Bob: Companies go public so they can raise capita

Bob: Companies go public so they can raise capital to expend the business by selling stock. If the company had not been attacked by naked shorts it is likely that the outstanding would be half or less than haf of what it now is. The company didn't intend to sell shares but the shorts by flooding the market with shares drove down the price. The company needed x number of dollars and to get them sold shares. The good news is they often are able to bankrupt companies and in those cases have tax free gains. That is not going to happen here because with the backing of the giants of the industry UltraFlix has too much value. Worst case imho we get bought out which I hope doesn't happen.
Best case imho UltraFlix is spun off and NTEK continues to hold a position and we in addition to our NTEK shares now also hold shares in UltraFlix. The company continues to move forward and the technology is the key. Notice how the share price is no longer going down rather it is being held in a trading range That is telling imho. Looking forward to audited NTGL financials and the spinoff NTGL shares which should be interesting as the short interest as of 2/6/15 will be exposed to our brokerage firms who by rule are supposed to buyiin if they are short and short they are imho. Go NTGL!!!