Worthless? Heck no! You can't oversimplify a company that is evolving with a brand new marketplace. So, here's a little history lesson:
When first produced, the marketplace demanded a streaming box (thus, NP-1) as the 4k televisions they were produced for did not have the technology to stream any other way. How many other companies went after the market? Once the television manufacturer's stepped up and created 4k streaming capabilities without the OTT boxes, the tech companies had to go to work to get their products up to speed. NTEK would have been WAY behind the tech curve necessary to produce a quality streaming app without the work done that also produced the NP-1. Coupled with the 4k studios tech, NTEK has the necessary tech platforms to convert, compress and produce 4k product. They've bartered, bought and now produced. That's a fact as the product (Ultraflix app) is now up and running in the marketplace.
4k technology, televisions and industry is ground breaking. A whole new wave. That NTEK is in the midst is testament to the work put in pouring the foundation.
The share price, once bolstered by hype and hope can now rise on working products that are in the market. And, yes, just like I've stated before: the company needs to complete the puzzle by clearing up all financial issues related to transparency.
When they do, it's look out above!
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