It looks like to me that NTEK has used the 4K innovation to enter the streaming market and now that it has content, it is moving to the non-4k market. We know that most phones and tablets are not 4k. We also know that UltraFlix can stream HD at 2mbs. This rate is less than half of what it takes other streaming services to deliver HD. Devices like phones and tablets don't really require 4k to be a great picture. The viewing experience of 4k on screens below 40 inch is pretty much lost. IMHO we have just entered into the biggest market on the planet. Kids spend hours and hours on phones and tablets. Did you watch the Akumen commercial for projection phones? It is clearly targeting the younger generation. If you have been following NTEK for more than 3 years you might remember DFoley mentioning the fact that 4K was what would get them into the streaming market. Does not mean NTEK ever planned on only doing 4K. They have the tech to deliver what people want at a lower bandwidth. THIS IS HUGE!!!
(8)
(0)
Nanotech Entertainment Inc. (NTEK) Stock Research Links