who cares. if ntek doesn't have a healthy balance sheet (by exploiting the window of opp now), who gives a crap? are those "big institutions" supposed to invest because the books are audited? lmoa, you're joking right
audited books are a waste at this time.they'll only take more time. money. resources away from revenue generating actions (at a time when ntek needs money. time. staff and resources working on ultraflix and uhd/4k products exclusively)
can't have your cake and eat it too
they're still building the platform. creating partnerships. 4k isn't even here (in a big way) yet. the time to get the work done on the product. tech. library. and partnerships. is now
therefore. focusing on audits is a mistake. a distraction. costs - nevermind opportunity costs. far too great. for a start-up? to absorb in this emerging (trill $) ent market
ntek. wisely keeping a laser focus on business. spinning off ntgl was legit. eliminating the burden (on ntek/shareholders to support gaming-labs). keeping ultraflix development resources focused where they need to be
audits will be welcome (by me anyway) sometime in 2016/17. when business. sales. revenues are humming. remember. the beauty of this business? recurring revenues. once the hard work is done. the costs to stream are tiny. the margins great
that's why everyone wants in on the business. the competition will be stiff. ntek needs to carve out a place. there's a ton of work before an audit makes sense
the only division which makes sense to audit now is ntgl. where regulations. industry. business demands it. plus their audit is simple. straightforward.uninvolved. and easy
do you know how laborious. time consuming. costly it can be to audit film properties for example? (what type of film is it? how old? where is the film in the product cycle? what format? did it have a theatrical release? what was paid? how much time is left? what licensing format(s)/rights are included? what is the value of each (licensing right)? ntek now has licensing rights with their content deals. they'll be included in any proper audit
get real (audit talk. at this stage. reveals cluelessness). its amazing how many times it has been discussed. still somehow doesn't sink in - audits would not yield the return you think. and the costs - at this stage of business - might not be recoupable) ntek needs to keep their head down. get the work done
when business is strong. and there is time. money. staff resources. ntek will do the audit (as disclosed to this very board). ntek staff own more shares than anyone. they want their value maximized and leveraged too
not any knock on ntek. just business 101
build the revenue streams first. remember. an audit is for a reason. usually to uplift. which means doing audits every q. attorneys and accounting charges (on the regular). regulatory and filing fees and ongoing costs. the business has to be able to support these costs
think people
in time. audits make sense. just not now
audited books are a waste at this time.they'll only take more time. money. resources away from revenue generating actions (at a time when ntek needs money. time. staff and resources working on ultraflix and uhd/4k products exclusively)
can't have your cake and eat it too
they're still building the platform. creating partnerships. 4k isn't even here (in a big way) yet. the time to get the work done on the product. tech. library. and partnerships. is now
therefore. focusing on audits is a mistake. a distraction. costs - nevermind opportunity costs. far too great. for a start-up? to absorb in this emerging (trill $) ent market
ntek. wisely keeping a laser focus on business. spinning off ntgl was legit. eliminating the burden (on ntek/shareholders to support gaming-labs). keeping ultraflix development resources focused where they need to be
audits will be welcome (by me anyway) sometime in 2016/17. when business. sales. revenues are humming. remember. the beauty of this business? recurring revenues. once the hard work is done. the costs to stream are tiny. the margins great
that's why everyone wants in on the business. the competition will be stiff. ntek needs to carve out a place. there's a ton of work before an audit makes sense
the only division which makes sense to audit now is ntgl. where regulations. industry. business demands it. plus their audit is simple. straightforward.uninvolved. and easy
do you know how laborious. time consuming. costly it can be to audit film properties for example? (what type of film is it? how old? where is the film in the product cycle? what format? did it have a theatrical release? what was paid? how much time is left? what licensing format(s)/rights are included? what is the value of each (licensing right)? ntek now has licensing rights with their content deals. they'll be included in any proper audit
get real (audit talk. at this stage. reveals cluelessness). its amazing how many times it has been discussed. still somehow doesn't sink in - audits would not yield the return you think. and the costs - at this stage of business - might not be recoupable) ntek needs to keep their head down. get the work done
when business is strong. and there is time. money. staff resources. ntek will do the audit (as disclosed to this very board). ntek staff own more shares than anyone. they want their value maximized and leveraged too
not any knock on ntek. just business 101
build the revenue streams first. remember. an audit is for a reason. usually to uplift. which means doing audits every q. attorneys and accounting charges (on the regular). regulatory and filing fees and ongoing costs. the business has to be able to support these costs
think people
in time. audits make sense. just not now
