My experience with a prior small company that did one Private Placement after another for years...
Was that I was glad they did it.
The alternative was to be bought out early before the company was fully fleshed out.
1. Technically, an RS is a nothing transaction. Same percentages.
2. If the RS is announced at the same time as new Platforms (Hisense and Apple have never been announced) and the same time as new content is made available (Disney), we will look strong not weak. If we look strong there is no guarantee that shorts will be able to take advantage. If the huge convertible debt leverage is eliminated, shorts lose their fulcrum.
3. If 80% of the convertible debt goes away without being converted (by refinance) we win. Period. I hope that is what they are saying. I never believed we would escape Royal without losing some skin. Without Royal's money we were dead 2-3 years ago.
4. If we issue new shares to buy a relationship/content that adds to our value, we win.
5. If the public sees us add good future managers, we win.
6. We are so much more than M-GO. 4K Movies, Low bit rate streaming, APP based mechanics. LIVE 4K.
I do not want to be bought out before NTEK sees its future. NTEK's future is not 5 years away. We are still independent. That is a WIN.
Paul
Was that I was glad they did it.
The alternative was to be bought out early before the company was fully fleshed out.
1. Technically, an RS is a nothing transaction. Same percentages.
2. If the RS is announced at the same time as new Platforms (Hisense and Apple have never been announced) and the same time as new content is made available (Disney), we will look strong not weak. If we look strong there is no guarantee that shorts will be able to take advantage. If the huge convertible debt leverage is eliminated, shorts lose their fulcrum.
3. If 80% of the convertible debt goes away without being converted (by refinance) we win. Period. I hope that is what they are saying. I never believed we would escape Royal without losing some skin. Without Royal's money we were dead 2-3 years ago.
4. If we issue new shares to buy a relationship/content that adds to our value, we win.
5. If the public sees us add good future managers, we win.
6. We are so much more than M-GO. 4K Movies, Low bit rate streaming, APP based mechanics. LIVE 4K.
I do not want to be bought out before NTEK sees its future. NTEK's future is not 5 years away. We are still independent. That is a WIN.
Paul
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