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  4. Shub's Shack Message Board

According to ponies, the app is supposedly on Sams

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Post# of 2009
Posted On: 11/12/2015 9:42:49 AM
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Posted By: Shub
According to ponies, the app is supposedly on Samsung now. Who knows if this will be a good thing or not? To be honest, as I am thinking about this, I was totally on board with these guys for the gaming side and the NP-1 side of NTEK, because I saw some real profit potential in both the game market and also as competition for Roku, and supposedly they were buying back shares at the time, making any investment I made worth more as shares were reduced. After I put in everything I could with these guys, they completely changed what they were focusing on. Yes I remember from the start they said that the main profit would come from subscriptions, but that was in addition to hardware sales. Now it's purely focused on subscriptions and I'm dubious about this pay model. It might work...I hope it works. But they are doing things that make me nervous about the money I have invested with them, and they are/have been horrible with communicating to us what is happening, and utterly miserable at deploying this product on a decent timeline. Additionally, they have done the polar opposite and taken my investment and made it worth less and less by constantly throwing in more shares rather than buying any back. This is NOT the company I originally invested in at all.

Also, I'm sick to death about hearing how this holiday season is going to be the big one, again. Maybe it is...I hope it is...but I also hope to win the lottery when I buy a ticket. That hope tends to have worked out the same with both the lottery and NTEK. They haven't made a holiday season useful for any of its investors yet. Maybe this one will be different, but I'm not holding my breath.


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