KB,
I think what has changed seems pretty clear to me,
KB,
I think what has changed seems pretty clear to me, they're recognizing exponential growth in the consumer 4K environment. It was a safe move to start with 2 million in a content budget but as we've all seen many companies are ramping up their 4K content delivery systems to try and keep up with demand as we enter into the busiest season of the year.
NTEK has been and continues to be able to quickly adapt with changes/improvements in the tech where it takes other companies much longer to do the same. To adapt and improve takes time and money. As long as the ROI works, I'm okay with it.
Remember our content budget has now been raised 5 fold, nearly the amount of NTEK's entire market cap of 11.2mm.
As for the shl not having more specifics, I think it's an incredibly smart move to speak in general terms until the deals have been finalized. (And by the way, they aren't so vague that you can't figure heads or tails of whats going on or where they're spending their money). Look what happened in the past when NTEK disclosed info prior to deals being finalized, the down right dirty, despicable douchebags tried to destroy the relationships we'd been trying so hard to build.
I'd also like to remind you that while we're NTEK is doing a remarkable job building our brand(UltraFlix) each and everyday so that we realize the multi-billion dollar status most of us expect, we're still only an 11.2 mm dollar pink sheet company. We still must protect our rice bowl and if it means not disclosing all the details then so be it.
Just show me the money!
Atlas1
NTEK...GET SUMMM!!! Fat stacks of mad cheddar, Yo!
Nanotech Entertainment Inc. (NTEK) Stock Research Links
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