Posted On: 07/11/2015 3:37:32 AM
Post# of 2009
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So, what have we got this week ?
30 mln more "cheapies".
Yesterday another (this time failed attempt) for a painted green EOD, and from IR an "awesome update" like someone on the pony board wrote.
I don't find it awesome at all. First, he re-re-confirms what he expects will be coming, but then this:
This is disturbing to me. Not only do they need to dump additional shares to fund the company, but now also the shares they gave to insiders ?
Are they making any revenue at all ?
http://omnivanceadvisors.com/2015/07/11/ntek-...ure-ahead/
Then content: this week 5 titles, not a single A-list. Two of them Bolywood flicks, of which one seems to be total crap, then "Ty Barnett: Issues", "Boy Wonder" from Inception Media, and another low budget crap movie yesterday "95ers: Time Runners".
Yet again, nothing from the "coming soon listing" or other promised content, but more B- and C-stuff.
So, up to now, 10 delivered (of a questionable quaility), 90 more to go in two weeks.
And as far as the PPS is concerned, someone on the pony board cheered for having a "green week". Really ?
We lost close to 50% in less than six weeks, and are back at levels of two years ago.
That's bare facts.
What is there to cheer ?
Anybody any good news ?
30 mln more "cheapies".
Yesterday another (this time failed attempt) for a painted green EOD, and from IR an "awesome update" like someone on the pony board wrote.
I don't find it awesome at all. First, he re-re-confirms what he expects will be coming, but then this:
Quote:
Yes, the company is still in the process of the raising funds in order to secure technology, employee obligations, and content. This will allow the company to bridge the gap to becoming cash flow positive and I see this happening in the beginning of the 4th quarter. Insiders have even given up their shares in order to fund the company, showing their confidence in the future success and the necessity of executing this as soon as possible.
This is disturbing to me. Not only do they need to dump additional shares to fund the company, but now also the shares they gave to insiders ?
Are they making any revenue at all ?
http://omnivanceadvisors.com/2015/07/11/ntek-...ure-ahead/
Then content: this week 5 titles, not a single A-list. Two of them Bolywood flicks, of which one seems to be total crap, then "Ty Barnett: Issues", "Boy Wonder" from Inception Media, and another low budget crap movie yesterday "95ers: Time Runners".
Yet again, nothing from the "coming soon listing" or other promised content, but more B- and C-stuff.
So, up to now, 10 delivered (of a questionable quaility), 90 more to go in two weeks.
And as far as the PPS is concerned, someone on the pony board cheered for having a "green week". Really ?
We lost close to 50% in less than six weeks, and are back at levels of two years ago.
That's bare facts.
What is there to cheer ?
Anybody any good news ?
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