Bingo!!!, Puncher! NTEK is the new kid on the
Post# of 96879
NTEK is the new kid on the block so to speak but they are also the 4K king of the hill. That doesn't sit well with some of the other established players who have deeper pockets. Whether or not NTEK's market cap is comparable to any other streaming service doesn't matter. If you're an owner of that other streaming service they simply don't want the competition and if they think they can kill it, they will try.
I've been an owner for quite some time now and have witnessed the incessant vitriolic venom aimed at NTEK increase 10 fold. Ok, maybe at .17 cents one may have had a valuation argument or even at .10 or .12 cents. NTEK had really only promised to deliver at that point. So, okay, it's an OTC stock, I expected there to be some shorting going on. Then as we've moved forward, NTEK delivered the NP1, the first secure, 4K streaming OTT box that could deliver at a bit rate as low as 6 mbps AND work on ANY manufacturers 4K television. No one else did it or even could do it for that matter, but NTEK could and they did. The best some of these mega electronics manufacturers could do was try to sell an OTT 4K box with a few preloaded movies and the ability to download (NOT STREAM) additional content which is a mega lengthy process. Did I say CONTENT? Whatch you talkin' 'bout Willis? We ain't got no CONTENT! We just got a shiny new box to sell.
.....but I digress.
So anyway, plan on downloading for hours in advance if you want to watch a movie later that night. But wait, there's more.... you have the proprietary hardware / software problem where your shiny new $800 OTT 4K box would only work on the same brand name tvs and then only on certain models. It was a complete disaster and a costly one at that for the large electronic manufacturers who were in a rush to get their shiny little box to market first. Anyone buy one of those preloaded OTT download boxes? Bueller, Bueller.....Anyone? <<<crickets>>> Yeeaahhh, didn't think so. There's a nice hefty chunk of R&D investment down the proverbial toilet for ya.
So as the industry ramped up production of smart 4k sets, NTEK, the indisputable leader in streaming 4K not only recognized the changing environment but also quickly and skillfully adapted to it. Their once longer term goal of integrating an app for smart 4K panels was quickly fast tracked because the price of smart 4K panels began to fall precipitously. Thus, making it affordable to a much larger percentage of new tv consumers. Ka-frickin' boom! Once again NTEK first to innovate and now first to recognize the opportunity and seize the moment with it's flagship product, the Ultraflix app that is on virtually all major tv manufacturers tvs. NTEK is like a speed boat able turn quickly while these much larger companies are more like a barge, that are much slower to turn. Or better yet, like the federal government...need I say more? There's tremendous value in being able to recognize opportunity, adapt quickly and seamlessly to capture it.
So, take the pps out of the equation for a moment and consider what NTEK has going for it. Think about it, they've got the best delivery systems of secure 4K content but not only that, NTEK's remastered 4K is superior in overall quality compared to anyone elses. (Do you want a filet or pot roast? Both are good but I for one want the filet). They've got some of the finest creative minds/talent in this industry who have proven themselves time and time again with other multi-billion dollar companies. Their revenue this year will far exceed the current pps and may even triple it. God knows if Riordon hits a homerun during the conference call, all bets are off, people will be a chasin' our little ole speed boat! We'll see.
Atlas1
NTEK...GETCHA SUMMM!!!