$NTEK received research update from Trader's Choic
Post# of 6702
- Shares of NanoTech Entertainment, Inc. closed Friday's session at USD 0.0080, declining 20.00%. While oscillating in the range of USD 0.0071- USD 0.0095, the stock recorded a trading volume of 39.93 million shares, much above its three months average volume of 10.01 million shares. On October 23, 2015, NanoTech Entertainment announced that the company has entered into a licensing agreement with the San Francisco 49ers to start offering UltraFlix (the company's 4K video streaming channel) users Live 4K video coverage of the 49ers pre-game show and the 49ers TV video series, exclusively in 4K. While Harmonic, an UltraFlix partner, provides stunning quality, real-time 4K HEVC video encoding and adaptive streaming; another UltraFlix partner, Verizon Edgecast, manages the Live 4K ingest and reliable delivery to the growing line-up of 4K TV's sporting UltraFlix. Aaron Taylor, NanoTech's Executive Vice President of Sales & Marketing, commented, "We're honored to collaborate with two video delivery industry leaders to start our long-term Live 4K broadcast initiative. Our mission always has been, and continues to bee, the delivery of the most visually stunning movies, music, documentaries and award-winning television series...and now Live 4K!"