NTEK Update- Bright Future Ahead July 11, 2015>
Post# of 96879
Posted On: 07/10/2015 10:29:42 PM
NTEK Update- Bright Future Ahead July 11, 2015>
Investor Relations Update> OmniVance Advisors Investor Communications
I want to put out an update on NanoTech Entertainment to keep everyone as informed as they can be in the interim of the major pending announcements. This is my opinion of the company’s direction and outline of what I expect to happen. A lot of this has been outlined and I won’t touch on everything, but helps to refresh the current developments.
Yes, the company is still in the process of the raising funds in order to secure technology, employee obligations, and content. This will allow the company to bridge the gap to becoming cash flow positive and I see this happening in the beginning of the 4th quarter. Insiders have even given up their shares in order to fund the company, showing their confidence in the future success and the necessity of executing this as soon as possible. With the pressure of the funding being alleviated soon it should be safe to assume the pps will begin to rise again. We will see announcements in the next coming weeks that will show substantial progress and continue to release PRs from there.
We will be on all major TV manufacturers and further relationships will be established. Major set top boxes will be rolled out with UltraFlix featured. UltraFlix subscribers have been growing every day and the number will begin to increase exponentially here as UltraFlix becomes more widespread. In a sense, with the limited amount of 4K content, customers will be forced to at the very least to try out UltraFlix. We are not here to compete with Netflix’s business model, which is not the right approach. Consumers will use both just as customers use different networks and streaming services. Netflix primarily has content over a year old and with their subscription service around $8 they cannot put as much effort into 4K. The company’s proposition value sets itself a part with pristine 4K content and the ability to stream at low bandwidths. Does anyone know who is streaming 4K content lower than 4mbs?
We are awaiting major studio announcements and the current secured content is being added rapidly. We are still on track to hit our uploaded movie count by the date outlined, with much more “A- list” content to come.
I understand that everyone has been patient and is looking forward to seeing these developments come to fruition. Your concerns have not gone unnoticed and we value your feedback. What I am asking for is that everyone hold on through these tough times and the direction will continue to become clearer. The company has multiple opportunities in front of them will become a major player in the industry. I want to thank all the staff that is working on making this company a success. There is an uncommon personal and financial sacrifice that is being exhibited every day. Just think to be listed among other huge companies says a lot for the reputation being built along with brand recognition. The influx of 4K TVs into the market this year will provide UltraFlix the visibility and adoption we are all looking for.
OmniVance Advisors is an independent investor relations firm that provides information on selected publicly traded companies. OmniVance Advisors is not a registered investment advisor or broker dealer. OmniVance Advisors’ officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own due diligence before investing in any of the stocks mentioned above.
Tags: #nanotechentertainment, NTEK, ntek investors
http://omnivanceadvisors.com/news-feed/
Investor Relations Update> OmniVance Advisors Investor Communications
I want to put out an update on NanoTech Entertainment to keep everyone as informed as they can be in the interim of the major pending announcements. This is my opinion of the company’s direction and outline of what I expect to happen. A lot of this has been outlined and I won’t touch on everything, but helps to refresh the current developments.
Yes, the company is still in the process of the raising funds in order to secure technology, employee obligations, and content. This will allow the company to bridge the gap to becoming cash flow positive and I see this happening in the beginning of the 4th quarter. Insiders have even given up their shares in order to fund the company, showing their confidence in the future success and the necessity of executing this as soon as possible. With the pressure of the funding being alleviated soon it should be safe to assume the pps will begin to rise again. We will see announcements in the next coming weeks that will show substantial progress and continue to release PRs from there.
We will be on all major TV manufacturers and further relationships will be established. Major set top boxes will be rolled out with UltraFlix featured. UltraFlix subscribers have been growing every day and the number will begin to increase exponentially here as UltraFlix becomes more widespread. In a sense, with the limited amount of 4K content, customers will be forced to at the very least to try out UltraFlix. We are not here to compete with Netflix’s business model, which is not the right approach. Consumers will use both just as customers use different networks and streaming services. Netflix primarily has content over a year old and with their subscription service around $8 they cannot put as much effort into 4K. The company’s proposition value sets itself a part with pristine 4K content and the ability to stream at low bandwidths. Does anyone know who is streaming 4K content lower than 4mbs?
We are awaiting major studio announcements and the current secured content is being added rapidly. We are still on track to hit our uploaded movie count by the date outlined, with much more “A- list” content to come.
I understand that everyone has been patient and is looking forward to seeing these developments come to fruition. Your concerns have not gone unnoticed and we value your feedback. What I am asking for is that everyone hold on through these tough times and the direction will continue to become clearer. The company has multiple opportunities in front of them will become a major player in the industry. I want to thank all the staff that is working on making this company a success. There is an uncommon personal and financial sacrifice that is being exhibited every day. Just think to be listed among other huge companies says a lot for the reputation being built along with brand recognition. The influx of 4K TVs into the market this year will provide UltraFlix the visibility and adoption we are all looking for.
OmniVance Advisors is an independent investor relations firm that provides information on selected publicly traded companies. OmniVance Advisors is not a registered investment advisor or broker dealer. OmniVance Advisors’ officers, directors and employees may buy and sell additional shares in any company mentioned herein and may profit in the event those shares rise in value. Please do your own due diligence before investing in any of the stocks mentioned above.
Tags: #nanotechentertainment, NTEK, ntek investors
http://omnivanceadvisors.com/news-feed/
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