From FB: NTEK FAQ 1. The issue with Longside V
Post# of 2009
Posted On: 12/23/2015 1:45:21 AM
From FB:
Not really answers, are they.
"Yes, the NTGL audits have taken longer than expected and are underway and working to complete as soon as possible."
We already knew that. "Soon", that too. But why ?
"NTEK audits are still un-resolved, however moving forward this will be one of Jeff Foley’s primary focusses."
We already knew that. But why the delay ?
Jeff the new CEO ?
Financing: "The company cannot go in to detail about the developments around this and what is being discussed as this is not public information."
Royal Capital was disclosed as a recipient of a massive amount of shares in the last Yearly. So this is public information, no ?
"There has also been clarification requested on the 1,000% subscriber growth. This was meant to provide insight to the daily signups increasing by that amount. For example 10 users a day to 100 user per day."
What is it, signups, or users ?
Quote:
NTEK FAQ
1. The issue with Longside Ventures has been resolved and the K2 complaint is being resolved as well with no effect on the future progress of the company.
2. Yes, the NTGL audits have taken longer than expected and are underway and working to complete as soon as possible.
3. NTEK audits are still un-resolved, however moving forward this will be one of Jeff Foley’s primary focusses.
4. I have received questions regarding financing and other financing options. The company is always looking for the best possible funding options. The company cannot go in to detail about the developments around this and what is being discussed as this is not public information. They will make this available once it is public information and let the shareholders know.
5. There has also been clarification requested on the 1,000% subscriber growth. This was meant to provide insight to the daily signups increasing by that amount. For example 10 users a day to 100 user per day. Again we are not putting out the subscriber numbers just yet.
6. The live streaming is being tested and will have updates on this as it progresses. This is not a trivial task and the company is seeing tremendous results.
There has been a huge amount of progress with UltraFlix and is getting more and more visibility. The holiday promotion is being received very well and are looking forward to what the holiday season brings. The other platforms will continue to be released. Please continue to send in your questions to Dan@ntek.com and will get back to you. We appreciate your patience during these busy times. Stay tuned for more updates.
Not really answers, are they.
"Yes, the NTGL audits have taken longer than expected and are underway and working to complete as soon as possible."
We already knew that. "Soon", that too. But why ?
"NTEK audits are still un-resolved, however moving forward this will be one of Jeff Foley’s primary focusses."
We already knew that. But why the delay ?
Jeff the new CEO ?
Financing: "The company cannot go in to detail about the developments around this and what is being discussed as this is not public information."
Royal Capital was disclosed as a recipient of a massive amount of shares in the last Yearly. So this is public information, no ?
"There has also been clarification requested on the 1,000% subscriber growth. This was meant to provide insight to the daily signups increasing by that amount. For example 10 users a day to 100 user per day."
What is it, signups, or users ?
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