Hello fellow longs. Today I went on a fact-finding mission to the 4K Studios on Lexington Ave. in Hollywood, along with fellow long Taber. Our intentions were to simply find out actual and verifiable information to help us all better understand what is going on with our investment. No pictures were allowed to be taken.
SonicPool is a fairly large and busy post production office in the heart of Hollywood. 4K Studios works in a small office space in the SonicPool building. Upon our arrival and introduction as shareholders in NTEK we waited 20 minutes before being escorted back to the 4K Studios office. We guessed that time was to allow them to put away anything they did not want revealed and also give them a chance to call and speak with corporate to notify them of our unannounced arrival. As soon as we sat down with Stephanie corporate called to remind her of a few more things, undoubtedly coaching her to be careful with the information she revealed to us.
We were told by the lone 4K Studios employee that the 4K Studios "team" consists of three people in three separate locations. Omar (headed by Alex) in San Francisco, Stephanie in Hollywood and Harmy in Prague, Czechoslovakia.
The Hollywood location has one scanner. We were told by Stephanie that the scanner she has was sent down to her from San Francisco and that San Francisco now only has one scanner. There were two workstations in Stephanie's office, obviously one for herself, but we could not confirm if the other station was being used and by whom. Stephanie did mention that SonicPool does some post production work for 4K Studios.
She was very guarded about the information she gave out to us but she did help us understand how the process works and about how long it takes using the one scanner. Older films that are a little damaged take up to a month for scanning and remastering. Older films that are not damaged, the scans and remastering take 1-2 weeks and and then are sent to post production for further processing. New A-list films (e.g. Interstellar, GI Joe) take less than one week and sometimes are sent straight to post production. Interstellar was a great example of a 4K-ready film and Stephanie stated that she didn't even have to work on it (actually wasn't allowed to) and that it went straight to the uploading process.
She mentioned that each film or project that she works on is wholly contained in 6 to 8 reels of film. In her office we counted a total of approximately 50 reels. We guessed that this was the work in process. At 6-8 reels per film, we guessed her future work was approx. seven films and that was work to keep her busy for at least a couple of months.
All of the encoding and uploading is processed by a few employees out of the
Bridgewater office. None of the encoding or uploading is done out of 4K Studios. Stephanie did state that Nanotech/Ultraflix has the capabilities of uploading in mass from the server to the shell that shows a user what is available to them. She intimated that there was indeed additional content on the server, ready for uploading, but she was not allowed to say how many and how many would be uploaded to UF and when.
Some of you had questions regarding possible future applications, future content, uploading plans, etc. Stephanie was not privy to this information and could not comment on it.
A final word about Benny Blankenship. It has been reported that he has recently visited the Hollywood office and that he was going to post information about his visit however Stephanie confirms he has never been there, she does not know him, she has never seen him, she has only exchanged emails with him.
SonicPool is a fairly large and busy post production office in the heart of Hollywood. 4K Studios works in a small office space in the SonicPool building. Upon our arrival and introduction as shareholders in NTEK we waited 20 minutes before being escorted back to the 4K Studios office. We guessed that time was to allow them to put away anything they did not want revealed and also give them a chance to call and speak with corporate to notify them of our unannounced arrival. As soon as we sat down with Stephanie corporate called to remind her of a few more things, undoubtedly coaching her to be careful with the information she revealed to us.
We were told by the lone 4K Studios employee that the 4K Studios "team" consists of three people in three separate locations. Omar (headed by Alex) in San Francisco, Stephanie in Hollywood and Harmy in Prague, Czechoslovakia.
The Hollywood location has one scanner. We were told by Stephanie that the scanner she has was sent down to her from San Francisco and that San Francisco now only has one scanner. There were two workstations in Stephanie's office, obviously one for herself, but we could not confirm if the other station was being used and by whom. Stephanie did mention that SonicPool does some post production work for 4K Studios.
She was very guarded about the information she gave out to us but she did help us understand how the process works and about how long it takes using the one scanner. Older films that are a little damaged take up to a month for scanning and remastering. Older films that are not damaged, the scans and remastering take 1-2 weeks and and then are sent to post production for further processing. New A-list films (e.g. Interstellar, GI Joe) take less than one week and sometimes are sent straight to post production. Interstellar was a great example of a 4K-ready film and Stephanie stated that she didn't even have to work on it (actually wasn't allowed to) and that it went straight to the uploading process.
She mentioned that each film or project that she works on is wholly contained in 6 to 8 reels of film. In her office we counted a total of approximately 50 reels. We guessed that this was the work in process. At 6-8 reels per film, we guessed her future work was approx. seven films and that was work to keep her busy for at least a couple of months.
All of the encoding and uploading is processed by a few employees out of the
Bridgewater office. None of the encoding or uploading is done out of 4K Studios. Stephanie did state that Nanotech/Ultraflix has the capabilities of uploading in mass from the server to the shell that shows a user what is available to them. She intimated that there was indeed additional content on the server, ready for uploading, but she was not allowed to say how many and how many would be uploaded to UF and when.
Some of you had questions regarding possible future applications, future content, uploading plans, etc. Stephanie was not privy to this information and could not comment on it.
A final word about Benny Blankenship. It has been reported that he has recently visited the Hollywood office and that he was going to post information about his visit however Stephanie confirms he has never been there, she does not know him, she has never seen him, she has only exchanged emails with him.
