Here is my concerns with Ultraflix. A great but still virtually unknown product. How many movies does the average person watch per year? In my case I bought a 100 for $99 deal Dec 27th and used 11 so far. Now that its Fall I watch even less movies due to enjoying the football season and baseball playoffs. Others may also be involved with basketball and soccer. So when do the initial subscribers reorder and how many new ones are signing up for the service when the marketing effort is not fully established? For this to rumble NTEK needs to quickly get foreign revenue ramped up in China and India where movie watching is more popular due to population and little other entertainment alternatives. One million subs ain't going to get it. Paramount deal expires Dec 31st. Content costs money.
(3)
(0)
Nanotech Entertainment Inc. (NTEK) Stock Research Links