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  4. Nanotech Entertainment Inc. (NTEK) Message Board

NTGL was discussed at the SHM. Per anunatak's p

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Post# of 96892
(Total Views: 418)
Posted On: 01/31/2018 6:10:06 PM
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Posted By: intelligentPMC
Re: Disco Bob #87968
NTGL was discussed at the SHM.

Per anunatak's post
Quote:
NTGL Distribution
-cash transaction/purchase in the works to get those shares back under NTEK for distribution
-prior management clearly screwed us as everything is still under their books and thus can’t be distributed by NTEK until above transaction takes place


Read More: https://investorshangout.com/post/view?id=491...z55o4MZCjw



Also, from the SHM Letter:

Quote:
Many shareholder’s’ have asked when NTGL
shares would be distributed. NTEK has no control over NTGL and does not have
possession of the shares that were issued in NTEK’s name. The value of the IP and physical assets that were sold to NTGL were worth about a million dollars. NTEK agreed to take NTGL shares in lieu of a cash payment for the transfer of the assets. The plan was to distribute those shares to NTEK shareholders. Those shares were allocated on the books, but never transferred to NTEK. NTEK is putting together an offer to allow the payment by cash or shares to get it closed out.



http://www.ntek.com/shareholderletters/2018-0...Review.pdf

Contact NTGL
ir@nanotechgaming.com



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