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Nanotech Entertainment Inc NTEK
Posted On: 07/20/2015 4:05:46 PM
Post# of 96892
Posted By: Big Papa
Re: truthaboutcompanies #24242
Will the PPS move northward after they meet this goal, hmm probably not, unless they announce something spectacular along the way. If they achieve this it gives me more confidence as an investor that they are maintaining the times lines set forth by the CEO. We need a breath of fresh air and for me it starts with completing the promise made to shareholders in the last letter. We all have our own opinions on what the company will do over next couple of years. I tend to focus on the small milestones that builds the future foundation, not the pie in the sky macro goals that are not achievable anytime soon. Could a share buyback be feasible down the road? Yep it could but only after they have enough content to sustain a continued flow of customers and excess revenue. Right now I don't believe were there. People eill check out Ultraflix and see what 4k looks like on their TV. Will they rent a move, sure they will but rental business models are not sustainable and customers will move on when someone offers unlimited content for a monthly fee. . Blockbuster and Hollywood video were great examples of this. We need monthly subscriptions, advertising revenues etc... to achieve their long term plan. So for me it starts with achieving the 100 new movies to get more customers to frequent the site. What happens from there is in NTEK's leaderships hands.













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