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Nanotech Entertainment Inc NTEK
Posted On: 11/20/2015 5:47:39 PM
Post# of 96892
Posted By: Enyaw
Re: WinstonNC #39826
This is their May 2015 filing

NanoTech Entertainment, Inc.  Balance Sheet ‐ Period Ended March 31, 2015  (unaudited)   

ASSETS   Current Assets: 
Cash   $             44,522
Accounts Recievable   $        1,178,007  
Inventory   $        1,241,000  
Investment Holdings   $           739,836
Prepaid Contracts   $                      ‐    
Prepaid Expenses   $                      ‐    
Prepaid Royalties   $        1,874,250  

Quote:
Enyaw look at Q1 report filed may 2015.

http://www.otcmarkets.com/financialReportView...;id=138548

The $2.8M Investment Holding is NOT THERE
in their declared ASSETS!

Q1 report was filed AFTER they announced the spinoff
of NTGL and distribution shares to NTEK holders in Feb 2015 !

Clearly something changed in NTEK plans for
them to now declare those 150M NTGL shares
they own as their INVESTMENT HOLDING.

The only thing imo that makes sense is they plan
to sell those shares back to NTGL for $2.8M

















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