Sunday, January 21, 2018 7:26:42 PM
So I will wait to see what NTEK reports.
I still can’t believe there is any $21 million funding. Why is it being dispersed over a time period?
JMO, this newco funding company, bought some debt from royal capital and will convert, sell and lend a portion back to NTEK.
That is essentially what Royal capital was doing.
Also reported was audits would be paid for when profits allow. Makes no sense. The audits are important and should be completed with initial funding.
Yes, I think the fins are a complete fabrication. There is no way this company is generating millions in revenue.
NTEK May be in discussions with studios for content, but recent A list movies will make the old paramount contract look like chump change. Even if NTEK had the money, IMO, the studios wouldn’t deal with a tiny unknown company. Particularly one that has a very deficient operating system.
I could go on, the buyback is complete bs ........
But don’t have any realistic expectation to recoup my loss.
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