Replies to post #180078 on NanoTech Entertainment Inc (NTEK)

[DangFool]

I don't believe at all that they started out never intending to release the product.

Let's see how close to the bull's eye I can get: I believe they built the NP-1 with the best of intentions, maybe biting off a little more than they could chew, but with every intent of making a go of it. They were armed with marketing and technical analyses that told him just how much money could be made if the effective bitrate for high-quality video (defined, as always, by me as "better than 1080p off a Blu-Ray disk") was $X for Ymbps bitrate, $Z for Qmpbs bitrate, etc. They'd have a table of target bitrates, and they'd have a precise cut-off for when the whole venture would be profitable. Netflix and Amazon and Sony and Samsung all have the same numbers.

Then they tried and failed to hit the target bitrate, by a significant margin. Probably by a longshot. It wouldn't be profitable as conceived, even if UltraFlix was fully operational. So why pay Foxconn the enormous sums of money required to mass produce a product you already know can't succeed?

But they're public. They felt the need, for good or bad, to keep the stock price up. So they start telling stories, first small ones, then getting bigger, and can no longer even recognize whether or not they're honest men and women. In that sense, the fact that they're public is an albatross, keeping them away from the much smaller, albeit profitable side businesses they have going on of signage and 4K mastering.

That's just my theory. NTEK insiders can read that and maybe tell me in 6 months if I actually hit the bull's eye. If they ship the NP-1 in a few weeks to enormous commercial success, then obviously I missed the dartboard completely.

If you believe that they are manufacturing excuses and delaying the release with the intent of never releasing the product, I can't say I would be able to follow that logic based on the media products they've already released and the people they have on their management team and advisory board. It would be quite a stretch IMO.

[Helter Skelter]

When you "give away" 25,500,000 shares to a foley (just in one transaction of many...and not david foley, at that)...instead of hiring 25.5 more high tech brains ($100,000 per)...I think you've shown your hand and your intent...which has been going on since tens of millions of dollars, in shares, were given away to sherman and what's his name...

Link > You only do this when you're a scam.

...no stretch at all.

If you believe that they are manufacturing excuses and delaying the release with the intent of never releasing the product, I can't say I would be able to follow that logic based on the media products they've already released and the people they have on their management team and advisory board. It would be quite a stretch IMO.

A blind man can see it.

foley didn't think that anyone would believe "it" this long...the only reason they are even this close to releasing something that doesn't work.

Didn't ntek also say that they "weren't all that into", lOl...the np-1...and hardware?

Where's the acclaim for all the other ntek products...that accounted for over $8,000,000 in alleged sales/revenues the past 2 quarters?

What are those products?

Where are the glowing testimonials from those very happy and satisfied...ntek "customers"?

A blind man can see it.

Unfortunately...justice is blind, also, lOl...but I've hired her a seeing eye dOg...courtesy of BS...

ntek is on the clock.

End of story.