Posted On: 10/01/2015 3:08:54 PM
Post# of 96869
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Al Stone at SHM meeting mentioned there have been several buyout inquiries that they chose no interest in pursuing because their main focus and goal is to grow the company and its financials. He did elude to Samsung and two others one from Canada and the other from China as well as some other undisclosed inquiries. There have been no serious sit down talks regarding the subject only if there was an interest on Ntek's behalf which there was not. I got the impression that Ntek's people are highly dedicated and excited to come to work and that the world is coming to them and they are very busy. Money is important but it is not solely driving this team. It's like NASA engineers trying to get a space shuttle to the moon. That's what the mind set of these guys trying to get NTEK to the upcoming 4K launch pad. These guys are pretty sharp and they know what they are doing that's why manufactures come to them to work out the encoding problems.
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