I compare NTEK business model to Sirius XM. Severa
Post# of 96879
With the 2008/2009 financial meltdown, Karmazin was faced with a possible bankruptcy in January 2009 with a downward spiral pressure on the share price to .05 With only one day left before the deadline, John Malone owner of Liberty Media stepped in and help bail out Sirius with a 500 million dollar loan for a 40% shareholder.
Today Sirius has approximately 30 Million subscribers with a share price of near $4.00 in only the U.S. and in Canada..... ONLY!!!! NOT GLOBAL !!!!!
And we are talking a radio satellite content business model with a lot of competition
NTEK.... GLOBAL .... THE ONLY 4K CONTENT PROVIDER..... POSSIBLE 100's OF MILLIONS OF PERSCRIBERS !!!!!
YOU FIGURE IT OUT !!!
I feel the added 400 million, will help with there rapidly growing infrastructure and content that will definitely add total value to the all