Ultraflix is a Sony target for a few reasons 1.
Post# of 96879
1. As I am sure you know this is the time with the most Mergers and buyouts, for a reason!
2. Ntek's extremely low Market cap (whether it is accurate or (I believe it is all manipulation)
3. Sony is in the same business as Ultraflix (there has been some reports that they may have worked on some stuff, obviously I do not have insider info) But read below from a reliable source!
4. Remember that Ultraflix has a library and content, it is not what is Ultraflix worth that is important! It is what value does Sony think Ultraflix has, either as technology that they could use to make money, OR HOW MUCH WOULD THEY PAY TO JUST NOT HAVE TO COMPETE AGAINST THEM! YOU SEE SONY MAY THINK THAT ULTRAFLIX is going to cut into a PERCENTAGE OF THEIR BUSINESS!
The current marketplace and world, has turned into, if you have cashflow, buy as many smaller companies as you can, that have value or could end up costing you profit!
"
Quote:
Standing only a few feet away, I overheard discussion about
UltraFlix being an app on the new 2014 Sony 4k Smart TVs!
New NTEK-hire for UltraFlix porting on to other TV's, devices, 4K Panels,
etc., (NOTE: Requires a CAREFUL READ to see that Cable TV & other 4K
Panels must have ALREADY SIGNED!!! NTEK would NOT go through the
expense, cost, etc., for this NEW HIRE unless they ALREADY had the
business in hand - imv)
DIRECTLY FROM THE ANNOUNCEMENT:
NanoTech Appoints Blake Brown Lead Technical Developer for
its Global Media Business
Award-winning, Multiple Video-related Patent Holder to Focus on
Porting UltraFlix 4K OTT Video Service to Major 4K TV Brands and
Upcoming 4K Smartphones in Addition to Providing Nuvola 4K OTT
Streaming Media Player Support for Cable TV Companies
http://tinyurl.com/kly6zgg
(a CAREFUL read/review of what they are saying!) big smile
1) Porting 4K OTT to Major 4K TV Brands
2) & Upcoming 4K Smartphones
3) Nuvola 4K OTT Media Player Support for Cable TV Companies
You don't hire an experienced tech-specialist like Blake Brown
UNLESS you ALREADY HAVE this business in hand imho. "