UPDATE: Monday, April 20, 2015 – 11 Months after this was published originally:

We are getting a lot of feedback on this company. We certainly believe that NTEK is very legitimate in the 4K Media Arena as we called it almost a year ago. We will be doing a much more detailed analysis within the next two weeks. 

ORIGINALLY AS WRITTEN:

In the headline I asked two questions:

  1. Is NanoTech Entertainment Inc. (NTEK) a Legitimate Player in the 4K Media Arena?
  2. Is it a Stock You Should Own?

Let’s understand there is a huge difference between the two questions. When we ask whether NTEK is a legitimate player in the 4K media area, we are asking several questions there. We are asking – first – do they have the technology? We are asking if they have a product at market?  Then we are asking is the product being sold in sufficient numbers to bring enough revenue to keep NTEK a player?   We are also asking if they are accepted by the tech media as a real player? Finally we are asking if buyers who have bought this have reviewed it positively and in great enough numbers to make a difference?

When we ask if it is a stock you should own, the first factor we need to understand is that it is not a fully reporting company. While they do provide many updates via press releases and in financial reporting on OTCMarkets.com, they are not fully transparent. There are  filings being filed with the SEC, but they are mostly Form 4. With this overall second question, we are also asking who is behind the company, who is buying and selling the stock and who is promoting it, if anyone at all. We need to know the track record of those people.

Let’s get to the first question right away.  I think there is no doubt that they have a viable product and it is meeting some key acceptance. While most people truly don’t even understand what 4K media is, those that do have recognized the company in real and meaningful ways. Let’s start with Ultra HDTV’s “Best of CES 20104 Award for HD Media Player.”

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