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Their only hope is David Foley getting the smoke and mirrors rolling again and creating another "google super tweet" pump and dump.
DF will do nothing to NTEKS bottom line because UF is losing all its decent content in one month and they have to pay millions in lawsuits which leaves them no cash for content.
They don't spend any money marketing Ultraflix, the service is completely insignificant and its popularity is dropping fast.
NTEK paramount catalogue is going to expire real soon and they have no new content lined up. Then its only Bollywood and Polish movies left.
I doubt NTEK founder/ceo D foley is coming back to NTEK when hes done with prison.
There will be nothing to come back to... NTEK is an empty husk of a company with millions in lawsuits that have to be paid up. No employees besides the other 2 foleys, no physical work location.
NTEK there's really not much left.
Does 4k studios even exist? Why didn't they upload the hundreds of paramount movies they already paid for ?
Ultraflix is fading to obscurity.
Alexia (web traffic rating) has been steadily plummeting, popularity down big-time, less reviews and discussion of the service popping up everywhere and the user base is dwindling.
NTEK financials look ridiculous.
Who owes NTEK $2.1 million and why can't they collect this cash?
http://www.otcmarkets.com/financialReportViewer?symbol=NTEK&id=163004
Accounts
Receivable
$ 2,134,012
It doesn't make any sense.
Dave Foley will not be the savior of NTEK.
He scammed millions off of hardworking individuals, now people can't wait for his return from prison so he can... get back to scamming with BS tweets and press releases?
Suuuure.
NTEK = shareholder dilution machine.
Millions funneled to convicted Felon founder/ceos fake front company Royal Capital Group.
NTEK has millions they need to pay up to K2 and Long Side (already awarded) and their one decent content deal expires in a month.
I don't see how NTEK continues on in 2017.
Is 4k studios still in business? Why wouldn't they be uploading the rest of the paramount movies that NTEK paid for?
Doesn't make sense to pay paramount all this money for content and then not even upload all of it.
NTEK stopped uploading paramount flicks because the employees who were uploading the movies either quit due to non payment or were let go when NTEK shut down 4k studios.
NTEK is literally just Phil and Jeff Foley working from home trying to fight off multiple million dollar lawsuits. All of their offices/locations are closed up to save cash.
Beware of NTEK stock promoters.
Three failed/missed holiday seasons for NTEK.
2014, 2015, 2016 were all a huge bust.
Nothing but continued dilution of shareholders.
Dilution floodgates are wide open.
How else is NTEK going to make any money?
Three failed holiday seasons in a row.
2014, 2015, 2016 holiday seasons all brought nothing of value to NTEK. Just an ever decreasing share price from foley dilution.
NTEK is eyeing shareholders to bail them out of their enforcement judgements.
Incoming $2 million in dilution and sub penny NTEK
NTEK has zero investor relations.
The last guy they had didn't even get paid and bailed on NTEK.
NTEK has a history of stiffing people they do deals with.
Black Friday in one week - another flop for NTEK.
NTEK was a Foley enrichment scheme from the start. Shareholders are going to lose everything while Dave and the rest of the scammers pocket millions through Royal Capital Group.
Lawsuits are settled and K2 and Long Side won big. NTEK has to pony up millions of hard cash.
Massive legal bills piling up.
No cash to pay lawsuits, and definitely no cash for new content, paramount expires end of year.
NTEK is finished.
No doubt Foley is desperate for a new batch of suckers to buy the incoming flood of NTEK shares.
Massive dilution incoming to pay (attempt to pay) off their lawsuits.
NTEK stock is junk.
The lawsuit hammer is coming down on NTEK.
Another flop holiday season for NTEK. Black friday in one week.
Foley splins lies to get people to avg down on dilution.
NTEK no cash to acquire new content or pay off lawsuits.
Massive dilution on deck.
NTEK is a dilution scam not a viable business.
Was set up that way from the start - insider enrichment scheme all the way.
Plenty of REAL NTEK shares being dumped on the market.
NTEK owners are never getting a NTGL divvy.
NTEK is going out of business before that happens. NTGL divvy was just another lie pushed by Foley and the NTEK clown show to get more buyers of NTEK stock.
NTEK headed back to triple zeros before the year is up.
Ntek has no way to pay off these lawsuits, they're broke and ultraflix barely makes them any money.
Then they have to poney up another million or more to renew their one decent content deal (with paramount).
NTEK is screwed.
NTEK will never be audited.
They've been dangling that carrot infront of shareholders for three years now and every single auditor they've had has bailed on them. Now they don't even have anyone working on audits.
Just another pump to try and get people to buy more diluted shares.
NTEK is a share printing penny scam.
Ultraflix is not a viable business, they are broke, and their only decent content goes away in 2 months.
NTEK is dead broke, no cash for new content, no cash to pay lawsuits, no cash to keep their offices open.
Down to two employees, both relatives of the felon founder/ceo.
Anyone following NTEK over their years knows that they are full of crap.
This stock is so stinky you can smell the stench from miles away. Corrupt stock promoters, failed promises, misleading press releases, founder/ceo in prison for fraud.
AVOID
NTEK is a sad penny scam
Foley Bros laugh at shareholders while they stuff their pockets diluted ntek funds.
NTEK too broke to afford new content, too broke to afford their lawsuits.
What comes next?
Beware of NTEK stock promoters.
They are only looking out for their own personal gain. NTEKs biggest and most well known stock pusher was named a "corrupt stock promoter" in an FBI affidavit, another well known NTEK stock pusher is a registered sex-offender. These are the type of unscrupulous characters promoting NTEK stock. They want new and unaware investors to buy into this so they can flip their shares at a higher price.
Don't be fooled - NTEK is a rampant form 15, hiding from the SEC, insider enrichment SCAM. NTEK has put out years and years of false and misleading promises in attempts to entice more buyers. They diluted shareholders down 99% from the top and did a massive R/S. Now they have millions of dollars in lawsuits to pay up.
NTEK founder/ceo Dave Foley is in prison for multiple fraud convictions and his brother with no tech background was installed to run the show while Dave does his time. All other long standing employees except for Phil and Jeff Foley have bailed on the scam. NTEKs main office location has been cleaned out and has been dark/locked with nobody answering any phones since around July now.
Said founder set up a front company "Royal Capital Group" before heading to prison which he claimed was unrelated/unaffiliated and then funneled millions of dollars worth of shares into "Royal Capital Group" and sold them on the open market. Never forget, Dave Foley = Royal Capital Group. The scam is clear and dry.
By Christmas NTEK will have to dish out millions on court mandated settlements. They only have $6,000 in the bank and are cash flow negative which means massive dilution will hit any day now. Not to mention the other million needed to renew paramount contract.
NTEK scam is coming to an end soon.