Posted On: 07/09/2015 11:38:56 AM
Post# of 96896
Repost some key points from> Letter to Shareholders Jun 29, 2015
UltraFlix Content
- We have transactions with major studios for 4K content that will be disclosed when appropriate.
- We have optimized our encoding workflow and have 100 films that will be uploaded to UltraFlix in the next 15-30 days.
4K Television Manufacturers/Applications
- We have pending announcements with top tier television manufacturers to release UltraFlix on their 4K televisions. We will disclose in a press release when appropriate.
- Hisense will inject 1 million 4K sets in the US Market this year and will feature , Ultrallix as its premium 4K VOD application.
- Vizio is marketing UltraFlix via email, social media and in-store retail displays.
- We have signed deals with two featured 4K Apps that will license UltraFlix content.
Share Structure
We have increased our Authorized shares from 990MM to 1.4B. We did this for several reasons:
- To attract new Empioyees andNew Acquisitions including uplink.to
- Pay for Contract Obligations
- Pay for New Studio Technology
http://www.otcmarkets.com/stock/NTEK/news/Let...91&b=y
reposted because some shareholders may of not seen the shareholders letter.
UltraFlix Content
- We have transactions with major studios for 4K content that will be disclosed when appropriate.
- We have optimized our encoding workflow and have 100 films that will be uploaded to UltraFlix in the next 15-30 days.
4K Television Manufacturers/Applications
- We have pending announcements with top tier television manufacturers to release UltraFlix on their 4K televisions. We will disclose in a press release when appropriate.
- Hisense will inject 1 million 4K sets in the US Market this year and will feature , Ultrallix as its premium 4K VOD application.
- Vizio is marketing UltraFlix via email, social media and in-store retail displays.
- We have signed deals with two featured 4K Apps that will license UltraFlix content.
Share Structure
We have increased our Authorized shares from 990MM to 1.4B. We did this for several reasons:
- To attract new Empioyees andNew Acquisitions including uplink.to
- Pay for Contract Obligations
- Pay for New Studio Technology
http://www.otcmarkets.com/stock/NTEK/news/Let...91&b=y
reposted because some shareholders may of not seen the shareholders letter.
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