NTEK made a profit of .0017 last year and with a nominal PE ratio of 10 we should at least be trading at .014, if not for the shorts. NFLX has a PE ratio of 266.06. If we traded at NFLX's PE we would be trading in the neighborhood of $4.50. Based on the SHL, Ultraflix, since the loading of the Paramount films beginning in September, has exceeded their expectations. If numbers show up for the 1st QTR reflecting large viewership, increasing users and good revenue, maybe our PE will stretch a little higher. Then a chase will begin if NTEK closes a few more deals and more platforms are added. Here's hoping.
What is curious to me, and maybe WinstonNC can chime in on this. When NTEK was forecasting this years revenue, what did it include? Was it limited to the Ultraflix film library? or did it include revenue from live events?
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