Wong admitted it was all scaled
via FB investor page
So this is hardly a shocker. The fact that any sort of disc is being used to transfer assets proves two things: first, Paramount certainly isn't giving Nanosham ANY actual 4K content; second, Paramount isn't giving Nanosham any film stock with which to create files.
Believe it or not, most studios and post houses are now using LTO6 for secure storage/transfer of UHD, creating DPX stacks or bridge stacks across multiple LTOs for both raw data and masters. The larger TB drives are simply too expensive, they overheat, are hard to wipe and rewrite and have proven to be very fragile for transport.
My guess is the Paramount source files are not even 1080 - more like 720 MPEG-2 or whatever they had laying around for all these oldie goldies. But they certainly never had any intention of offering film for conversion, nor actual 4K anything, to Nanosham.
That much is very clear.
So taking outdated coded 720 digital and stretching to "fauxK" dimensions, then attempting to charge money? What a stinker. And a complete waste of investor funds.