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Almost 100% dilution is not noise. Noise is being ecstatic about a 90 day exclusive in only 4K about a single movie.
And no longer own any shares IMO
You should have been at the shareholders meeting when it was only 528 million and it was specifically stated that fully diluted was only 589 million with all the other restricted yet to be issued etc
They didn't acquire it. They don't own anything ...
They should immediately rescind the increase in authorized shares.
Some day over the rainbow ....
Too bad the insiders who got those 180 million shares recently are all selling .....
At this price you would think they would all be buying ......
The last 180 million was for "acquisitions" too but it all went to old talent on very old agreements.
It is much easier to deceive someone than to get them to admit they were deceived. Confucius.
IMO the insiders are the ones selling.
The Paramount deal is only for 90 days so control your excitement.
More important, the stockholders meeting in 2013, the shares outstanding were only 528 million and fully diluted for all restricted and options were only 568 million we were told. So were did 200 million giveaway to insiders and employees come from? DF still had 60 million shares on this 2007 agreement. Really. The only "acquisition" is more shares for insiders and there is no content from the share issuance. Now another 250 million share giveaway and you are excited?? 100% dilution since 2013 stockholders meeting when we were told the ROKU channels were making over a million dollars a quarter at the time and no money or financing was needed. It would be fun to listen to all the questions they chose not to answer. Anyone buying stock at this time is an idiot. 4K Music channel?? What nonsense. Note they didn't say any of the people signing up were looking at anything but the free stuff.
What Nonsense
So Financial disclosures say no stockholder has more than 5% of stock, but say DF got 50 million shares in the quarter alone, so I guess he sold the 60 million prior issued plus those he got in the last quarter to fall below 5% ownership????? 2007 agreement - post a copy please.
Short sales of Pink Sheet Stocks are nonsense...
Pink sheet short sales have to be covered plus huge margin coverage....
Tax loss selling is what it is ....
2014 last day for tax loss selling!?
NP-1 with Seiki is great combo. Better than smart TV. All the other apps including Netflix on NP-1 so all video is upscaled. Surf the web and all the google apps and games.
NP-1 with Seiki is great combo. Better than smart TV. All the other apps including Netflix on NP-1 so all video is upscaled. Surf the web and all the google apps and games.
Actually 4k under 10 mbs is quite good on the NP-1 and the Seiki I got from Nanotech. Upscaled Netflix movies are very good, beautiful picture on the Seiki. They are making a big mistake giving up on the NP-1. Gaming and other channels are very good quality.
Picture shows ultraflix on an Iphone ....
No such app exists
Where do you get this stuff...
Remember Hannover House HHSE ???
National Bank of California has a $356,000 judgment against them they levied against all their bank accounts.
VODWIZ R.I.P.
Duh! that's why the stock price went from 6 cents to 4 cents when the O/S went from 528 million to 724 million!!! almost a 50% dilution of existing shareholders.
200 million shares added the last 24 months, and you are excited about 5 million share reduction??????
Unsigned letter to shareholders
No one wants to sign this kind of gibberish
528 million O/S two years ago, 724 million O/S now after "buyback"
Explain if they were sold, given away, optioned, ....
Inventory was listed as $1.9 million as of 9/30
If it wasn't NP-1s, what was it????? There are no other products. Did they sell $1.9 million in NP-1s between 9/30 and this letter to Shareholders????
Audited Financials going to be signed by a CPA firm??? Audited financials would require disclosure and discussion of the above.
OTC filings say NTEK was paying the $16k per month mortgage
Moderators please sticky this post
Factual post with useful information
No valid shareholder meeting and 200 million shares issued!
Raises more questions than it answers
Per Nanotech web page 10/7/2014
633 million outstanding of which 41 million were restricted
Now
724 million outstanding of which 71 million were restricted
So 90 million shares were sold, given away, what happened since October 7 ???? If they were sold that's 4.5 million cash.
Sold 95 million shares and bought back 5 million shares??
Are they giving up on the NP-1. No more production at all?
Sears and others are selling the Seiki and other dumb 4K screens.
Buying the shell because felonies can't get them approved for gambling equipment license, ..... what is the real reason for HVEL ??? Going to raise money through HVEL?? Then don't they get the revenue from the those acquisitions??.
Some people seem to know about news 2 minutes after it is posted in some obscure place. Amazing. This letter doesn't explain anything. Why put it out??
All their cash is frozen by the levy...
Not much leverage in this negotiation ....
The 8K doesn't give the details ...
National Bank of California has a Federal Court judgment for $335,000 plus interest. Writ of garnishment out to banks.
Don't get me wrong, I am long this stock, but serious financial crisis here. Hope they make it through this and can fund the launches.
Watch out for the Chapter 11 bankruptcy ...
Blog is candy coated financial disaster, liens, levies and no choice but to give in to creditor demands for a credit line that will suck up all the profits to pay creditors...
In Chapter 11 all existing stock is canceled and worthless, new investors get new stock for new value contributed. Company survives, shareholders don't. Usually insiders dump everything before filing so they have the cash to buy the new stock to be issued ...
What a fool believes ...
Much easier to deceive people than to get them to admit ...
they have been deceived ....
put in a bid at .05 tomorrow and I will fill all you can buy ...
What facts????
They have no product but they have $2million in inventory....
Ultraflix has no content anyone would ever pay for ...
Buy my shares and I'll feel a lot better....
From What?????????????????????????????
Really??
When did the convicted felon become the Company spokesperson???
Posting company private information ....
Nobody paid for all those views ...
....
....
In a normal company, you would be fired for this kind of post ...
You got a sticky, but
No Sony movies or Time Warner movies on my NP-1
or on Ultraflix .....
And if no NP-1 launch, what is the $ 2 million in inventory in the financials .....
Best Buy and others made a conscious decision to only sell the smart TVs in the store, no plug and play, set up issues. They still have lots of the 65" Sony 4k TVs for sale for $1999.00. Buy a dumb 4k TV like the Seiki and you need a Nuvola NP-1.
Triple bottom complete
Triple Bottom pattern forming for blast off
Strongest base pattern that exists ...
Who would have thought????
Stubborn is as stubborn does. Judge Davila sentenced him to Mendota, which like Lompoc, is a Country Club jail. All inmates have a private room. They allow the wife to come and spend 3 days with you every once and a while. The two year sentence if started last January, he would have been out on probation March 1, 2015. Hence the reference to 400 something days. How much $ to avoid that? Martha Stewart did the right thing, start serving while appealing. If she had just refused to talk to investigators she would have been guilty of nothing. But , misspeaking ,not under oath, to investigators confronting you is a felony.
DF is not NTEK. The real people running NTEK are Al Stone, Aaron Taylor, etc. and they realize they are in the right place at the right time and breathing! The 3 keys to success. They are quietly working on the big something. Which is why I am still long and strong! Let's just talk about the company PLEASE!!!!
All DF haters should be happy that all these problems have resulted in DF having sold a lot of stock. The last annual Financial statements say Foley got at least 60 million shares in these convertible debt deals, but they also say there are no shareholders holding 5% or more of the outstanding stock.
That means he has less than 1/2 of the stock left.
This whole criminal case is simply a breach of contract case that goes horribly bad. Foley sells his company, Ultracade to Global VR
for millions and for a fat salary. Oooooops, Foley maybe tech guru but no business genius transfers the technology and then finds out Global VR aint got no money! Not only don't they have the millions, they can't give him a good paycheck. He very inappropriately starts selling the remaining inventory he has on hand to raise money. The allegation is that he makes more inventory after the deal and he tries to conceal its true source by selling through a co-conspirator. 57 count indictment reduced to one conspiracy charge. Global VR goes bankrupt which they blame on Foley. Foley goes BK Chapter 11 which he blames on Global VR.
IMO Judge Davila only sentenced Foley to 2 years because Foley couldn't say he was sorry and he didn't answer the Judge why he wouldn't do anything like that again if he didn't sentence him to some jail time. He admonishes Foley, leaves the bench, gives him a second chance to answer the questions, Foley then blows that opportunity and just talks about how much money his new company is going to make. Great speech for s/h meeting not the right attitude at your sentencing hearing. Co-conspirator gets six months probation, no jail time. All public record, all federal hearings are tape recorded and available on CD for a fee.
So technically, you could commit a crime. Let's say you sell your car to your buddy and he takes the car. He never pays for the car. You go over in the middle of the night and get it back. Your buddy has breached the contract to purchase, you have committed Grand Theft Auto.
Absolutely Agree. Locked and Loaded. Only question is when is takeoff. Best Buy isn't touring the product because its not interested!!!