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  4. Nanotech Entertainment Inc. (NTEK) Message Board

The best thing management can do is to succeed wit

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Post# of 96900
Posted On: 04/30/2015 11:07:56 PM
Posted By: Rakestar
Re: dennyd #13571
The best thing management can do is to succeed with the business plan. The company has made tremendous progress and positioned Ultraflix beautifully but the opportunity is not open ended. This summer/fall is the tipping point for 4k and Nanotech must take advantage of its head start and make sure Ultraflix is ready to compete once the market expands and competition heats up. Having limited resources means they've only got one chance to get it right and all resources must go to this end. If they succeed the pps will correct. They are also fully aware of the cesspool that is the OTC and CEO Peter Riordin emphasized how important it was to complete audits and uplist.

That Forbes article is very telling. Only two companies were discussed re content, Netflix and Ultraflix. Anyone questioning why the increase in AS and why the dillution need look no further than the line about Ultraflix not just want g to be a purveyor of "niche" content. They are clearly aiming to compete with the biggest companies in the market. This takes a lot of capital and a major investment which means bigger risk but the rewards could be ridiculous. Obviously these companies see an advantage with Nanotechs tech and tremendous potential. The fact that Paramount gave exclusive 4k rights to this relatively unknown company to stream their mega hit Interstellar speaks volumes. They must see Ultraflix as a big time player with the ability to provide significant returns. Why would they dink and dunk with the biggest hit of the year and a movie that has already grossed 670 million???


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