That's because this PR has no value. My 5 cents: This

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krid60 Ronwy #1417
That's because this PR has no value.
My 5 cents:
This could be good news if it wasn't from NTEK. For the time being this is just another "coming soon" PR like the dozens we had before that turned out to be lies. So I think it has no value at all until proven true, which I sincerely hope will be.
Remember this one ?
Quote:
However, we are pleased to announce that as of this week UltraFlix is now fully functional for Vizio, Samsung, Sony, Apple OS X, Android, and HiSense. We are also currently in test with other TV manufacturers including the most popular set top box manufacturer.
That's from the July 28 letter to shareholders , a load of crap as it turned out.

UF doesn't seem to be available on all Sony's yet as advertised, according to posts on the AVS forum http://www.avsforum.com/forum/166-lcd-flat-pa...tvs-4.html, but I guess it will be soon.
Quote:
UltraFlix has successfully amassed a vast selection of Hollywood hits from major studios including Paramount, MGM and Warner Brothers, plus award winning documentaries made for IMAX theatres, hot new TV series from A&E Networks and stunning time-lapse motion art from top independent producers from around the globe.

Paramount OK, that is a big deal.
But what MGM titles (2 so far), what WB titles ? They should not mention that.
Hot new TV series from A&E networks ?
Shall I mention again the other done deals, like the Millennium, IFC and Nu Image that were announced as becoming on UF in March, the 80 Inception titles, over 100 Alchemy titles that haven't shown up, 50 Bollywood titles ?
Not the fact that they are not on UF, but the fact that they were announced in PR's as coming to Ultraflix but not showing up has made their PR's loosing any credibility.
As for Samsung (the release of UF on Tizen this week didn't have any positive influence on the SP), it's only the US sets that will have the app available. So the pony talk of "UF Global reach" will somewhat be restricted, not at least because of the lack of any subtitling, even on US content (Godfather f.e.).

Any news about the Royal Capital set up ?
Why is this kept under wraps ?
Any idea on that ?
IR was supposed to "get back to me" regarding this two weeks ago ...
NTEK wants to keep this in the dark. Why ?
What do the ponies say about that ?
Nothing, because it's "off topic" there it seems. It appears that it is not an issue that more than half a billion NTEK shares have been issued to that (David Foley) setup, without any explanation whatsoever from management where OUR f..ing money went.
Nor is it an issue that David Foley, a federal prisoner, has received more of our money by directly receiving many millions more of NTEK shares in September (October/November ??), as employee , for crying out loud.

I just hope that many of those lured into investing in NTEK by the pony board the last months don't get disappointed any time soon, or we may see even cheeper cheapies coming.

What did the good news about UF finally on Samsung and Sony do to the SP this week ?
Zilch, or actually, 1/100 of a cent increase.
So I think NTEK has not much credit left with real investors, except the ponies of course. And it shows in the SP, regrettably.
Any idea from you why the SP is where it is now ?

I just can't believe people on the pony board give (and keep on giving) their money to a company, ignoring all the crap that management spews, ignoring the tanking SP, and keep on believing all is good, not questioning dubious actions by management.
Baseless hope, or just greed ?
I'm still hoping to recover somewhat, but spending more on NTEK ?
Don't think so.
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