EPIC DD ANTHOLOGY IF YOU WANT TO LEARN THE TRUT
Post# of 96879
Posted On: 05/22/2013 6:49:41 AM
EPIC DD ANTHOLOGY
IF YOU WANT TO LEARN THE TRUTH ABOUT NTEK TAKE THE TIME TO READ THIS! THE TRUTH WILL SET YOU FREE. JUST THE FACTS! ALL PUBLIC DOCUMENTS. DUE DILIGNCE DONE FOR YOU.
NanoTech Entertainment Notes From the Far North:
From Beautiful Wasilla, Alaska.
NANO TECH ENTERTAINMENT (OTC PINKS: NTEK)
Nano Tech a 7 year old company with a newly established presence in the Silicon Valley has significantly improved the overall landscape of up-and-coming investment opportunities available on the (OTC PINK SHEETS: NTEK). Nano Tech is turning heads, and gaining the attention of savvy investors and several well known names from the High Tech gaming industry (signing on as Board of Directors). Nano Tech has matured beyond its debutant status into a robust and mature company. CEO, Jeff Foley with an experienced team of award winning engineers have the technical skills along with the creativity and vision to change the way future generations will entertain themselves through the integration of their three pronged attack / business plan.
Nano Tech proudly boasts 3 distinctive divisions: Nano Tech Gaming Labs, NanoTech IPTV and Media, and Nano Tech Mobile & Communications. All three divisions are stand alone and solid businesses individually; however, NTEK’s creative vision, genius and resulting business plan clearly demonstrates that leadership has a larger picture in mind. Alan Stone, former executive for Nintendo and President / CEO of Sega and current NTEK Board of Director has expressed the real strength of the company lies as their ability to fuse these three divisions into a synergistic whole. Their vision and creative ideology has already compelled them into developing ground breaking proprietary technology to bring their creations to life. CEO Foley’s job is to keep the NTEK team focused, foster creativity, and to maintain their position on the “technology development” cutting-edge. As each problem is solved, and a higher level achieved, new knowledge and skills along with creativity propels NTEK engineers to new, higher, and more sophisticated levels. Success breeding more success and at higher levels while reaping the benefits of proprietary rights of those new technologies summarizes best what is happening in the labs at NTEK. Moreover, their interests are in the multi-billion dollar industries!
The company has a unique business model and has a diverse portfolio of products and technology. Nano Tech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
Below I have compiled public documents that should be more than adequate to form a good understanding and opinion as to whether or not Nano Tech Entertainment is a company that would meet your investing criteria. Although not exhaustive, I will share a few of the many highlights and a chronology of the most significant milestones NanoTech has achieved over the last year. It took me many months and many hours to find and read all of this material; however, if you are interested in conducting some Due Diligence I have gathered a good hour worth of reading material for your convenience. These press releases clearly demonstrate NTEK’s transparent execution of a well thought out business plan and a high tech monster company in the making. In my honest opinion Nano Tech has “under promised and over performed.” It is rare to find such a transparent company with a cohesive plan at this valuation level regularly meeting or exceeding their business plan and goals. It is also my opinion that Nano Tech Entertainment is going to be a huge going concern for a long, long time, get in on the ground floor! I do not apologize for being an ardent supporter and investor in NTEK. They meet my criteria and risk assessment approval. Make your investment decisions based on your own risk assessment and Due Diligence. I humbly offer these public documents, Press Releases (PR) available to all (and claim no credit for their creation) in an easy to read compilation to assist you in your research.
I have chosen the PR’s below because I believe they best represent what CEO Jeffrey Foley promised and delivered based on the open letter to the shareholders immediately below. Good luck! Each PR below represents another avenue for positive revenue streams. NTEK is diversified and highly organized in its business plan.
In July of 2012 in an open letter to shareholders, recently appointed Chairman and CEO Jeffrey A. Foley gave the following information about NanoTech.
In the past four months, NanoTech Entertainment has undertaken a significant and successful restructuring of the company in an effort to increase its business and expand its offerings of services and product lines. In doing so, the company expects to meet or exceed current revenue projections. We are very pleased to announce that we have made significant progress establishing business and strategic relationships with industry leading organizations. Our goal for the coming year is to create a diverse portfolio of technology and assets, with a focus on the biggest revenue and growth markets in the entertainment sector. This will be achieved by a combination of strategic partnerships and M&A work that started last year. Shareholders can expect to see several major announcements in the following weeks and months in support of these programs.
July 30, 2012 NTEK is pleased to announce it has entered into a strategic partnership to expand into the Television, Internet Protocol Television (IPTV), and Mobile Video markets. NanoTech Entertainment will be entering the market with its revolutionary new proprietary technology as well as distinctly fresh original content. NanoTech's customer base will explode as the viewing public will not rely just on satellite and cable providers, but instead utilize the internet and mobile networks to watch NanoTech's Video On Demand (VOD) content.
Aug. 1, 2012 NTEK today has announced its first ever television show - "Adam Curry's Big App Show," is now available and prominently featured on the Roku IPTV platform. This daily video features reviews of new and interesting apps for iPhone, iPad and Android devices narrated by Adam Curry, who became an overnight media sensation as a VJ on MTV in the late 1980s.
Oct. 10, 2012 NTEK today announced it has entered into an agreement with Global Media Enterprises giving NanoTech distribution rights for the "On The Mike" Celebrity Entertainment show as well as other future programs created by Global Media.
Oct. 11, 2012 NTEK is pleased to announce it has completed a multi-million dollar partnership agreement with private investment firm FS Global Capital, for a stake in its privately held mobile app development company. The partnership will allow NanoTech to quickly expand into mobile phone and tablet app market. NanoTech will leverage its revolutionary new proprietary technology in several exciting new apps to be released this fall. NanoTech's customer base will greatly expand as it releases unique "must have" apps for Android, iPhone and BlackBerry customers, which dominate the multi-billion dollar global app market.
NanoTech Entertainment (NTEK) Releases Proprietary 3D TV Library.
Nov. 5, 2012: NTEK today announced it has completed its development of a new proprietary technology, NanoFlix3D.
NanoTech Media, the IPTV division of NanoTech Entertainment, is now offering content providers and publishers a unique set of tools for the creation of fully immersion 3D TV Channels and Smart TV apps. NanoFlix3D is now available on the Roku IPTV platform, and will be available on Samsung Smart TV, LG Smart TV as well as several other platforms.
Dec. 11, 2012: NTEK today announced four new products for 2013, Jumper™, Masher™, Pinball Wizard 2 ™ XBOX® and Pinball Wizard 2 ™ PlayStation®. The new line-up is a mix of games and game controllers featuring some of NanoTech's newest gaming technology.
Dec. 14, 2012 NTEK today announced it has completed its development of the next version of its proprietary technology, NanoFlix.
NanoTech Media, the IPTV division of NanoTech Entertainment, is now offering content providers and publishers a unique set of tools for the distribution of video content across multiple platforms with a variety of features consumers have asked for. NanoFlix is now available on the Roku IPTV platform, as well as all desktop computers including MAC and PC, and tablets and mobile phones running either the iOS or Android operating systems, including the iPad and iPhone.
NanoTech Entertainment (NTEK) Partners With 3D Crave
Jan. 9, 2013 NTEK today announced from the CES in Las Vegas that it has completed a development contract with 3D Crave to provide its proprietary Side By Side user interface technology to 3D Crave for their upcoming Roku Channel.
NanoTech Entertainment (NTEK) Partners With Que Pasa TV
Jan. 10, 2013 NTEK today announced from the CES in Las Vegas that it has completed a partnership agreement to launch the upcoming Que Pasa TV channel. Que Pasa TV will provide Latino centric programming including local Latino community programming, On-Demand viewing of Latino cultural shows and movies, and Streaming of Live events including concerts.
NanoTech Entertainment (NTEK) Expands TV Apps Library With New Acquisition
Jan. 11, 2013: NTEK today announced from the CES in Las Vegas that it has completed a partnership agreement giving it exclusive sales and distribution rights to a library of IPTV apps developed by Silicon Valley development team Yungblood Enterprises. The Library includes a variety of information, social and gaming applications for the new generation of TV's and set top boxes.
NanoTech Entertainment (NTEK) Partners With EB2 Global Manufacturing
Jan. 16, 2013 NTEK today announced that after successful negotiations last week during the CES conference it has completed a long term partnership agreement with EB2 Global Manufacturing. The comprehensive agreement provides a multitude of benefits for both companies. Established in 1988 and located in the Guangdong Province, the most populated province in China, EB2 operates its own 50,000 ft2 manufacturing plant with over 250 employees. EB2 also has a distribution and sales network that covers all of Asia.
NanoTech Entertainment (NTEK) Selects Creative Pill For Next Generation
Jan. 18, 2013 NTEK today announced it has selected Romanian based Creative Pill Design Studio as the firm to develop the industrial designs on its upcoming consumer product releases. "The Creative Pill team uses the latest 3D tools and employs state of the art methods for the design process," stated Vlad Lorgulescu Founder and Lead Designer. "Many firms offer a sleek design package, but have no understanding of how to take a creative vision and actually manufacture it. We provide a complete process solution delivering design files that can be read directly by the factory to immediately go into production."
NanoTech Entertainment (NTEK) Completes Buyback Of Ten Percent Of Its Common Stock
Jan. 25, 2013 NTEK today announced that it has completed the first phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company plans to repurchase a total of roughly 25% of its outstanding common stock on the open market or in privately negotiated transactions. The program identified two stages, whereby a total 75 million shares would be acquired in phase one and 120 million shares would be acquired in phase two.
Former Nintendo & Sega CEO and President Joins NanoTech Entertainment (NTEK) Board of Directors
Jan. 29, 2013 NTEK today announced Alan D. Stone has joined the Board of Directors of NanoTech Entertainment and the advisory board of the NanoTech Gaming Labs division.
Feb. 1, 2013 NTEK today announced that it has now completed the second phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company repurchased 25% of its outstanding common stock from the open market and in privately negotiated transactions. The program identified two stages, whereby a total of 195 million shares were acquired. The company had completed the phase one buyback on January 25th 2013 and has now completed the phase two buyback.
Feb. 7, 2013 NTEK today announced the expansion of its online infrastructure in preparation of the release of several upcoming Cloud Based IPTV and Mobile Phone Applications. NanoTech has signed a multi-year contract with Hurricane Electric for use of its new datacenter in Fremont, CA. NanoTech will be installing state of the art servers with a significant expansion into the new data center, Fremont 2. The move will enable NanoTech to keep pace with strong demand for its Internet based media services and products.
Feb. 13, 2013: NTEK today announced the completion of its expansion to Silicon Valley with the opening of a new headquarters in San Jose, CA. NanoTech has signed a multi-year lease for the multi-use building which contains office space, R&D facilities and warehouse space.
February 15, 2013 NANOTECH ENTERTAINMENT (NTEK) RELEASES LETTER TO SHAREHOLDERS:
CEO Answers Questions about Company, Expansion and Stock
I would like to take this opportunity to update shareholders about recent announcements and our support in the market. In an open letter to shareholders, Chairman and CEO Jeffrey A. Foley made the following statements about NanoTech.
“NanoTech Entertainment has made remarkable strides in the expansion of our business in the past three months. We have moved out of the R&D phase of the company, and have begun to build and ship products, deliver and license technology, and expand and upgrade our facilities and infrastructure. Based on NTEK’s stock performance in the past two months, the last two days of downward sell offs has triggered a plethora of calls and emails to the company, mostly based on unfounded fears. NanoTech is a real company with real products and real employees who have invested many years to bring the company to its current state. Our team has invested their time and efforts far beyond the call of duty and they are the foundation of our great company. We have recently added some high profile industry veterans to our directors and staff, and we are continuing to expand our staff at every level. Our team members include well known industry professionals with great relationships and connections in our markets. Our NanoTech Gaming Labs products are for sale with multiple vendors and distributors. We have already sold thousands of our pinball controllers and continue to establish ourselves as a leading provider of digital pinball technology. Our new XBOX and PlayStation Pinball Wizard 2 gaming controller is in the design phase and we plan to be shipping them in the first half of 2013. Our new redemption games are in testing now, and we will be showing them off at upcoming industry trade shows and offering them for sale through a network of worldwide distributors. NanoTech Media products, including NanoFlix and NanoFlix3D have already been deployed in working live channels on many platforms including Roku, Samsung SmartTV, iPhone, iPad,
Android, PC and MAC. The BigAppShow, running on the NanoFlix engine, has already served hundreds of thousands of episodes to users. We have recently expanded our Media group and several more channels based on the NanoFlix technology will be hitting the market this quarter. The NanoTech Communications team is in the early stages of testing multiple mobile apps that will be released in Q2 of this year. The team has been hard at work creating some of the most innovative mobile technology available. With a variety of apps based on this technology scheduled for release in 2013, we anticipate this group will be a fantastic addition to our lineup. In 2012, while the company was still in the R&D phase and borrowing money to sustain operations, it was strategically decided to temporarily forego the very expensive process of filing
quarterly audits. The company filed the appropriate SEC paperwork and became a fully self reporting company. We have continued to post our quarterly and annual financial statements and are a member in good standing on the OTC Markets Pink Current Information tier. Investors looking to find the latest information can visit our website or
http://www.otcmarkets.com/stock/NTEK/filings. Once the company has turned profitable we intend to continue the audit process and upgrade to the OTCQX tier, filing our quarterly filings with the SEC once again. We have been asked about moving to NASDAQ board. Once the company meets the requirements of NASDAQ, including the $1.00 per share price we would apply for that move. We have received many questions about the funding of the company and our Q4 2012 and Q1 2013 filings. The company has continued to leverage credit lines and private placements to fund operations through the R&D phase. We continue to enjoy a strong relationship with our early
founders, investors and key investment partners that are continuing to help fund the operations of NanoTech until we reach profitability. In January, the company started to increase revenues as products have started to enter the market. In late December we published our 2013 forecasts and we anticipate reaching profitability in 2013 and becoming cash positive. The company will continue to publish the financials with Q4 being the last of our “R&D Phase” numbers scheduled to be posted before the open of Business this coming Monday. Many questions have been raised about our recent share reduction. In January the company retired over 190 million shares through a two phase plan where we negotiated private transactions with early investors. These shares were not purchased in the open market and all transactions were properly documented and reviewed by counsel. The company was not required to file any notices with the SEC as these shares were not purchased in the open market. Investors wishing to know our share structure are always welcome to visit our website, view our information at otcmarkets.com, or contact our transfer agent directly. We keep the sites current
and our transfer agent has instructions to provide the information on our share structure to investors that call. We never put a gag order on that type of information. The company currently has no plans for any further reduction in shares or any type of stock split. The company has recently been asked by many investors to comment on the activities that take place on various chat forums that focus on investments. While we appreciate that there are lengthy discussions about the company on these forums, we do not participate on these forums and do not have any influence over the content of them or how they are run. The company does not involve itself in these forums and will not respond to questions about users or discussion thread particulars, and refers to the operators of the forums for anything related to the forums. NanoTech’s stock has grown significantly since mid-November, from $0.0008 to the most recent closing of $0.0138. In the past week, the price had seen closing as high as $0.0245, and has had
a drop in the past couple of days with what appears to be some major selling by investors looking to take profits. We have had many calls with investors asking if there is some sort of corporate action behind the drop in share price. NanoTech does not have influence over the market and what price investors are willing to sell their shares at. We do feel that given the continuous growth in price over the past two weeks that a pullback is a very normal and expected action. Every share sold, also has a new buyer, and we welcome those new buyers to the NanoTech family, and are excited as we see a new stronger basis for the investors of NanoTech. We thank those that bought and sold our stock for their investment in NanoTech. NanoTech has not and is not participating in any marketing programs related to our stock. One of the most common questions we are asked is about “news” and when we are going to publish more. NanoTech does not schedule news releases, but rather we publish news as it
happens. We do not comment on partnerships that are in negotiations or products that the planning phase and have not been made public. We would ask that investors not continually ask us about our next big announcements because we simply cannot comment on any speculative news. Our PR team is very diligent in quickly disseminating news about the company and investors can be assured as significant events happen they will be announced in a timely fashion. The company intends on having its annual shareholders meeting in June of 2013, and will invite shareholders to that meeting. We intend to make the meeting available to online visitors as well as physical attendees and will send out notice early in Q2 with the details for the meeting.
The Board of Directors, Management team and NanoTech staff are very excited about the continued exposure in the investment community. We look forward to the coming weeks and months as we continue to grow the business and make more announcements about products, contracts and business deals that will continue the expansion of the company and provide ongoing rewards for our investors and shareholders.”
Feb. 25, 2013 NTEK today announced the appointment of Alexander "LX" Rudis as NanoTech's Senior Vice President of Product Development. Mr. Rudis brings more than 25 years of relevant industry experience to his new role having previously served with entertainment and gaming giants including Atari, Konami and Sony.
March 1, 2013 NANOTECH GAMING LABS, today announced the debut of its first Video Redemption Game, JUMPER will be at the Amusement Expo 2013 in Las Vegas NV. The Amusement Expo will be held from March 20, 2013 to March 22, 2013 at the Las Vegas Convention Center.
March 6, 2013 NTEK today announced that the 2013 Annual Shareholders meeting will take place at 12:00 p.m. (PDT) on Saturday June 15, 2013 at Casino M8trix located at 1887 Matrix Blvd, San Jose, CA, 95110.
March 8, 2013 NTEK today announced that it will be launching a new channel, Inside NanoTech. The channel will feature interviews with various members of the staff providing details into the products and projects that they are working on, interviews with key customers discussing their success stories using NanoTech products, and demonstrations of NanoTech products and technology.
March 18, 2013 NTEK today announced that its Media division will bring a new NanoTech branded lifestyle channel, Clubben TV to a variety of platforms including Roku, Samsung SmartTV, iPhone and more. Clubben TV will feature short films, interviews, live feeds and music videos from the world of Electronic Dance Music (EDM).
March 20, 2013 NTEK today announced from the Amusement Expo 2013 that it has reached an exclusive agreement with London based Electrocoin Sales LTD to manufacture, sell and distribute its line of coin-op and gaming products. With many new products and technologies destined for the gaming market, NanoTech CEO Jeffrey A. Foley stated, "We are thrilled to be working with one of the most prestigious names in the European amusement business."
March 22, 2013 NTEK today announced from the Amusement Expo 2013 that it has reached an exclusive agreement with Fun Company to manufacture its line of coin-op and gaming products. On the heels of a tremendously successful Amusement Expo, NanoTech CEO Jeffrey A. Foley stated, "We are very excited to be working with Don and his team. They produce world class products and have a great understanding of this market. Their quality and attention to detail is very important to deliver to our customers."
March 25, 2013 NTEK NANOTECH GAMING LABS, wrapping up a successful three day Amusement Expo 2013 today announced the debut of its second Video Redemption Game, MASHER. Built on the same redemption gaming platform use for Jumper, Masher will expand the offering of video redemption and skill with prize offering machines from NanoTech.
April 19, 2013 NTEK today announced that its Media division will bring a new NanoTech branded channel, NanoTales, to a variety of platforms including Roku, Samsung SmartTV, iPhone, Android and more. NanoTales will feature illustrated audio books with classic children's stories and fairy tales read by a variety of authors from around the world.
April 25, 2013 NTEK today announced the appointment of Lorraine Cullivan as NanoTech's Manager of Investor Relations. Mrs. Cullivan brings direct investment industry experience to her new role having previously served with companies including Putnam Investments.
May 2, 2013 NTEK today announced the availability of its new channel, Inside NanoTech. The channel features monthly updates including: interviews with members of the staff providing details into the products and projects that they are working on, interviews with key customers discussing their success stories using NanoTech products, interviews with business partners and demonstrations of NanoTech products and technology.
May 6, 2013 NTEK today announced that it has released its Quarterly Financials for the period ending March 31, 2013 (Q3FY13). The report shows revenues are up 37% over projections. NanoTech also completed the third phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors authorized a share repurchase program under which the company repurchased 42 million shares of its outstanding common stock in a privately negotiated transaction designed to optimize resources and cash flow while reducing outstanding shares. So far in 2013 a total reduction of 238 million shares have been acquired by the company and returned to treasury.
May 7, 2013 NTEK today announced that its Media division will bring a new NanoTech branded channel, NanoBooks, to a variety of platforms including Roku, Samsung SmartTV, Apple TV and more. NanoBooks will feature a library of over 500 eBooks, published for reading on Television sets. The library will include literary classics, fiction, non-fiction, reference books and periodicals. Readers will be able to choose between free access in an ad supported model or subscribe for a low monthly fee for full, uninterrupted access to the library. Authors will also be able to publish their new works offering readers the latest books for a small onetime fee.
About NanoTech Entertainment
Headquartered in San Jose, CA, with operations in NV and MA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With three business units, focusing on Gaming, Media & IPTV and Mobile Apps, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech
Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
NanoTech Entertainment (OTCPINK: NTEK) trades on OTC Pink, the open marketplace for a wide spectrum of equity securities. Investors can find real-time quotes and market information at www.otcmarkets.com.
"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. All other marks are the property of their respective owners. "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved
Contact: Lorraine Cullivan
Phone: (408) 414-7355
Email: pr@nanotechent.com
IF YOU WANT TO LEARN THE TRUTH ABOUT NTEK TAKE THE TIME TO READ THIS! THE TRUTH WILL SET YOU FREE. JUST THE FACTS! ALL PUBLIC DOCUMENTS. DUE DILIGNCE DONE FOR YOU.
NanoTech Entertainment Notes From the Far North:
From Beautiful Wasilla, Alaska.
NANO TECH ENTERTAINMENT (OTC PINKS: NTEK)
Nano Tech a 7 year old company with a newly established presence in the Silicon Valley has significantly improved the overall landscape of up-and-coming investment opportunities available on the (OTC PINK SHEETS: NTEK). Nano Tech is turning heads, and gaining the attention of savvy investors and several well known names from the High Tech gaming industry (signing on as Board of Directors). Nano Tech has matured beyond its debutant status into a robust and mature company. CEO, Jeff Foley with an experienced team of award winning engineers have the technical skills along with the creativity and vision to change the way future generations will entertain themselves through the integration of their three pronged attack / business plan.
Nano Tech proudly boasts 3 distinctive divisions: Nano Tech Gaming Labs, NanoTech IPTV and Media, and Nano Tech Mobile & Communications. All three divisions are stand alone and solid businesses individually; however, NTEK’s creative vision, genius and resulting business plan clearly demonstrates that leadership has a larger picture in mind. Alan Stone, former executive for Nintendo and President / CEO of Sega and current NTEK Board of Director has expressed the real strength of the company lies as their ability to fuse these three divisions into a synergistic whole. Their vision and creative ideology has already compelled them into developing ground breaking proprietary technology to bring their creations to life. CEO Foley’s job is to keep the NTEK team focused, foster creativity, and to maintain their position on the “technology development” cutting-edge. As each problem is solved, and a higher level achieved, new knowledge and skills along with creativity propels NTEK engineers to new, higher, and more sophisticated levels. Success breeding more success and at higher levels while reaping the benefits of proprietary rights of those new technologies summarizes best what is happening in the labs at NTEK. Moreover, their interests are in the multi-billion dollar industries!
The company has a unique business model and has a diverse portfolio of products and technology. Nano Tech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
Below I have compiled public documents that should be more than adequate to form a good understanding and opinion as to whether or not Nano Tech Entertainment is a company that would meet your investing criteria. Although not exhaustive, I will share a few of the many highlights and a chronology of the most significant milestones NanoTech has achieved over the last year. It took me many months and many hours to find and read all of this material; however, if you are interested in conducting some Due Diligence I have gathered a good hour worth of reading material for your convenience. These press releases clearly demonstrate NTEK’s transparent execution of a well thought out business plan and a high tech monster company in the making. In my honest opinion Nano Tech has “under promised and over performed.” It is rare to find such a transparent company with a cohesive plan at this valuation level regularly meeting or exceeding their business plan and goals. It is also my opinion that Nano Tech Entertainment is going to be a huge going concern for a long, long time, get in on the ground floor! I do not apologize for being an ardent supporter and investor in NTEK. They meet my criteria and risk assessment approval. Make your investment decisions based on your own risk assessment and Due Diligence. I humbly offer these public documents, Press Releases (PR) available to all (and claim no credit for their creation) in an easy to read compilation to assist you in your research.
I have chosen the PR’s below because I believe they best represent what CEO Jeffrey Foley promised and delivered based on the open letter to the shareholders immediately below. Good luck! Each PR below represents another avenue for positive revenue streams. NTEK is diversified and highly organized in its business plan.
In July of 2012 in an open letter to shareholders, recently appointed Chairman and CEO Jeffrey A. Foley gave the following information about NanoTech.
In the past four months, NanoTech Entertainment has undertaken a significant and successful restructuring of the company in an effort to increase its business and expand its offerings of services and product lines. In doing so, the company expects to meet or exceed current revenue projections. We are very pleased to announce that we have made significant progress establishing business and strategic relationships with industry leading organizations. Our goal for the coming year is to create a diverse portfolio of technology and assets, with a focus on the biggest revenue and growth markets in the entertainment sector. This will be achieved by a combination of strategic partnerships and M&A work that started last year. Shareholders can expect to see several major announcements in the following weeks and months in support of these programs.
July 30, 2012 NTEK is pleased to announce it has entered into a strategic partnership to expand into the Television, Internet Protocol Television (IPTV), and Mobile Video markets. NanoTech Entertainment will be entering the market with its revolutionary new proprietary technology as well as distinctly fresh original content. NanoTech's customer base will explode as the viewing public will not rely just on satellite and cable providers, but instead utilize the internet and mobile networks to watch NanoTech's Video On Demand (VOD) content.
Aug. 1, 2012 NTEK today has announced its first ever television show - "Adam Curry's Big App Show," is now available and prominently featured on the Roku IPTV platform. This daily video features reviews of new and interesting apps for iPhone, iPad and Android devices narrated by Adam Curry, who became an overnight media sensation as a VJ on MTV in the late 1980s.
Oct. 10, 2012 NTEK today announced it has entered into an agreement with Global Media Enterprises giving NanoTech distribution rights for the "On The Mike" Celebrity Entertainment show as well as other future programs created by Global Media.
Oct. 11, 2012 NTEK is pleased to announce it has completed a multi-million dollar partnership agreement with private investment firm FS Global Capital, for a stake in its privately held mobile app development company. The partnership will allow NanoTech to quickly expand into mobile phone and tablet app market. NanoTech will leverage its revolutionary new proprietary technology in several exciting new apps to be released this fall. NanoTech's customer base will greatly expand as it releases unique "must have" apps for Android, iPhone and BlackBerry customers, which dominate the multi-billion dollar global app market.
NanoTech Entertainment (NTEK) Releases Proprietary 3D TV Library.
Nov. 5, 2012: NTEK today announced it has completed its development of a new proprietary technology, NanoFlix3D.
NanoTech Media, the IPTV division of NanoTech Entertainment, is now offering content providers and publishers a unique set of tools for the creation of fully immersion 3D TV Channels and Smart TV apps. NanoFlix3D is now available on the Roku IPTV platform, and will be available on Samsung Smart TV, LG Smart TV as well as several other platforms.
Dec. 11, 2012: NTEK today announced four new products for 2013, Jumper™, Masher™, Pinball Wizard 2 ™ XBOX® and Pinball Wizard 2 ™ PlayStation®. The new line-up is a mix of games and game controllers featuring some of NanoTech's newest gaming technology.
Dec. 14, 2012 NTEK today announced it has completed its development of the next version of its proprietary technology, NanoFlix.
NanoTech Media, the IPTV division of NanoTech Entertainment, is now offering content providers and publishers a unique set of tools for the distribution of video content across multiple platforms with a variety of features consumers have asked for. NanoFlix is now available on the Roku IPTV platform, as well as all desktop computers including MAC and PC, and tablets and mobile phones running either the iOS or Android operating systems, including the iPad and iPhone.
NanoTech Entertainment (NTEK) Partners With 3D Crave
Jan. 9, 2013 NTEK today announced from the CES in Las Vegas that it has completed a development contract with 3D Crave to provide its proprietary Side By Side user interface technology to 3D Crave for their upcoming Roku Channel.
NanoTech Entertainment (NTEK) Partners With Que Pasa TV
Jan. 10, 2013 NTEK today announced from the CES in Las Vegas that it has completed a partnership agreement to launch the upcoming Que Pasa TV channel. Que Pasa TV will provide Latino centric programming including local Latino community programming, On-Demand viewing of Latino cultural shows and movies, and Streaming of Live events including concerts.
NanoTech Entertainment (NTEK) Expands TV Apps Library With New Acquisition
Jan. 11, 2013: NTEK today announced from the CES in Las Vegas that it has completed a partnership agreement giving it exclusive sales and distribution rights to a library of IPTV apps developed by Silicon Valley development team Yungblood Enterprises. The Library includes a variety of information, social and gaming applications for the new generation of TV's and set top boxes.
NanoTech Entertainment (NTEK) Partners With EB2 Global Manufacturing
Jan. 16, 2013 NTEK today announced that after successful negotiations last week during the CES conference it has completed a long term partnership agreement with EB2 Global Manufacturing. The comprehensive agreement provides a multitude of benefits for both companies. Established in 1988 and located in the Guangdong Province, the most populated province in China, EB2 operates its own 50,000 ft2 manufacturing plant with over 250 employees. EB2 also has a distribution and sales network that covers all of Asia.
NanoTech Entertainment (NTEK) Selects Creative Pill For Next Generation
Jan. 18, 2013 NTEK today announced it has selected Romanian based Creative Pill Design Studio as the firm to develop the industrial designs on its upcoming consumer product releases. "The Creative Pill team uses the latest 3D tools and employs state of the art methods for the design process," stated Vlad Lorgulescu Founder and Lead Designer. "Many firms offer a sleek design package, but have no understanding of how to take a creative vision and actually manufacture it. We provide a complete process solution delivering design files that can be read directly by the factory to immediately go into production."
NanoTech Entertainment (NTEK) Completes Buyback Of Ten Percent Of Its Common Stock
Jan. 25, 2013 NTEK today announced that it has completed the first phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company plans to repurchase a total of roughly 25% of its outstanding common stock on the open market or in privately negotiated transactions. The program identified two stages, whereby a total 75 million shares would be acquired in phase one and 120 million shares would be acquired in phase two.
Former Nintendo & Sega CEO and President Joins NanoTech Entertainment (NTEK) Board of Directors
Jan. 29, 2013 NTEK today announced Alan D. Stone has joined the Board of Directors of NanoTech Entertainment and the advisory board of the NanoTech Gaming Labs division.
Feb. 1, 2013 NTEK today announced that it has now completed the second phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company repurchased 25% of its outstanding common stock from the open market and in privately negotiated transactions. The program identified two stages, whereby a total of 195 million shares were acquired. The company had completed the phase one buyback on January 25th 2013 and has now completed the phase two buyback.
Feb. 7, 2013 NTEK today announced the expansion of its online infrastructure in preparation of the release of several upcoming Cloud Based IPTV and Mobile Phone Applications. NanoTech has signed a multi-year contract with Hurricane Electric for use of its new datacenter in Fremont, CA. NanoTech will be installing state of the art servers with a significant expansion into the new data center, Fremont 2. The move will enable NanoTech to keep pace with strong demand for its Internet based media services and products.
Feb. 13, 2013: NTEK today announced the completion of its expansion to Silicon Valley with the opening of a new headquarters in San Jose, CA. NanoTech has signed a multi-year lease for the multi-use building which contains office space, R&D facilities and warehouse space.
February 15, 2013 NANOTECH ENTERTAINMENT (NTEK) RELEASES LETTER TO SHAREHOLDERS:
CEO Answers Questions about Company, Expansion and Stock
I would like to take this opportunity to update shareholders about recent announcements and our support in the market. In an open letter to shareholders, Chairman and CEO Jeffrey A. Foley made the following statements about NanoTech.
“NanoTech Entertainment has made remarkable strides in the expansion of our business in the past three months. We have moved out of the R&D phase of the company, and have begun to build and ship products, deliver and license technology, and expand and upgrade our facilities and infrastructure. Based on NTEK’s stock performance in the past two months, the last two days of downward sell offs has triggered a plethora of calls and emails to the company, mostly based on unfounded fears. NanoTech is a real company with real products and real employees who have invested many years to bring the company to its current state. Our team has invested their time and efforts far beyond the call of duty and they are the foundation of our great company. We have recently added some high profile industry veterans to our directors and staff, and we are continuing to expand our staff at every level. Our team members include well known industry professionals with great relationships and connections in our markets. Our NanoTech Gaming Labs products are for sale with multiple vendors and distributors. We have already sold thousands of our pinball controllers and continue to establish ourselves as a leading provider of digital pinball technology. Our new XBOX and PlayStation Pinball Wizard 2 gaming controller is in the design phase and we plan to be shipping them in the first half of 2013. Our new redemption games are in testing now, and we will be showing them off at upcoming industry trade shows and offering them for sale through a network of worldwide distributors. NanoTech Media products, including NanoFlix and NanoFlix3D have already been deployed in working live channels on many platforms including Roku, Samsung SmartTV, iPhone, iPad,
Android, PC and MAC. The BigAppShow, running on the NanoFlix engine, has already served hundreds of thousands of episodes to users. We have recently expanded our Media group and several more channels based on the NanoFlix technology will be hitting the market this quarter. The NanoTech Communications team is in the early stages of testing multiple mobile apps that will be released in Q2 of this year. The team has been hard at work creating some of the most innovative mobile technology available. With a variety of apps based on this technology scheduled for release in 2013, we anticipate this group will be a fantastic addition to our lineup. In 2012, while the company was still in the R&D phase and borrowing money to sustain operations, it was strategically decided to temporarily forego the very expensive process of filing
quarterly audits. The company filed the appropriate SEC paperwork and became a fully self reporting company. We have continued to post our quarterly and annual financial statements and are a member in good standing on the OTC Markets Pink Current Information tier. Investors looking to find the latest information can visit our website or
http://www.otcmarkets.com/stock/NTEK/filings. Once the company has turned profitable we intend to continue the audit process and upgrade to the OTCQX tier, filing our quarterly filings with the SEC once again. We have been asked about moving to NASDAQ board. Once the company meets the requirements of NASDAQ, including the $1.00 per share price we would apply for that move. We have received many questions about the funding of the company and our Q4 2012 and Q1 2013 filings. The company has continued to leverage credit lines and private placements to fund operations through the R&D phase. We continue to enjoy a strong relationship with our early
founders, investors and key investment partners that are continuing to help fund the operations of NanoTech until we reach profitability. In January, the company started to increase revenues as products have started to enter the market. In late December we published our 2013 forecasts and we anticipate reaching profitability in 2013 and becoming cash positive. The company will continue to publish the financials with Q4 being the last of our “R&D Phase” numbers scheduled to be posted before the open of Business this coming Monday. Many questions have been raised about our recent share reduction. In January the company retired over 190 million shares through a two phase plan where we negotiated private transactions with early investors. These shares were not purchased in the open market and all transactions were properly documented and reviewed by counsel. The company was not required to file any notices with the SEC as these shares were not purchased in the open market. Investors wishing to know our share structure are always welcome to visit our website, view our information at otcmarkets.com, or contact our transfer agent directly. We keep the sites current
and our transfer agent has instructions to provide the information on our share structure to investors that call. We never put a gag order on that type of information. The company currently has no plans for any further reduction in shares or any type of stock split. The company has recently been asked by many investors to comment on the activities that take place on various chat forums that focus on investments. While we appreciate that there are lengthy discussions about the company on these forums, we do not participate on these forums and do not have any influence over the content of them or how they are run. The company does not involve itself in these forums and will not respond to questions about users or discussion thread particulars, and refers to the operators of the forums for anything related to the forums. NanoTech’s stock has grown significantly since mid-November, from $0.0008 to the most recent closing of $0.0138. In the past week, the price had seen closing as high as $0.0245, and has had
a drop in the past couple of days with what appears to be some major selling by investors looking to take profits. We have had many calls with investors asking if there is some sort of corporate action behind the drop in share price. NanoTech does not have influence over the market and what price investors are willing to sell their shares at. We do feel that given the continuous growth in price over the past two weeks that a pullback is a very normal and expected action. Every share sold, also has a new buyer, and we welcome those new buyers to the NanoTech family, and are excited as we see a new stronger basis for the investors of NanoTech. We thank those that bought and sold our stock for their investment in NanoTech. NanoTech has not and is not participating in any marketing programs related to our stock. One of the most common questions we are asked is about “news” and when we are going to publish more. NanoTech does not schedule news releases, but rather we publish news as it
happens. We do not comment on partnerships that are in negotiations or products that the planning phase and have not been made public. We would ask that investors not continually ask us about our next big announcements because we simply cannot comment on any speculative news. Our PR team is very diligent in quickly disseminating news about the company and investors can be assured as significant events happen they will be announced in a timely fashion. The company intends on having its annual shareholders meeting in June of 2013, and will invite shareholders to that meeting. We intend to make the meeting available to online visitors as well as physical attendees and will send out notice early in Q2 with the details for the meeting.
The Board of Directors, Management team and NanoTech staff are very excited about the continued exposure in the investment community. We look forward to the coming weeks and months as we continue to grow the business and make more announcements about products, contracts and business deals that will continue the expansion of the company and provide ongoing rewards for our investors and shareholders.”
Feb. 25, 2013 NTEK today announced the appointment of Alexander "LX" Rudis as NanoTech's Senior Vice President of Product Development. Mr. Rudis brings more than 25 years of relevant industry experience to his new role having previously served with entertainment and gaming giants including Atari, Konami and Sony.
March 1, 2013 NANOTECH GAMING LABS, today announced the debut of its first Video Redemption Game, JUMPER will be at the Amusement Expo 2013 in Las Vegas NV. The Amusement Expo will be held from March 20, 2013 to March 22, 2013 at the Las Vegas Convention Center.
March 6, 2013 NTEK today announced that the 2013 Annual Shareholders meeting will take place at 12:00 p.m. (PDT) on Saturday June 15, 2013 at Casino M8trix located at 1887 Matrix Blvd, San Jose, CA, 95110.
March 8, 2013 NTEK today announced that it will be launching a new channel, Inside NanoTech. The channel will feature interviews with various members of the staff providing details into the products and projects that they are working on, interviews with key customers discussing their success stories using NanoTech products, and demonstrations of NanoTech products and technology.
March 18, 2013 NTEK today announced that its Media division will bring a new NanoTech branded lifestyle channel, Clubben TV to a variety of platforms including Roku, Samsung SmartTV, iPhone and more. Clubben TV will feature short films, interviews, live feeds and music videos from the world of Electronic Dance Music (EDM).
March 20, 2013 NTEK today announced from the Amusement Expo 2013 that it has reached an exclusive agreement with London based Electrocoin Sales LTD to manufacture, sell and distribute its line of coin-op and gaming products. With many new products and technologies destined for the gaming market, NanoTech CEO Jeffrey A. Foley stated, "We are thrilled to be working with one of the most prestigious names in the European amusement business."
March 22, 2013 NTEK today announced from the Amusement Expo 2013 that it has reached an exclusive agreement with Fun Company to manufacture its line of coin-op and gaming products. On the heels of a tremendously successful Amusement Expo, NanoTech CEO Jeffrey A. Foley stated, "We are very excited to be working with Don and his team. They produce world class products and have a great understanding of this market. Their quality and attention to detail is very important to deliver to our customers."
March 25, 2013 NTEK NANOTECH GAMING LABS, wrapping up a successful three day Amusement Expo 2013 today announced the debut of its second Video Redemption Game, MASHER. Built on the same redemption gaming platform use for Jumper, Masher will expand the offering of video redemption and skill with prize offering machines from NanoTech.
April 19, 2013 NTEK today announced that its Media division will bring a new NanoTech branded channel, NanoTales, to a variety of platforms including Roku, Samsung SmartTV, iPhone, Android and more. NanoTales will feature illustrated audio books with classic children's stories and fairy tales read by a variety of authors from around the world.
April 25, 2013 NTEK today announced the appointment of Lorraine Cullivan as NanoTech's Manager of Investor Relations. Mrs. Cullivan brings direct investment industry experience to her new role having previously served with companies including Putnam Investments.
May 2, 2013 NTEK today announced the availability of its new channel, Inside NanoTech. The channel features monthly updates including: interviews with members of the staff providing details into the products and projects that they are working on, interviews with key customers discussing their success stories using NanoTech products, interviews with business partners and demonstrations of NanoTech products and technology.
May 6, 2013 NTEK today announced that it has released its Quarterly Financials for the period ending March 31, 2013 (Q3FY13). The report shows revenues are up 37% over projections. NanoTech also completed the third phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors authorized a share repurchase program under which the company repurchased 42 million shares of its outstanding common stock in a privately negotiated transaction designed to optimize resources and cash flow while reducing outstanding shares. So far in 2013 a total reduction of 238 million shares have been acquired by the company and returned to treasury.
May 7, 2013 NTEK today announced that its Media division will bring a new NanoTech branded channel, NanoBooks, to a variety of platforms including Roku, Samsung SmartTV, Apple TV and more. NanoBooks will feature a library of over 500 eBooks, published for reading on Television sets. The library will include literary classics, fiction, non-fiction, reference books and periodicals. Readers will be able to choose between free access in an ad supported model or subscribe for a low monthly fee for full, uninterrupted access to the library. Authors will also be able to publish their new works offering readers the latest books for a small onetime fee.
About NanoTech Entertainment
Headquartered in San Jose, CA, with operations in NV and MA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With three business units, focusing on Gaming, Media & IPTV and Mobile Apps, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech
Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
NanoTech Entertainment (OTCPINK: NTEK) trades on OTC Pink, the open marketplace for a wide spectrum of equity securities. Investors can find real-time quotes and market information at www.otcmarkets.com.
"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. All other marks are the property of their respective owners. "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved
Contact: Lorraine Cullivan
Phone: (408) 414-7355
Email: pr@nanotechent.com
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