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How does a robotic dispenser increase sales ? Just trying to learn for myself.. was this company denying prescription fills because they didn't have the capacity? now this new machine will allow them to accept more orders ?
NTEK Income Statement ? Anyone know when the next one is coming ? Thx
I'm getting in early this morning - NTEK will work to get the PPS up
NTEK is pissed about the PPS - It will go up soon .
I have been out for a year but now I'm back in because finally this company is starting to do something about the PPS.
$8million in sales, $1.8million in Net Income.... unaudited.
I see Ultraflix.com carrying some decent movie titles....
Stock keeps falling... why ?
Revenue down 22% for the first 6 months compared to last year.
Down 50% compared to last years quarter.
Am I missing something ?
Is there a reason to explain the revenue drop ?
Any else remember that tweet from David foley about adding 50 more movies in December ?
I called them in October 2014 and they pushed to have them done by year end .
Still nothing .
I'll in invest when I see their audited financials . Until then I'm on the sidelines
Here is why I don't trust NTEK - FACTS
Back in November - like you I was very excited about ntek.
Bought in the .04x range and sold when it hit the .05 spike after the Samsun deal.
Was waiting to get back in..... until this,
1. David Foley tweeted back in December they were adding 50 more new movies. Only a handful have been added - lie #1
2. I called their Investor reps and they said " most likely financial by year end" over and over again . Year end... still nothing.
3. I vaguely heard about getting a 100 movies by Jan 2015.... still nothing.
I was a HUGE NTEK fan....but as you can see they re very deceiving.
How can I tell if David sold his shares ?
Do you guys remember when we tweeted " 50 more movies being added this week" and the stock spiked 10 or so % ? Yet only like 4 or 5 movies got added ?
I wonder if he sold some of his shares during that spike..... and if so wouldn't that be criminal ? Pumping the stock with false information for personal gain ?
Source? They said 50 movies by December... and 100 by Jan. I called their PR reps and for months they said "fins by year end most likely".
I was heavily into NTEK and wanted them to succeed but they mislead you.
Look at David's tweets back in early December. He said quote " adding 50 movies this week".....
Very deceiving.
Now that I think about it - I would be very interested to see if he sold any of his sharesa during that spike after his tweet - if he did that's criminal for sure.
Jump out and wait on the sidelines . If something big happens jump back in . You might miss your 20% spike but you hedge all the risk and can still find a way to be green
Gl TO THE LONGS
How much does it cost to rent a movie on ultraflix ?
You sound like me a few months ago . NTEK does not follow thru . 50 movies by December year end ? Fins by year end ? Still nothing .
I was a huge NTEK fan until all of this .
nO 50 MOVIES IN December? No audited fins by year end ? I started looking into NTEK back in November and thought the people bashing the stock were here just to short it. But after seeing the misleading first hand... I'm stunned.
I'm upset about no audited financials . Their Investor rep was pumping "auditing fins by year end" and still nothing
I wouldn't want to hold this stock Friday morning....
No fins yet ? Oh boy !
If no audited financials by year end this stock will tank.
Whats with the huge bid ? Something going on ?
I'm happy I'm out - I was really rooting for NTEK.... thought they had a great product but we're all here to make $ on stocks.
Even with those movies being released.. the stock is now almost down 10% ?
Again, i'm happy to be on the sidelines.
If ultraflix was advertised on all networks saying they have the most 4k content - that would turn them around in a heartbeat .
Closed in the red ?
I am blown away - just released some decent movies yet NTEK closes red ?
Is there a mandatory reporting date ?
Or can this filing delay push into next year ?
Big few weeks ahead of us - I'm torn as to what to expect. Sitting on the sidelines for this one but will watch closely.
But won't that show up in the next quarter ?
When do you guys expect the financials to come out ?
Also - why do you feel their financials would cause a spike in PPS ? Thanks
Can I get a summary of what happened with BIGG ?
Why are we suspecting the Q10 is late ?
Also... if this is their busy season then the seasonal profits won't show up till next years Q10........
Thanks
If that's true then the PPS will tank on Monday.
Power Hour Time
.14 - .15 close today. It is a pump and dump however they also had some really great news so even when the crash does come... it'll still be a steady climber.
50 movies takes a long time to add...
I don't know anything about the video conversion process but here is my thinking.
Last week they said 50 movies is in the process of being added...
Listening to DF interviews - he mentions there is a lot of work ensuring each video is 4k quality . Not only converting the film over but going frame by frame to rid the scratches and improve the color.
Say they work 6 business days..... 50 movies.... I don't see this getting done until next Sunday (12/21/14)
CLOSING .15 TOMORROW
How come the after hours trading brought it down 11% ?
I see a sale of 2.9 million shares.... does that mean the stock will open up at .096 ?
Closes over .1 itll sky rocket tomorrow ! BUY BIG
I agree - I am bummed too. However, after rereading his post I believe he stated they are in the process of adding 50 new movies.
Ultraflix doesn't update their app until Sunday. So I see this stock falling until then.
I'll buy in on Friday.
Pulled out of NTEK.
Per their facebook post they update their app every Sunday with new movies. No point in staying in and losing money between now and then.
I'll buy back in on Friday.
I also see the fins + any merger news happening at year end.
I pulled out - I see the 10Q coming on Monday....
Between now and then it'll just fall.
I'll buy big on Friday.
So is it possible a 10Q would not even be coming ?