Tuesday, January 20, 2015 2:05:32 PM
I know you have your own conclusions, which I'd love to hear if you justify them. Worst case scenario they use it as a shell to sell more shares, but this doesn't affect us except by association, which is a whole other debate. I will say that this scenario reflects poorly on management by showing their character, but the full effect on NTEK is all speculation. Best case scenario, it gets a division of NTEK (gaming) that requires its own funding away from NTEK's core business, which I think is their 4k conversion and 4k streaming (if branded/marketed properly).
IMO, it's going to be somewhere in the middle. They'll sell shares to fund unprofitable divisions while trying to expand their gaming division. But again, their plan for the gaming division's growth/customer acquisition is important here so less fundraising is needed = more profits passed back to NTEK.
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