We all feel the pain Strat. You are not alone.
Post# of 96891
Posted On: 12/04/2016 6:17:20 PM
We all feel the pain Strat. You are not alone.
I have to tell you just how badly I want to go home for Christmas and let everyone know that I am a successful investor. I can feel that so badly I can taste it when I wake up in the morning.
But not only are we DEEP in BETA with our product...
But we just cleared the decks of 80% of our toxic debt, and I now believe that our debt holder is not the source of evil in our financing. The debt holder had to BELIEVE before he let go of 1,2000,000 shares of leverage in return for a simple payback.
We also just negotiated a 75% reduction in delivery cost. What does that mean? Is it the cost of our cloud service or is it the up front cost of our content cost?
We also just upgraded our servers. Why did they do that and why are they proud of what they did? Is it because of what they have learned during our BETA testing? Is it because they have received greater confirmation that customers and content providers will both be coming to us????
Someone is paying us for our 4K conversion services.. we have seen the quarterly earnings, but where are the 4k UHD ready movies??? The aren't on UFLIX, but they aren't anywhere else either.
Timing is everything, not just for us but for tv manufacturers as well as content providers. Do you think that NTEK executives are the only people deciding on when to make a marketing push, or that all parties are trying to decide on the best time???
I can tell you that I am nervous like you are..I just think that we are almost there. In the last 8-9 months, the best use of our money time and effort has not been marketing but infrastructure.
Paul
I have to tell you just how badly I want to go home for Christmas and let everyone know that I am a successful investor. I can feel that so badly I can taste it when I wake up in the morning.
But not only are we DEEP in BETA with our product...
But we just cleared the decks of 80% of our toxic debt, and I now believe that our debt holder is not the source of evil in our financing. The debt holder had to BELIEVE before he let go of 1,2000,000 shares of leverage in return for a simple payback.
We also just negotiated a 75% reduction in delivery cost. What does that mean? Is it the cost of our cloud service or is it the up front cost of our content cost?
We also just upgraded our servers. Why did they do that and why are they proud of what they did? Is it because of what they have learned during our BETA testing? Is it because they have received greater confirmation that customers and content providers will both be coming to us????
Someone is paying us for our 4K conversion services.. we have seen the quarterly earnings, but where are the 4k UHD ready movies??? The aren't on UFLIX, but they aren't anywhere else either.
Timing is everything, not just for us but for tv manufacturers as well as content providers. Do you think that NTEK executives are the only people deciding on when to make a marketing push, or that all parties are trying to decide on the best time???
I can tell you that I am nervous like you are..I just think that we are almost there. In the last 8-9 months, the best use of our money time and effort has not been marketing but infrastructure.
Paul
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