Posted On: 08/10/2015 7:31:24 PM
Post# of 96892
Ifpa imo that's incorrect here's why. First the company just
said in the last SHL they don't see a need for another A/S
raise.
The reason is because with the last A/S raise they have
secured the content deal for those 500 coming A-LIST films
to be announced soon.
Couple that with their projection of UF making it
to 1,00,000 users by Q2 2016 and NTEK will be hugely
profitable by that point and will be able to secure future
CONTENT deals with ongoing cash flow.
So yes, we will be competing quite well with the
BIG BOYS in the 4K arena.
Even more I'm expecting a HUGE NTEK/SONY
partnership to be announced soon after UF is up
on the SONY TVs....
said in the last SHL they don't see a need for another A/S
raise.
The reason is because with the last A/S raise they have
secured the content deal for those 500 coming A-LIST films
to be announced soon.
Couple that with their projection of UF making it
to 1,00,000 users by Q2 2016 and NTEK will be hugely
profitable by that point and will be able to secure future
CONTENT deals with ongoing cash flow.
So yes, we will be competing quite well with the
BIG BOYS in the 4K arena.
Even more I'm expecting a HUGE NTEK/SONY
partnership to be announced soon after UF is up
on the SONY TVs....
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