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  4. Nanotech Entertainment Inc. (NTEK) Message Board

I really hope ntek's recap plan works out as hoped

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Post# of 96891
Posted On: 05/02/2016 5:15:37 PM
Posted By: Disco Bob
Re: Ibringit #58723
I really hope ntek's recap plan works out as hoped for and probably will. I am trying to figure this all out like I have a bad habit doing. First of all until utraflix came along there was virtual little to no content to watch. To sell 4k TV's platforms were coming to ntek for their product and help with encoding to fit their individual sets. So should those platforms be paying ntek for that service. Shouldn't they be promoting ultraflix on their boxes and ads that content for 4k is available to sell their sets? Why did we have to issue convertible debt for that. Also if there is only $1.8 million in convertible debt that's 400,000,000 shares at .0045. There has been over a billion shares issued the past six months at higher pps. I hate the R/S and wish revenue was high enough to meet fix costs, expansion, and buy back of shares. But it is what it is and I j have resigned to wait longer for my .17's to break even. I think by 2017 we will be in high cotton and all this will come to pass with patience the three years I've been here.


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