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  4. Nanotech Entertainment Inc. (NTEK) Message Board

Here is my take away from the meeting. Very info

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Post# of 96891
(Total Views: 766)
Posted On: 01/19/2018 5:53:06 PM
Posted By: Kb94002
Here is my take away from the meeting.
Very informative, 3 to 6 months, if things go well, we can expect to see many changes.
Contracts with the big 6 movie theatres being negotiated, 21 million being dispersed beginning this month with 26 million on standby if needed for expansion, new management already working on contracts and content, working closely with Hysense and Iron Dragon working on increasing martial art movies from China,.
2018 plan for 13 mil in revenue, 3 mil gross profit, 1 mil net profit, 2019 plan for 38 mil revenie, 29 gross profit, and 11 mil net profit.
UFLIX to have 5 million users in 2019, Iron Dragon TV will have 100k and RevTV will have 175k users.
UFLIX 3.0 being released within the next 6 months, will always be a PPV service.
Beginning an advertising program to concentrate on Podcast, 6 have already been identified, working on partnerships with TV manufacturers to bundle Uflix on their advertising, studios and with Google to bundle when "A" content is released. 1.2 million advertising budget has been allocated gor 2018.
Exciting times beginning very soon.


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