David, I have one question on behalf of some of the long SH's who were unfortunately unable to attend the SH meeting but first I would like to congratulate and commend you and the entire BOD for what I understand was am extremely successful and rewarding meeting for all those lucky enough to be there in person.
We understand and appreciate you are laser focused on creating the highest quality, flawless 4K HDR streaming service. We now know that in conjunction with all our partnerships, the soon to be uploaded A-list content, the marketing that will follow once a portion of the 21M is dispersed later this month will all help to generate massive revenues later in 2018 and especially 2019. All great to hear.
You have always stated that massive revenue increases would translate into a much higher PPS. What I find especially intriguing and SH friendly is the proposed BB. Lets just say for arguments stake, NTEK longs hold approx 40% of the O/S that I believe is a conservative %. I have no idea what % of the O/S NTEK, company insiders, and employees may hold but I'll just throw another low ball 10% out there.
So we have at least 50% of the O/S locked up. I say locked up because the longs who are holding their shares cannot sell even if they wanted to because they are down big. Therefore a very conservative estimate has 50% of the 179M in lock down leaving only 89-90M shares available for trading.
Now the company proposes a BB of up to at least 100M shares in the calendar year 2018 based on 10% of profits. So where are those shares going to come from? The longs who are presently down a goodly sum are waiting for their big pay day and will NOT be selling anytime soon.
IMO the rapidly rising revenues coupled with the continually decreasing shares available to trade will create an epic short squeeze. This is the best of both worlds for NTEK longs. A start up with growing revenues, a product that everyone wants (or will soon want), a new product that just happens to be immersed in one of the fastest growing industries, AND to top it all off NTEK is proposing to decrease the number of shares available to purchase.
I wonder if this was the company's plan alI along as to put a major hurt on the bad guys? That's not my question though.
I am hoping David could advise if he believes my assumptions and figures with respect to the BB and O/S are way off base. I would really love to know If one of the company's goals is to decrease the O/S to under 100M with the proposed BB and if that goal will be easily achievable by sometime in 2019 if the revenues/profits come in as planned.
We understand and appreciate you are laser focused on creating the highest quality, flawless 4K HDR streaming service. We now know that in conjunction with all our partnerships, the soon to be uploaded A-list content, the marketing that will follow once a portion of the 21M is dispersed later this month will all help to generate massive revenues later in 2018 and especially 2019. All great to hear.
You have always stated that massive revenue increases would translate into a much higher PPS. What I find especially intriguing and SH friendly is the proposed BB. Lets just say for arguments stake, NTEK longs hold approx 40% of the O/S that I believe is a conservative %. I have no idea what % of the O/S NTEK, company insiders, and employees may hold but I'll just throw another low ball 10% out there.
So we have at least 50% of the O/S locked up. I say locked up because the longs who are holding their shares cannot sell even if they wanted to because they are down big. Therefore a very conservative estimate has 50% of the 179M in lock down leaving only 89-90M shares available for trading.
Now the company proposes a BB of up to at least 100M shares in the calendar year 2018 based on 10% of profits. So where are those shares going to come from? The longs who are presently down a goodly sum are waiting for their big pay day and will NOT be selling anytime soon.
IMO the rapidly rising revenues coupled with the continually decreasing shares available to trade will create an epic short squeeze. This is the best of both worlds for NTEK longs. A start up with growing revenues, a product that everyone wants (or will soon want), a new product that just happens to be immersed in one of the fastest growing industries, AND to top it all off NTEK is proposing to decrease the number of shares available to purchase.
I wonder if this was the company's plan alI along as to put a major hurt on the bad guys? That's not my question though.
I am hoping David could advise if he believes my assumptions and figures with respect to the BB and O/S are way off base. I would really love to know If one of the company's goals is to decrease the O/S to under 100M with the proposed BB and if that goal will be easily achievable by sometime in 2019 if the revenues/profits come in as planned.
13
