Latest Vgtel Inc. (VGTL) Headlines VGTel, Inc. Co
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VGTel, Inc. Completes Digital Scanning of Initial Round of IMAX(R)-Format Films and Executes Licensing Agreements for Additional Titles for Release in 4K Ultra-High Definition
Marketwire - Tue Mar 04, 2:58PM CST
Following its November announcement that it started the digital scanning of a series of award-winning IMAX®-format films for release in the new 4K Ultra High Definition Format, VGTel, Inc. (OTCQB: VGTL) announced today that it has completed the scanning of the initial round of movies and has entered into new agreements with K2 Communications to secure the rights for additional films.
VGTel gets distribution deal for digital 4K ultra high definition film
M2 - Mon Feb 10, 8:40AM CST
VGTel, Inc. (OTC: VGTL) said that it has secured its first licensing deal for Adrenaline Rush 4K, one of the films in VGTel's newly acquired library of IMAX-format 4K Ultra High Definition movies.
VGTel partners with K2 Communications to make IMAX films into ultra high definition format
M2 - Wed Nov 13, 6:07AM CST
VGTel, Inc. (OTC: VGTL) said it has entered into a memorandum of understanding with K2 Communications to digitize and distribute a catalogue of award-winning films in the new ultra high definition digital format (UHD or 4K).
VGTel, Inc. Announces Launch of New Corporate Website
Marketwire - Tue Aug 13, 10:57AM CDT
VGTel, Inc. (OTCQB: VGTL) unveiled its new website on July 23, 2013. The site, http://www.360entertainmentandproductions.com, incorporates numerous features to make browsing a more streamlined and informative experience for the Company's current and potential customers and investors.
OTC Daily Alert Stock Watch - VGTel, Inc (OTCQB: VGTL)
WorldStockWire - Sat Aug 10, 5:15PM CDT
OTC Daily Alert tracks stocks daily and is pleased to offer features on public companies. Investors can receive FREE Stock Alerts and company news and profiles by visiting OTC Daily Alert at the following: http://www.otcdailyalert.com
VGTel ready to grow into new markets
M2 - Wed Jul 24, 12:23PM CDT
VGTel, Inc. (OTC: VGTL) said it has completed negotiations with several operators to help them expand Internet sweepstakes and charitable gaming operations in several states, including New York and Pennsylvania.
VGTel, Inc. Completed Negotiations for Expansion
Marketwire - Tue Jul 23, 9:30AM CDT
VGTel, Inc. (OTCQB: VGTL) announced it has completed negotiations with several operators to help them expand internet sweepstakes and charitable gaming operations in several states, including New York and Pennsylvania, which are currently experiencing rapid growth in this $20 billion industry. CEO Peter Shafran described the transaction as a revenue sharing arrangement, saying, "The model calls for each location to operate 50 or more game terminals and VGTel, Inc. will participate through a revenue sharing arrangement exclusive of the day-to-day management of the facilities." Shafran continued, "We believe this will work very well for the Company. Without having to manage operations, we can still increase our top and bottom line revenue, which benefits the Company and our shareholders. We feel that this model can be expanded into many other states and venues and will serve as a platform for the continued growth of the company." Accordingly, VGTel, Inc. is proceeding towards executing formal contracts shortly with an owner/operator to build, acquire and manage as many as 50 locations in New York and Pennsylvania alone.
VGTel, Inc. Sees Growth in Gaming Industry
Marketwire - Tue May 07, 1:00PM CDT
VGTel, Inc. (OTCQB: VGTL) began its first quarter with a big push into the internet gaming business. The charitable gaming business and the internet sweepstakes industry is rapidly growing and expanding in the United States and, by some estimates, is likely to reach $20 billion by 2014. Upon completion of our next acquisition, the Company will look to expand operations from its own inventory into five or more existing states of operation and others. The Company is working with operators in Arizona and California to expand the charitable gaming business in those states by acquiring assets already in place and operation. "We are also in the 'due diligence' process to acquire existing assets in place in the field and operation in multiple states with separate reporting management systems and a suite of games that are different than but complementary to some of the existing software in play," said CEO Peter Shafran. He added, "The Company is excited about expanding the charitable gaming and sweepstakes business in those venues and states where it is possible based on the regulatory environments."
VGTel, Inc. Announces Asset Acquisition
PR Newswire - Thu Apr 04, 2:30PM CDT
VGTel, Inc. (OTCQB: VGTL), closed its fiscal year (March 31) with a significant acquisition in the digital gaming industry of the assets of a company operating in multiple US markets. With this acquisition, VGTel has operating income greater than $200,000 per month from existing operations. "This is a strong initial breakthrough," announced Company CEO, Peter Shafran. "We believe that we now have the resources and management team to fuel the rapid expansion of this business by at least 200% by the end of our second quarter," added Shafran. In addition to the assets already in operation in the field, the acquisition included enough ready-to-be-shipped gaming equipment to supplement our customers' inventories, as well as provide for considerable expansion into other States and territories, as regulations allow.
Charitable Management and Capital no longer interested in VGTel acquisition
M2 - Thu Apr 04, 8:56AM CDT
Charitable Management and Capital Group, LLC (OTC: CMCG) said that it is no longer pursuing acquisition opportunities with VGTel, Inc. dba 360 Entertainment & Productions, Inc. (OTC: VGTL).
Charitable Management and Capital Group, LLC Officially Terminates Letter of Intent With VGTel, Inc. dba 360 Entertainment & Productions, Inc.
PR Newswire - Wed Apr 03, 2:41PM CDT
Charitable Management and Capital Group, LLC (CMCG) announced today that it is no longer pursuing acquisition opportunities with VGTel, Inc. dba 360 Entertainment & Productions, Inc. (OTCQB: VGTL). On October 10, 2012, CMCG entered into a non-binding Letter of Intent with VGTel, Inc. CMCG has terminated the proposed transaction with VGTel and has ceased any further negotiations.