NTEK .065X.068 Something appears to be going on. A
Post# of 96879
Posted On: 10/17/2014 3:00:22 PM
NTEK .065X.068 Something appears to be going on. All of a sudden
the sellers have disappeared and NTEK is melting up on quiet buying.
Earlier there was 750,000 shrs @ .062 bid support.
I must say I really liked the HBO streaming news this week.
What a validation of the NTEK business model to see the
big boys now wanting to come to our space ! Very realistic NTEK
could even partner with HBO for new 4K content.
Also I finally found out what happened in the June Qtr to cause
the revenue shortfall and it was not a loss of any base revenue
sources. They had deals with South America that qtr but because
of the NP-1 delay they couldn't be fulfilled. I've been assured those
revenues will be made up in future qtrs however. So I'm still
cautiously optimistic NTEK can make their $33,000,000
projection for this year with a BIG 4th qtr..
the sellers have disappeared and NTEK is melting up on quiet buying.
Earlier there was 750,000 shrs @ .062 bid support.
I must say I really liked the HBO streaming news this week.
What a validation of the NTEK business model to see the
big boys now wanting to come to our space ! Very realistic NTEK
could even partner with HBO for new 4K content.
Also I finally found out what happened in the June Qtr to cause
the revenue shortfall and it was not a loss of any base revenue
sources. They had deals with South America that qtr but because
of the NP-1 delay they couldn't be fulfilled. I've been assured those
revenues will be made up in future qtrs however. So I'm still
cautiously optimistic NTEK can make their $33,000,000
projection for this year with a BIG 4th qtr..
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