Here's what NTEK actually said>"In order to achiev

Here's what NTEK actually said>"In order to achieve our goals,
we will be recapitalizing the company. In this process, we have agreements in place
which will eliminate approximately 80% of our current convertible debt allowing us to limit future share growth to those
strategically valuable uses such as key employee acquisition and retention. We will accomplish this with several
funding agreements, a reverse split and an overall reduction in our authorized share structure. Finally, we will be
offering another round of private placement funding to increase our cash reserves, and closing multiple new major
studio content deals that we have negotiated and are ready to pull the trigger on signing." NTEK SHL 2/11/16
....................................................................................................

The KEYs in the above are>

>SEVERAL FUNDING AGREEMENTS< What are the
terms of these? If the terms are NON DILUTIVE as NTEK
is certainly implying by the rest of the statement wording
then the R/S will be a non event.

>PRIVATE PLACEMENT FUNDING< Again the KEY
here is at what stock price will the PP be funded at.

The bottom line is after the R/S NTEK has to clearly
demonstrate that the O/S is going to STABALIZE as
they say it will in the above by also REDUCING the A/S!

What gives me hope they actually will follow thru on
the above is we've seen NO DILUTION for last 7
weeks when they could easily have gone ahead and
maxed out the A/S before the R/S. That shows me
they already have found helpers and are not strapped
for cash.

And most important the fact that they got UF on all these
MILLIONS and MILLIONS of NEW Platforms in
March has given incentive for WHALES to come
in and give them FUNDING on favorable terms
because the WHALES also have a vested interest
in seeing UF taken to the next level.