NanoTech Entertainment Inc (NTEK)

[goinsouth]

That is not completely true! Here is the explanation from DRFoley on 06/16/13...

It's really simple. Go to www.speedtest.net and run the test at your home. If you get over 6mbit we can stream 4K to your house. if you get over 10mbit we can stream near lossless 4K to your house.

Most internet providers getting 20mbit/s or less service is under $60 per month.

Last year the average US home was getting 6.6mbit service and paying $44 a month.

No, streaming doesn't replace cable TV now, but it will. Streaming and on demand programming will take over. Look at this scenario. When Tivo first came on the scene, nobody had DVR. Now over 50% of the homes have a DVR.

Viewing habits change, and on-demand is becoming the norm and will replace the methodolgy employed now. Yes, there will always be the need for live streams, and scheduled programming, but long gone are the days of episodic content being dolled out and recorded to DVR, that type of content is moving to VOD very quickly.

TV is becoming a buffet, where viewers will pick and choose and no longer be taking the "base package"

With all of that said, 4K is coming, and while we aren't betting the farm on it, we are investing very heavily on it. We have addressed the technology, and soon you will see we will be working on content as well. Most of the big names do not have streaming players now, and are waiting on the hardware implementation of HEVC (aka H.265) to build them. Next year at CES you will see many of them, and then the race will begin for content. We will have had over a year under our belt by the time they get to market. They may even destroy the sales of our player at some point next year, but that is okay because our real goal is to have the 4K content and infrastructure that can be deployed on multiple devices. We are hardware agnostic, and will have our channels on as many devices as possible.