NP-1 was never mass-produced. Their claims to making and selling 60,000 of them were the most obvious lies imaginable. They never existed.
Sub-10mbps, nearly lossless 4K was always an even bigger lie. NTEK has no such technology. If they did, they'd sell it to everyone, instantly, and not have to run a penny stock scam to get rich. They don't even have the personnel to make an attempt at improving on H.265.
Come to that, we have no evidence that they've even coded any of Ultraflix into H.265. Since they've got it running on their demo NP-1s, that set of streaming data is H.264, because NP-1 has too weak a processor to decode H.265. The Android app showing up on various Smart TVs would be the same as the NP-1 Android app, and almost certainly means that the entire library is H.264 only.
JVC is not bundling NP-1 with their projectors to sell. Instead, they looked around, and found out there wasn't much for 4K content to demo with their projectors, so they cut a short-term deal with NTEK because crap content is better than no content. At a guess, it'll be running on a closed circuit at 25+mbps rather than running Ultraflix, because the former is more reliable and will help them sell projectors.
It's stupid for NTEK to push the NP-1/JVC lie at this time, because they'd practically succeeded in getting people to forget that they ever promised NP-1 a year ago. Since the NP-1 lies are the most blatant examples of felony stock manipulation, they should have never mentioned it again, because the more time that passes after Foley's promise early last year that 15,000 of them were already in the retail channel (a very blatant lie, and an extremely well-documented one), the less chance that they'll all go to prison for it.
So reminding people about the NP-1 is disastrous for them. They shouldn't even have made the deal with JVC for demos, and they certainly shouldn't have advertised it.
In many ways, reminding people here about the NP-1 and encouraging further false beliefs about it, like how JVC is now bundling NP-1 for sale with their products, resets the clock on that original crime.
Does NTEK have no one with even a smattering of legal sense advising them?