That's the plan. NTEK could license it to ANYONE & they could offer online-gaming for EVERYONE to USE!! No cabinet &/or physical construct necessary if NTEK so chose. Many U.S. states are turning to GAMING PRODUCTS at horse-racetracks, casinos & alternatives to bring in gaming revenues (as an alternative to property taxes, etc..)
NTEK has 17 Pinball games as part of their retail MultiPin product,...so the programming appears to be done FOR MORE GAMES...NTEK would apply their patent-pending technology & that's 17 NEW Gaming Platforms for customers....
The patents will be licensed!!! Regardless...it is clear that MORE THAN A FEW INDUSTRY ICON's showed interest in the game.
Not just pinball either...The underlying patented-aspects of the prototype have appeal to ANY GAME & to any gaming establishment!!
In Pinball, it is a NOVEL gaming application, a revenue generator that has broad demographic appeal to a HUGE "Baby Boomer" market that grew up on it & the nostalgia pinball evokes. And is VERY likely to do well in ASIA, Japan, Korea, etc. where this form of gaming has been VERY POPULAR.
A simple enough game for ANYONE to pick up! NTEK put it in digital, graphical form: No breaking parts, no downtime on the game, no balls getting stuck in the rails, between parts, etc., AND NTEK attached a novel betting-mechanism with customer-autonomy.
The patents can be applied to ANY GAME! Not just pinball, & probably why BALLYS is interested: I am sure there are others!!
Thanks for the explanation. This is cool stuff. As frustrating as the stock price has been, it's a great opportunity to add shares- which I am definitely doing next week!
So we see, NTEK has MULTIPLE Pinball Technologies, innovations & products that they own, designed & have built beyond the prototype phase.
NTEK's PinBall-products can be merchandised & is a ready-made business really. Bally's, or ANYONE else, that cares to buy, take a stake, provide equity financing &/or license the technology has a veritable potpourri of solid money-making ideas.
CATEGORIES FOR REVIEW: [] Patents [] Tech [] Digitized Games [] Multiple prototypes [] And James Industries Inc., has the exclusive rights to the Gaming Business that will be in their best interest to leverage. After 38yrs in the Casino Gaming Business, NTEK appears to have gotten it right again. Signing an experienced, veteran presence to get these licensing rights monetized.
NTEK is making a statement here & has many upgrades, patents-pending & technologies to offer the Baby-boomers, nostalgia, casual-play, gaming, at home &/or in the casino markets... WORLD-WIDE...& ANYONE can pick-up PinBall & enjoy non-violent, family-fun entertainment. And, NTEK has the technology-ready products that a company like Bally is sure to be interested in:
[] VEGAS2047 [] MutiPin PinBall [] Pinball Wizard 2 [] 17 Digitized Games [] 4 Patents to license (for PinBall &/or ANY OTHER current game)!!
ALL INNOVATIVE, all near-market ready, & ALL AVAILABLE NOW!!!
NTEK's Silicon Valley Headquarters, Offices, & Warehouse!!
Whatever this company says will be short lived until the next best thing since sliced bread is announced. Please pay attention to all the previous great things that just fizzle away until something else is used to sell shares. Scam 101