A quote from Dave Foley tonight...
From the other board before it was deleted there...
Post # of 202839
This evaluation is so full of holes it must be made of swiss cheese
Quote:
(pre-reverse split)
There is no reverse split that has been announced or filed.
Quote:
NTEK has toxic convertible notes sitting out there that will need to be converted and dilute the p*ss out of the OS.
more misinformation. NTEK currently has no convertible notes with any company or investor outstanding. A quick look at the most recent financials shows that they were all eliminated some time ago.
Quote:
Lotus Capital will wind up making a bundle.
Lotus Capital holds no note with NTEK, nor does any other company or investor.
Quote:
financials that don't add up ($5.1M in untraceable source revenue
The filings since the company the merger in 2009 clearly show many sources of revenue including several gaming products, several media channels that have been developed both for in house publication and third party clients, several technologies that have been licensed to third parties with recurring income, the most popular 4K UHD media player the NP-H1 used by a variety of notable companies including multiple display manufacturers.
Quote:
claimed but only $34,000 in the bank)
Anyone with a basic understanding of a balance sheet and income statement understands that cash on hand is unrelated to revenue. Not to mention the large amount of inventory on hand which shows where the money was spent last quarter.
Quote:
, selling convertible notes
NTEK hasn't been selling convertible notes
Quote:
claiming "partnerships" on its website with non-entities like the HDMI
In order to use HDMI and HDCP you must join the organizations as an adopter and you must past certification. NTEK has done both.
Quote:
claim partnerships with NTEK on their websites
A Small Amount of DD shows both
HDMI Confirmation 304489 (done through Foxconn)
HDCP Adopter notification on the DCP website http://www.digital-cp.com/about_dcp/list/hdcp...ters" rel="nofollow" target="_blank" >http://www.digital-cp.com/about_dcp/list/hdcp_licensed_adopters
Quote:
paying $16,400 a month rent to a family member
again, review of the past two quarters shows this lease ended and was not renewed.
Quote:
paid stock promotions
NTEK has never paid for a promotion.
You are free to have your opinion about the company, and the quality of its products. You are free to have your speculation about what the stock is worth. As for the rest, facts outweigh misinformation.
From the other board before it was deleted there...
Post # of 202839
This evaluation is so full of holes it must be made of swiss cheese
Quote:
(pre-reverse split)
There is no reverse split that has been announced or filed.
Quote:
NTEK has toxic convertible notes sitting out there that will need to be converted and dilute the p*ss out of the OS.
more misinformation. NTEK currently has no convertible notes with any company or investor outstanding. A quick look at the most recent financials shows that they were all eliminated some time ago.
Quote:
Lotus Capital will wind up making a bundle.
Lotus Capital holds no note with NTEK, nor does any other company or investor.
Quote:
financials that don't add up ($5.1M in untraceable source revenue
The filings since the company the merger in 2009 clearly show many sources of revenue including several gaming products, several media channels that have been developed both for in house publication and third party clients, several technologies that have been licensed to third parties with recurring income, the most popular 4K UHD media player the NP-H1 used by a variety of notable companies including multiple display manufacturers.
Quote:
claimed but only $34,000 in the bank)
Anyone with a basic understanding of a balance sheet and income statement understands that cash on hand is unrelated to revenue. Not to mention the large amount of inventory on hand which shows where the money was spent last quarter.
Quote:
, selling convertible notes
NTEK hasn't been selling convertible notes
Quote:
claiming "partnerships" on its website with non-entities like the HDMI
In order to use HDMI and HDCP you must join the organizations as an adopter and you must past certification. NTEK has done both.
Quote:
claim partnerships with NTEK on their websites
A Small Amount of DD shows both
HDMI Confirmation 304489 (done through Foxconn)
HDCP Adopter notification on the DCP website http://www.digital-cp.com/about_dcp/list/hdcp...ters" rel="nofollow" target="_blank" >http://www.digital-cp.com/about_dcp/list/hdcp_licensed_adopters
Quote:
paying $16,400 a month rent to a family member
again, review of the past two quarters shows this lease ended and was not renewed.
Quote:
paid stock promotions
NTEK has never paid for a promotion.
You are free to have your opinion about the company, and the quality of its products. You are free to have your speculation about what the stock is worth. As for the rest, facts outweigh misinformation.
