Bam, another AS increase. While the last one was 33%, the new one adds another 40% more shares. Now we are at almost double the number of shares from six months ago.
This second AS increase confirms to me that their business plan is not working the way they projected it, and that expectations were too high.
I guess it's not an easy matter to predict how quick new entertainment technology picks up. And they seem to have misjudged it.
Those numbers from the last quarter, that some on the pony claimed to be very good don't seem to make it. After all, sales increased little more than 10%.
I believe revenue from Ultraflix is way below expectation, add to this the NP-1 debacle, and you need more cash to keep the thing running.
A lot of "agreements" and "coming soon"-teasers, but content is only added drop by drop. In my view, the "signatures missing" is only the official reason. The real reason may be that the dough is missing to get these signatures. Hence another AS increase.
I really hope they have an "interstellar" quarter now.
But I guess some on the pony board will see this as an opportunity of a liftetime to get summmmm more NTEK shares, them cheapy ones.
Hell, even Meow could get back in an make good some of his loss, provided the SP will recover.
This second AS increase confirms to me that their business plan is not working the way they projected it, and that expectations were too high.
I guess it's not an easy matter to predict how quick new entertainment technology picks up. And they seem to have misjudged it.
Those numbers from the last quarter, that some on the pony claimed to be very good don't seem to make it. After all, sales increased little more than 10%.
I believe revenue from Ultraflix is way below expectation, add to this the NP-1 debacle, and you need more cash to keep the thing running.
A lot of "agreements" and "coming soon"-teasers, but content is only added drop by drop. In my view, the "signatures missing" is only the official reason. The real reason may be that the dough is missing to get these signatures. Hence another AS increase.
I really hope they have an "interstellar" quarter now.
But I guess some on the pony board will see this as an opportunity of a liftetime to get summmmm more NTEK shares, them cheapy ones.
Hell, even Meow could get back in an make good some of his loss, provided the SP will recover.
