be doing manually here. So the big question is then why didn't they ship all their 60,000 units to the states so they could have updated once approved? Why would they still only have 16% of their units here and the rest still in Asia? That makes no sense especially since they made it clear they were ready to ship months ago. How do we know they have even 10,000 units? Because they said so? We know they haven't been too trustworthy in the past. Maybe in fact they only have a few in hand and will ship them out with a lot of fanfare and the majority of the people will still be waiting and waiting like they have for over a year. Their Ultraflix is not even up and running. They say they have the largest selection of 4K in the world (even though we know their titles suck, and they still haven't given a listing of content), so why isn't that up and running. It seems NTEK drags their feet on everything. Maybe we can get an ice sculpture rapidly as they sell that too and their CEO's prior work experience is as an Ice Scupturer. Did I forget to mention that he never went to college, no business classes, just handed the position when the previous CEO his brother admitted to multiple felonies and had to step down.
Not illegal to be form 15. You just want to hide what's really going on. We 'll see if they do have audited financials rather than a promise to do so which had been the mantra with NTEK for years.
Hello. This is a form 15 penny stock the officers can buy 100,000 shares and sell 10,000,000 and only report the purchase. They are not required to report anything. They want you to know they're buying so you will want to buy as well.
Looks like NTEK better make money with their Ultraflix because their player is overpriced and nothing special.
http://ucsdnews.ucsd.edu/pressrelease/qualcomm_institute_researcher_tests_worlds_first_4k_android_game_console
Actually to be honest even though the MOJO is a much better deal than the np-1 at $100 cheaper they both are obsolete. Nvidia has the K1 board which is 4 times more powerful than the Tegra 4 that they both use. I would wait until they or another vendor comes out with the newer chip.
Yeah, and they pay their mortgage and bills with the options because they have no cash just some penny stock shares. Sounds like a great job.
But ultraflix isn't up and running so there's no 4K for them to watch either.
Since it took sooooo loooong for the NP-1 to come out we already have competitors who are cheaper. Of course some will say with certain degree of credibility that the NP-1 is a copy of the MOJO.
http://www.ign.com/articles/2014/07/01/mad-catz-mojo-micro-console-gets-ouya-game-library-4k-support
Same as the NP-1 and $100 cheaper oh my!!!
Uh oh. Can do the same as the np-1 at $100 less.
At least I'm not a felon. And why does a supposed leading tech company also sell Ice Sculptures. Maybe Apple should make garage doors as well.
Hmmmmmm. Had a whole year to get things right but still using excuses. They plug themselves as the leader in 4K delivery kind of lame. I just went to their site. Why is this "Tech. leader" plugging Clear Memories and ice sculpting business on their home page??????? Let's see they harp their gaming lab, magic screen, communications, media, 4K studio and Ice Sculpting. Yeah that makes sense. Builds plenty of confidence in their tech. The only thing frozen is their business model as it is stagnant.
Bait & switch. NTEK is Golden. Fool's gold.
Yes, promised the np-1 over and over again for over a year it never came. After all, David Foley said that 15,000 were already in the channel to retailers back in January. But hey let's forget that. NTEK is golden.
Have to love this board no matter what happens there's the positive spin. If the stock goes up here we go huge run soon. If the stock goes down, wonderful news as now NTEK can buy back cheaply. NTEk said DF no longer involved but he's still front and center - of course he's a genius and leader NTEK will excel with him. If his appeal fails in July which is when it will probably come to a head and he goes to jail -that's OK NTEK doesn't need him we got great people now working for us. If CNET ever gets their hands on a NP-1 and pans it, ahh they don't know anything they are worthless don't beleive anything they say. No matter what happens the spin will occur.
That's not confirmation just Dave Foley talking in an interview. He's lied many times before. He said there were 15,000 in the channel in Jan. that was a lie so why believe him now.
So now let's say even though she did say thousands it was a symantic mistake on her behalf. Always with a positive spin to every negative with NTEK. What about DJ saying that 15,000 were already shipped out to retailers in Jan. What's the spin on that?
There are over 130 apps on the Sony 4K set. That being said you have to admit NTEK has garbage now. Nothing but promises of better movies in the future.
Oh yes they did but I'm not going to waste half a day going through all these messages. I'm sure there are many here who remember that lie how they needed 3 months to get proficient with the NP-1 what a joke.
Remember last time with the shipping in 7 to 10 days. There were people on this board stating they had their CC. charged until of course NTEK came out and said there was a delay with Google and all of the sudden those people disappeared.
Are these the same techs. that had to train for 3 months on the NP-1 according to NTEK which was their excuse why it was taking so long to get into BestBuy.
Sony would never make a deal with NTEK. They have their own players their second generation shipping out in around 2 weeks and supports HEVC (H.265) which the NP-1 doesn't. Has a built in wifi (802.11 a/b/g/n) and supports up to 3840 x 2160/60p. I do not believe the NP-1 can do 60p. Plus you have to consider that they already have the best 4K movies available today right now immediately whereas NTEK has garbage and promises of getting better films. We all know how reliable NTEK promises are.
Expectations, dreams, desires and reality sadly are two different animals. Especially with NTEK. They promised the np-1 for over a year now. They promised it in BestBuys and Anazon last year, DF stated that 15,000 units were already shipped out to retailers in Jan. That was also a lie. Many people expect big things from NTEK but this is how scammer stocks work. They look for something that sounds credible and keep spinning tales as they sell millions of shares .
As an ice sculptor marginal skills. As CEO of tech. company with no experience or even college not unexpectively disappointing.
I admit I don't own any shares and in fact never ever bought a penny stock but that still doesn't mean I can't state the obvious here. I mean the facts are so glaringly obvious this is a scam. Multiple promises broken over the years. Hell they said it was going to be in BestBuy and Amazon last year. A founder who is an admitted felon and liar. A company who said in writing that he is no longer associated with NTEK but he's still front and center. A new CEO who is just his brother with no tech. experience, no college and work experience only as an Ice Sculpture. When asked at last year's SHM and you can see the clip above when asked about his experience he just says he has always been interested in the internet and social media. Great credentials. Be honest imagine him going to a legitimate company and vying for CEO with no experience in the tech. industry, no college and work experience as an Ice Sculpturer would you make him CEO of your company?
Don't expect to see the NP-1 soon. NTEK will just drag their feet stating that they're working day and night getting them ready but in the end if and that's a big if anyone gets one of these players it's going to be many weeks at the earliest.
There will never ever be Audited Financials for NTEK. anything they say is bupkiss. They will promise them but never deliver like they did over a year ago.
The only thing that NTEK followed up on for well over a year was that first divi. So all we're going to hear forever is see they paid a divi see, SEE, they're golden straight up pinky. Of course let's forget how much shares they print every day and the shares they sold to pay for the divi. And this wonderful divi was a joke $0.00024 per share. Let's forget all that they paid a divi. Wow< lets invest a hundred grand into this felon riden pinky stock sound like a great idea to me.
Still trying to figure out if the np-1 got approved hehe why not start shipping. After all people have placed orders over a year ago why do they have to wait for the end of the month? Ship now!! Hell they supposedly have 60,000 units. Do it! Do it! Release the Kracken!
All I expect this morning here is damage control. NTEK is the real deal, making millions etc. of course this is a form 15 penny stock that is unaudited so ANY numbers they give you is suspect. But for some it's gospel.
FALSE spin there. Oh let's compare Apple to a penny stock. Like NTEK has this big marketing campaign ready to launch. What about when they sent emails out shipping in 7-10 days supposedly they were ready then didn't see a big marketing launch at that time or the numerous times NTEK said they would be shipping before that. We're supposed to believe this time they waiting for marketing? So if that's remotely true where's the advertisements he'll they're shipping in 3 days.
Here's something to consider, why wait till the end of the month to ship the NP-1? People have been waiting for over a year now. They made a big deal on sending emails shipping 7-10 days then on day TEN whoa we have to wait for Google's ok. Now we find out that ok is an online free do it yourself certification. But let's just say all that is an oversight and NTEK is for real. Why then did they not start shipping immediately after they got the so-called ok? Hey people are waiting, they say they got 60,000 units it's done you can ship now. What they have to wait for June 30th. to ship out the 60,000 np-1? Is the old man with the key to the factory on vacation? Isn't that rather strange?
Not if you're an admitted liar and felon with ulterior motives.
Google isn't using the np-1 as a reference. Nowhere have they stated that.
Sounds like damage control to me. Fool me once shame on me fool me twice.....
What do you mean? He's (and the Foley family) are laughing all the way to the bank. They made millions selling today. And since this is a form 15 penny stock you will never find out because they are not required to file any activity. Make you wonder why Jeff tells you when he buys. You see he can buy 100000 but sell a million in the same day but people will only know that he bought and harp that. When the CEO buys I buy. Hehehehehehehehe.
What would Mr. Wonderful say to Jeff and David Foley in the Shark Tank?
You're nothing. You got nothing. There's nothing proprietary with your NP-1 or Ultraflix. If this made money the big boys would come in and buy a 20 4K convertors take over everything easily. Your NP-1 is just a MOJO with no proprietary software that's all. You offer nothing of substance.
You're cockroaches. and finally
You're dead to me.
Yeah a PR with another delay and lie.