Network Media Group Inc V.NTE

Exited

[JayBanks]

I jumped out again at .19 today and booked a 22.6% gain since my purchase at .155 in early March, took longer than I expected tho...

Seems like there is a bunch of excitement around the new board member and possible new direction of the company. The huge volume today is odd but I would expect it's related to an insider of some sort.

Ill take my gains and watch if this goes back into its past normal trading ranges.

I wonder what happened to that guy that wanted to do complaints and lawsuits rather than just chill and make some $$$...

[prophetoffacts]

This post has been removed in accordance with Community Policy

[JayBanks]

  On: I'm the target audience on a bunch of the content NTE makes, I've watched most of the "I Am" series, "Punk'd" and I forget the names of other one or 2 I've watched, I've always used a middle man because it's part of a whole service I've used or streamed it for free from a Captain Kidd site (arggg)... there's no way I'd pay $5 or

[smoking81]

NFT's would work like the Getty image library. Every time you want to use an image you have to pay the Getty library. If you cheat they hunt you down. With NFT's you own the show/movie/game/album and the NFT becomes the way you prove you own it and users have to pay to re use.

[prophetoffacts]

This post has been removed in accordance with Community Policy

[prophetoffacts]

This post has been removed in accordance with Community Policy

[prophetoffacts]

This post has been removed in accordance with Community Policy

[smoking81]

The interesting thing about tokens is that they can be split into just about infinite pieces. This means you can sell a piece of your NFT for pennies and those people can collect their share of the revenue. This is a good way to match people interested in a certain thing (could be a fancy sneaker) with ownership. The person gets to brag about owning a piece of something and believes the value will

[prophetoffacts]

This post has been removed in accordance with Community Policy

[prophetoffacts]

This post has been removed in accordance with Community Policy

[JayBanks]

  This is a very strong explanation of this side of the NFT, but we are now into selling shares of Royalties like the music industry which has kinda fallen apart the past several years, and for years the Artists/content creators got screwed over buy the business men... This isn't helping an argument on why NTE will do well in my opinion. I'm gonna move to the side as I said and

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Sthlheadr]

"$15 million market cap. currently. How much extra do you think is in the stock price for NFTs currently?" check out $CWRK they don't have much sales and are sitting at a 165 million MC.... so minimum add 30 million to the current Mc. . New guys sole job is capital markets. Getting the stock price to what it should be.. !

[Millton]

With contracted revenue backlog of 15.6 million I'd say the valuation of this company could be multiples higher based off the core business alone. Throw in the NFT's as a call option and this could finally be the inflection point. Good management, good content plus a new catalyst. That's a good combination.

[Sthlheadr]

that's it! V

[Sthlheadr]

still feeling good about selling at 18 ? Lol

[JayBanks]

I got out at 19 and yes, I'm content with taking the profit... That said, I am wrong in that this bounce did reach the upper 20s, I think I seen 29.5 hit but not many shares were traded at that height. I could have gotten a better exit in 23-24, but I took the safety. Also from the release the company the numbers are not that attractive, they NEEDED the cash injection as I wouldn't

[Sthlheadr]

exited ? Why the heck would you do that, this is in breakout mode. Your going to end up buying in for more next week

[JayBanks]

  In the past 5 years this is the 8th "breakout" of similar looks, only 2 of those hit the mid 20 cents in prices, with 25 being the highest day ending price... That's why! Now this one may have a different reason behind it, but for my money, the risk isn't worth it that this is the major move that sets a new standard trading level for this company. If it sets a new

[JayBanks]

  Well the 'next week' has passed, the share price has settled at the same price as my exit, and only traded above for a few minutes early Monday then swung below 18 cents for a short period, other than that, it's been bouncing between 18.5 and 19.5 cents, and we are back to normalized volume or even lower than normal with no more breakout signs... The fact the company has

[prophetoffacts]

This post has been removed in accordance with Community Policy

[Sthlheadr]

I agree, I have no issue with the raise. I'm expecting big things to come. I think our friend is not realizing how powerful this sector is. Balance sheet? Lol I've seen companies hit 250 million MC with zero sales....