Could Akyumen have some other's invested in NTEK?
http://www.marketwired.com/press-release/max-...981240.htm
CURRENT LICENSING
AKYUMEN TECHNOLOGIES CORP.
We announced last summer that Akyumen signed a licensing agreement with Max Sound. http://maxsound.com/news/more-than-one-million/?p=3 This agreement provides Max Sound $2.50 per device. In December, the CEO of Akyumen notified me that they have a contract in Asia representing 5 million units. He further indicated that they are in high-level talks with major cellular carriers in Europe and the Middle East, estimating that another 10 million units should come from those regions in 2015.
Akyumen also announced in November 2014 the building of a $51 million state of the art manufacturing and assembly facility in Bahrain, giving Akyumen the ability to produce over 10 million units for that region, and creating over 1,000 new jobs.
http://bizbahrain.com/content/akyumen-technol...ty-bahrain
We continue to work with the Akyumen executives and developers to help them get MAX-D HD Audio ported onto their devices and into the consumer marketplace. I have been asked when the Akyumen product line will roll out. Akyumen is a new company with several milestones that still need to take place for them to get to market. Then they will have to be successful in getting consumers to believe in their products. It has been pointed out that projector phones have been tried without much success in the past few years. However, past devices feature small 3 x 3 feet low-resolution Pico screens that have looked terrible, and I know that anyone who has seen the 10 x 10 feet High Definition video produced by the Akyumen device has been totally amazed by what the picture looks like (including my team, as I carry a working Akyumen device). So the product is a massive improvement, but they still need good product reviews and consumer excitement to launch this smart device into stardom. With those things accomplished, and the numbers Akyumen projects that they will achieve, our $2.50 net license fee per device would bring significant earnings to our bottom line.
________________________________________________
http://www.marketwired.com/press-release/max-...981240.htm
CURRENT LICENSING
AKYUMEN TECHNOLOGIES CORP.
We announced last summer that Akyumen signed a licensing agreement with Max Sound. http://maxsound.com/news/more-than-one-million/?p=3 This agreement provides Max Sound $2.50 per device. In December, the CEO of Akyumen notified me that they have a contract in Asia representing 5 million units. He further indicated that they are in high-level talks with major cellular carriers in Europe and the Middle East, estimating that another 10 million units should come from those regions in 2015.
Akyumen also announced in November 2014 the building of a $51 million state of the art manufacturing and assembly facility in Bahrain, giving Akyumen the ability to produce over 10 million units for that region, and creating over 1,000 new jobs.
http://bizbahrain.com/content/akyumen-technol...ty-bahrain
We continue to work with the Akyumen executives and developers to help them get MAX-D HD Audio ported onto their devices and into the consumer marketplace. I have been asked when the Akyumen product line will roll out. Akyumen is a new company with several milestones that still need to take place for them to get to market. Then they will have to be successful in getting consumers to believe in their products. It has been pointed out that projector phones have been tried without much success in the past few years. However, past devices feature small 3 x 3 feet low-resolution Pico screens that have looked terrible, and I know that anyone who has seen the 10 x 10 feet High Definition video produced by the Akyumen device has been totally amazed by what the picture looks like (including my team, as I carry a working Akyumen device). So the product is a massive improvement, but they still need good product reviews and consumer excitement to launch this smart device into stardom. With those things accomplished, and the numbers Akyumen projects that they will achieve, our $2.50 net license fee per device would bring significant earnings to our bottom line.
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