Peeps want everything yesterday and news released
Post# of 96879
Actually, I'm quite pleased with the progress the company has made in JUST the last 4 months ... Substantial Content Growth!! ... For crying out loud, it's ONLY been 4 months time since they started loading the Paramount Films on UltraFlix ... the doubling of the User base is spectacular in that amount of time !! ... Several new Platforms added in just the last 2 months !!
Bottom line ... Revenues continue to increase at record breaking rates ... and looks like this will be a busy quarter for the company ...
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Some of the short term goals include:
- Working with financial consultants to define and implement a recapitalization plan that will substantially reduce debt early in 2016.
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6. Regarding dilution and funding
As revenues continue to increase and users continue to increase at record breaking rates we will be able to utilize that increased income stream to invest in the future. We are also looking at other sources of funding and other ways to reduce our debt.
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Major studio deals are expected to close in Q1 2016.
NanoTech has many brilliant people working there and the company is definitely growing.
I'm really looking forward to LIVE 4K events on UltraFlix !!!
NTEK