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There is another scenario that I think is in play.

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Post# of 96891
(Total Views: 433)
Posted On: 05/14/2018 5:26:06 PM
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Posted By: GoinSouth
Re: tommyhumble #90247
There is another scenario that I think is in play. NTEK announced the 21 million funding a long time ago. It was well before the funding was insured. We all know that there is a massive attempt to take NTEK down. There is no reason for the number of bashers that have hounded this company from day one except for the fact that there must be a huge naked short position and the only way out of it is if NTEK folds. The announcement of the initial 21 million funding was HUGE. It meant NTEK did not have to dilute shares (which they have not done for quite some time) and the funding along with the revenue coming in from 4K studios meant that NTEK was well on it way to success. The agreements with the major content providers was evidence of that. I am afraid that they underestimated the power and the extent to which these forces would use to ruin NTEK. I think these forces were responsible for the caveat emptor and may have effected the delivery of the loan. NTEK already informed us that there was a backup plan for funding. They would be extremely dumb to once again announce who the funding was from. Hence the silence! No info until the money is in the bank!

JMHO


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