Fully Agree, we still do not have the full picture
Post# of 96879
Just this info.... if like most company when offering a special promotion tries to capture at least 60% and above their targeted goal....we're still in the dark as to how well the campaign truly was...
Extrapolating the numbers at 60%
we can see the significance of where we should be in comparsion to similar streaming services as Netflix...
over 100,000 new users in Q4 ‘15 alone.
That's a rate of 1100 NEW UltraFlix users per day.
record breaking, exponential growth, 100,000 new users
These are Actual, Real Numbers ... They have been provided by the company ...
> 144,949 validated UltraFlix users as of August 22, 2015 = Real Numbers ...
> 100,000 new users in Q4 ‘15 alone" = Real Numbers ...
if currently no other Sub have been added (highly Unlikely rate would be zero from a rate of 1100 NEW UltraFlix users per day )
assuming Ntek has 244,949 as base...Average using the numbers provided By Ntek at Shareholder's meeting 1 movie rented @$5 Revenue per month would NOW = $1,224,745.00
The Big Question is How many signed up for the Offers?
using law of averages the 3 sets of offers = $58.33
The next big unknown how many of the 244,949 base sub members took advantage of it?
assuming 10% did = 24,494 x $58.33= 1,428,735
if 25% did 61,237=3,571,954
What the Kicker in all this in comparing similar services as Netflix @ $7.99 it would take 447,053 members for Netflix to generate cash that 244,949 subs did for ultraflix..
For Netflix to gain 447,053 in this market every analyst agrees that's far fetched..
So Those Who KNOWS what 2016 will do for NTEK understands when the market will value this Gem What'll happen.
60 % gives us
146,968 signed up at the average $58.33...
which would equate to $8,572,672.00
Netflix would have to compete with 1,072,925 subscribers to make that kind of money ...
IMO we made the 1 million mark EOY (using the comp figures against Netflix)...
we just need transparency now...