Replies to post #109207 on NanoTech Entertainment Inc (NTEK)

[stoflat]

Thanks, David. Nothing like facts to shut down their game.

[PPS]

Mr Foley, GM... :-) NTEK

[samsamsamiam]

Speaking of content - Have you converted that HHSE Turtle movie yet?
Also if you partnered with HHSE and will be converting their "media library" - who exactly is paying for that? someone mentioned the cost of converting each movie and it sounded pretty high - and it's not like HHSE is swimming in $$$. Their best assets are their shareholders though! some of which are now yours.

BTW Insiders posting on these boards is a huge red flag and will end up in disaster - as I have witnessed time and time again. just sayin'.

But carry on - guess selling shares is the real business here. Pretty time consuming reading all these posts - is it not?

[Braden32601]

Thanks David. I love it when the true analysis comes out!--right from the company itself! Keep up the Great work. The Trade Shows look like they are going very well. Looking forward NP-1 coming out for the Holiday season and everything else. AWESOME JOB! NTEK

NTEK-The Future of Television

[samsamsamiam]

Shouldn't you be helping Sadler get those financials ready? Given you were doing the books all those years.

Will we see audited financials this time around given in 2011 Sadler were supposedly paid by a group of investors that received some convertible debentures in return yet nothing ever was produced?

What happened to that money? what happened to those convertibles?
What happened to that audit.

Credibility will come from producing audited financials - not from posting on some messageboard.

[Shavasana]

Thanks Mr. Foley. As an investor in NTEK, I really appreciate you stopping by this board occasionally to clarify an issue.

[Zorax]

Thank you for your time and answer.

I see you saw the writing on the stall, and changed your focus mid set top implementation. Did the Blockbuster announcement that they are focusing on real time streaming only and closing 300 stores shake you up?

My point has always been, ntek is doing nothing new or unique.
Adding your own proprietary software for media manipulation also isn't new. All your devices ARE computers. They all contain motherboards, i/o ports and network ports. Even windows95 came with some installed codecs. It's a dynamic science.

Nteks storage and distro of content isn't revolutionary. Where's the sales figures? Where's the financial filings a public company should be making? Audited by an outside auditor? I'll give nteck credit, at least it doesn't look like ntek uses photoshop in the advertising.

What’s shocking and obviously pretty devastating to your business plans is how fast set top devices are being pushed off the market cliff. I have a usb TV dongle capable of streaming 1080i right now via internet and airwaves and this company is also advertising the new fangled 4k ultrasuperduper stuff coming real soon. I don’t need and will never buy another proprietary set-top streamer. I haven’t checked ebay, but maybe Ntek is on there as well.

Ntek hasn't even started selling np-1h's and they may already be obsolete. That’s got to suck with the bottom line.

Let’s not even start about bandwidth, Since 1080p is now streamed using h264 at 6-8 Mbps in standard def and hdtv at best takes average of 18-19 Mbps, you'd be lucky to stream 4k @ 24/30 fps under 20Mbps. If you push the frames rates up, you can blow past 40Mbps. Keep in mind 90% of consumers never see over 2.5 Mbps from even their dsl modem unless they pay for extra tiers. Cable is just over 6Mbps. When Ntek talks of under 10Mbps for 4k (is that just 24fps?), that sounds like heavy compression work there. We want lossless viewing.

Some data:
http://blogs.iis.net/alexzam/archive/2013/01/28/h-265-hevc-ratification-and-4k-video-streaming.aspx

Is Ntek seriously believing they are capable with competing with Netflix and comcast, or google?
Full time consumer use almost 2 years away? Of course that can be shortened a little, as most tech does this. And Ntek is urging pre orders on boxes that have little content?

http://www.theverge.com/2013/11/2/5058386/netflix-testing-ultra-hd-4k-to-prepare-for-launch-next-year

Ask anyone what the largest issue facing 4K video is, and you'll likely be told that it's distribution; bringing the massive files — with four times the resolution of a 1080p video — to viewers' homes is an incredible challenge. Nevertheless, Netflix believes it will be able stream Ultra HD 4K videos to customers by next year, and it's already testing the feature, according to Gigaom. In fact, you can watch Netflix's test footage now, as a number of 4K "movies" have hit the service for internal checks on 4K performance. It's worth noting that the movies are all made up of test footage, and 4K quality isn't an option yet for subscribers.

Netflix hasn't kept its interest in streaming 4K video directly to subscribers' homes a secret. CPO Neil Hunt told The Verge this spring that "we expect to be delivering 4K within a year or two with at least some movies and then over time become an important source of 4K," and CEO Reed Hastings said on a recent earnings call that "we want to be one of the big suppliers of 4K next year." The company also teamed up with Samsung to demonstrate live 4K streaming at CES this past January. While it's unclear if Netflix will be able to meet its goal of a 2014 launch, it looks like there will be some good content once it does arrive: the company's very own House of Cards will be among some of the first video on the site offered in 4K.

[goinsouth]

Another good read on what makes the Nuvola different!