Ok folks- I received a response from IR as noted b
Post# of 96896
(Total Views: 700)
Posted On: 08/24/2017 7:48:57 AM
Ok folks- I received a response from IR as noted below: One thing I need to say he/she was very fast in response.
>> Why is there a silence in NTEK? Is it because of NDA or other issues
There has been no news to share. When there is news we will share it.
1. >>UF3.0 was quote by IR is still being developed. Please explain what this means and does QA falls under development and when do we expect to hear about UF3.0 officially.
UF is in development. That means it has not yet been released. You will hear news of it when it is released and not before.
Zadie Comment: I think from company perspective if the program is not release, therefore it is in development. That is fine with me.
>>There was reference to $25 Mil and then it was quoted another $500Mil. Which one is correct and what is the status of this funding?
We are waiting for the fund to close and wire us our portion.
Zadie comment: good folks here I thought I heard this was delivered and closed. hmmm.
>>Per Mr. Dave Foley in one of his communication with shareholder He mentioned that On September everyone will knows us. Please provide further info..
I cannot comment on this as I have no information about it.
>>How many shares of UltraFlix are there and how many shares are owned by NTEK shareholders and how many shares does DF owns.
That is not public information.
>>Are we planning go live all at once with our new movie partners or at stages
We have not made any announcements about movie partners.
>>Do we have any contract with any Studio and do we expect more contracts in near term.
We have many contracts.
Zadie comment: This is good news that they have many contracts. But why don't you reveal this to the public so we know at least you are doing something.
>>Regarding the 4K Studio Calendar. What does it mean by publish to UF, yet it is not shown on UF despite days after scheduled time?
It means the studio has missed their schedule.
>> Why is there a silence in NTEK? Is it because of NDA or other issues
There has been no news to share. When there is news we will share it.
1. >>UF3.0 was quote by IR is still being developed. Please explain what this means and does QA falls under development and when do we expect to hear about UF3.0 officially.
UF is in development. That means it has not yet been released. You will hear news of it when it is released and not before.
Zadie Comment: I think from company perspective if the program is not release, therefore it is in development. That is fine with me.
>>There was reference to $25 Mil and then it was quoted another $500Mil. Which one is correct and what is the status of this funding?
We are waiting for the fund to close and wire us our portion.
Zadie comment: good folks here I thought I heard this was delivered and closed. hmmm.
>>Per Mr. Dave Foley in one of his communication with shareholder He mentioned that On September everyone will knows us. Please provide further info..
I cannot comment on this as I have no information about it.
>>How many shares of UltraFlix are there and how many shares are owned by NTEK shareholders and how many shares does DF owns.
That is not public information.
>>Are we planning go live all at once with our new movie partners or at stages
We have not made any announcements about movie partners.
>>Do we have any contract with any Studio and do we expect more contracts in near term.
We have many contracts.
Zadie comment: This is good news that they have many contracts. But why don't you reveal this to the public so we know at least you are doing something.
>>Regarding the 4K Studio Calendar. What does it mean by publish to UF, yet it is not shown on UF despite days after scheduled time?
It means the studio has missed their schedule.
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