I wonder why NTEK doesn't continue to add movies from the Paramount library? If for no other reason, fresh content keeps people interested at least checking in to see what's new, not to mention it couldn't hurt to make an attempt to pacify shareholders who've repeatedly taken it on the chin with the RS and the continued printing of shares.
There are plenty of other Paramount films that could be uploaded to keep things fresh around here until they roll out HDR and announce the new partner content. Frankly, I can't believe it that's taken this long as we watch the big boys begin to catch up. So in the meantime the additional 2 or 3 monthly movies would have been a good move...and still could be if they expect delays to continue.
As for the shareholder letter some people have been talking about recently. Yes, it's been nearly two months since it's release and while it's true we haven't yet seen the new content, etc, we have received some very significant news in the addition of LG and Xbox One platforms to the UltraFlix Network of Awesomeness! UFNA...there's a ticker symbol for ya!
Bottom line for me, once NTEK renews with Paramount, releases specifics surrounding new content and starts uploading in HDR we're in awesome shape. That's not even including UltraVR360.com, 'Live Stream' events and video gaming?
All this and the pps is still only 2 cents. Just stopping the dilution drives the stock up but that has to stop and I'm sure it will very soon. 75% reduction in content delivery costs is AMAZING and seems to have been understated by the company. Maybe 2017 is NTEK's year to understate but over deliver, wouldn't that be nice?
Remember 3.8 million in revs last Q was in line with last year's Q report and we had a 100% shutdown for a full week while they were installing the new network of servers. I fully expect revenues to surge as we move into 2017. Soon 3.8 million will be a months worth of revs no longer taking an entire quarter and with that comes no further need to dilute.
NTEK is EXTREMELY cheap to buy right now and seems to have a put in a solid base. Buying more and averaging down now may be a good idea because news is imminent and I don't feel like chasing when this thing finally takes off.
Best of luck to all NTEK Longs!
Atlas1
There are plenty of other Paramount films that could be uploaded to keep things fresh around here until they roll out HDR and announce the new partner content. Frankly, I can't believe it that's taken this long as we watch the big boys begin to catch up. So in the meantime the additional 2 or 3 monthly movies would have been a good move...and still could be if they expect delays to continue.
As for the shareholder letter some people have been talking about recently. Yes, it's been nearly two months since it's release and while it's true we haven't yet seen the new content, etc, we have received some very significant news in the addition of LG and Xbox One platforms to the UltraFlix Network of Awesomeness! UFNA...there's a ticker symbol for ya!
Bottom line for me, once NTEK renews with Paramount, releases specifics surrounding new content and starts uploading in HDR we're in awesome shape. That's not even including UltraVR360.com, 'Live Stream' events and video gaming?
All this and the pps is still only 2 cents. Just stopping the dilution drives the stock up but that has to stop and I'm sure it will very soon. 75% reduction in content delivery costs is AMAZING and seems to have been understated by the company. Maybe 2017 is NTEK's year to understate but over deliver, wouldn't that be nice?
Remember 3.8 million in revs last Q was in line with last year's Q report and we had a 100% shutdown for a full week while they were installing the new network of servers. I fully expect revenues to surge as we move into 2017. Soon 3.8 million will be a months worth of revs no longer taking an entire quarter and with that comes no further need to dilute.
NTEK is EXTREMELY cheap to buy right now and seems to have a put in a solid base. Buying more and averaging down now may be a good idea because news is imminent and I don't feel like chasing when this thing finally takes off.
Best of luck to all NTEK Longs!
Atlas1
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