you guys said this Ovio guy is legit- do u feel th
Post# of 2009
Posted On: 06/20/2015 6:31:49 PM
you guys said this Ovio guy is legit- do u feel that way now?
Like I told you all, he pumped Ntek a week or so ago, then bashed, now this.
Ovio4K Saturday, 06/20/15 04:11:01 PM
Re: Ranchersw post# 313233
Post # of 313239
As much as I've pounded this company in the past, recent developments have me changing my tune considerably. But to your point - have no fear, conventional wisdom states that the last, massive share increase was to insure that NTEK could maintain control of their company, their valuable assets, their much sought after and vastly superior sub 4Mbit UHD compression, and their dynamic production studio.
I completely agree with this assessment, as NTEK's groundbreaking technology, combined with unprecedented original UHD content and highly-respected management, makes NTEK and it's UF subsidiary a prime target for a buyout.
I'm hearing that everyone from Sony, to Samsung, Netflix and Universal are looking to acquire the company, it's dynamic asset base, and first-in-class management team. But despite the suitors, NTEK management is looking for both the right price as well as the right fit to help grow their company into a worldwide powerhouse.
I'm also very confident that the shareholder meeting was postponed at Apple's request, as the Apple/NTEK talks have been heating up considerably, and both companies want to keep these negotiations as classified as possible.
Further, rumor is that Apple has paid a 25 million dollar "holding fee" to NTEK, which allows Apple to enter into exclusive negotiations for a possible buyout. It's complex, but it's looking like (in addition to cash) Apple is offering five thousand-to-one stock swap, which would effectively afford all NTEK shareholders of record as of July 31, 2015 to be afforded one share of Apple for each 5000 shares of NTEK they own.
Although the NTEK ticker will obvious de-list as a result, it's a huge win for all involved with NTEK, as shareholders can either cash out their APPL shares (currently trading at 126.00) or otherwise become long shareholders of Apple, which will work closely with their newly-acquired NTEK subsidiary to become the world leader in UHD, launch both dedicated new UHD Apple TV boxes, as well as Apple branded TVs and a global subscription "Ultraflix" branded OTT channel intended to squash the likes of Netflix and Amazon.
Further hearing that they are looking to close this agreement by mid-August, with a goal to complete the transaction by the end of October 2015.
Even if the Apple takeover falls through, believe it or not, I'm a buyer of NTEK at any and all levels from now through July. Someone else will step in once the exclusivity window closes and snap this up, and Apple has already "ballparked" the market price.
...IMO
Like I told you all, he pumped Ntek a week or so ago, then bashed, now this.
Ovio4K Saturday, 06/20/15 04:11:01 PM
Re: Ranchersw post# 313233
Post # of 313239
As much as I've pounded this company in the past, recent developments have me changing my tune considerably. But to your point - have no fear, conventional wisdom states that the last, massive share increase was to insure that NTEK could maintain control of their company, their valuable assets, their much sought after and vastly superior sub 4Mbit UHD compression, and their dynamic production studio.
I completely agree with this assessment, as NTEK's groundbreaking technology, combined with unprecedented original UHD content and highly-respected management, makes NTEK and it's UF subsidiary a prime target for a buyout.
I'm hearing that everyone from Sony, to Samsung, Netflix and Universal are looking to acquire the company, it's dynamic asset base, and first-in-class management team. But despite the suitors, NTEK management is looking for both the right price as well as the right fit to help grow their company into a worldwide powerhouse.
I'm also very confident that the shareholder meeting was postponed at Apple's request, as the Apple/NTEK talks have been heating up considerably, and both companies want to keep these negotiations as classified as possible.
Further, rumor is that Apple has paid a 25 million dollar "holding fee" to NTEK, which allows Apple to enter into exclusive negotiations for a possible buyout. It's complex, but it's looking like (in addition to cash) Apple is offering five thousand-to-one stock swap, which would effectively afford all NTEK shareholders of record as of July 31, 2015 to be afforded one share of Apple for each 5000 shares of NTEK they own.
Although the NTEK ticker will obvious de-list as a result, it's a huge win for all involved with NTEK, as shareholders can either cash out their APPL shares (currently trading at 126.00) or otherwise become long shareholders of Apple, which will work closely with their newly-acquired NTEK subsidiary to become the world leader in UHD, launch both dedicated new UHD Apple TV boxes, as well as Apple branded TVs and a global subscription "Ultraflix" branded OTT channel intended to squash the likes of Netflix and Amazon.
Further hearing that they are looking to close this agreement by mid-August, with a goal to complete the transaction by the end of October 2015.
Even if the Apple takeover falls through, believe it or not, I'm a buyer of NTEK at any and all levels from now through July. Someone else will step in once the exclusivity window closes and snap this up, and Apple has already "ballparked" the market price.
...IMO
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