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Last Post: 9/23/2017 12:37:19 AM - Followers: 281 - Board type: Free - Posts Today: 0



 

NanoTech Completes Acquisition of High Velocity Enterprises, Inc.
Announces Corporate Reorganization and Management Plan

SAN JOSE, Calif., Feb. 2, 2015 /PRNewswire/ -- NanoTech Entertainment (OTCPINK: NTEK), an entertainment conglomerate leveraging technology to deliver state-of-the-art products and services, announced today that it has completed the acquisition of a controlling interest in High Velocity Enterprises, Inc. (HVEL) as part of an overall corporate reorganization. NTEK will place the NanoTech Gaming Labs division into HVEL which will include the division's IP portfolio and full gaming operations.

With the acquisition complete, NanoTech shareholders of record as of February 6, 2015 will be allocated shares in HVEL equivalent to their percentage of ownership in NTEK. Shares will be issued to NTEK shareholders upon effectiveness of a to be filed Form S-1 Registration Statement with the Securities and Exchange Commission ("SEC") pursuant to the Securities Act of 1933  as amended. NanoTech will strive to complete the shareholder allocation as soon as possible, but cannot provide a specific date of issuance until the transaction has been approved the appropriate regulatory authorities.

HVEL shareholders will benefit from the immediate acquisition of NanoTech Gaming Labs Staff, Technology, IP Portfolio and product line up.  HVEL will immediately change its name to NanoTech Gaming, Inc. ("NanoTech Gaming") and apply for a new ticker symbol to reflect the new name.  NTEK will retain the majority controlling interest in NanoTech Gaming.

Alan Stone, is the new Chairman and CEO of NanoTech Gaming where he will focus on licensing the portfolio of IP and the acquisition of global gaming licenses as well as the manufacture and distribution of gaming products.  Alan and the other board members will be joined by Aaron Hightower, Senior VP of Gaming Technology who has accepted a board seat. 

As part of NanoTech's new corporate reorganization and management plan, Peter Riordan, previously NanoTech's Vice President of Strategic Planning, has been named the new CEO of NanoTech Entertainment and has been appointed to the Board of Directors. In his new position, Peter will focus on the overall corporate strategy, completing the audit process and up listing. He will also provide support for each business unit head to facilitate their continued success in their various endeavors. Jeff Foley, NanoTech's former CEO, remains on Board of Directors and will be focusing on expanding the licensing of several of the company's patent pending technologies and franchising opportunities.  Riordan noted, "I've been fortunate to work with Jeff, Al and Ted over the past year in formulating a plan to take NanoTech to the next level.  We have performed well on all fronts in our transition from the R&D phase to product delivery.  By reorganizing the management structure to have each business unit have a focused set of goals and leadership, we believe that we can bring the greatest value to our shareholders this year." 

The goal of NanoTech's corporate reorganization and management plan is to optimize business opportunities by leveraging staff skill-sets, maximizing revenues and shareholder value. Key objectives include focusing on how to complete audits for each division and how to organize the management structure to best serve the business as a whole. To these ends, a new corporate governance oversight board has also been created and details will be released with the new FY2015 business plan in the coming weeks.  Riordan closed by stating, "I, along with other shareholders want to thank Al, Jeff and Ted for having the foresight to expand the business and to setup each business unit for maximizing results and increasing value.  I look forward to 2015 and beyond as we make significant strides in each market segment that we are in, complete audits and up listings further shareholder value."
http://www.prnewswire.com/news-releases/nanotech-completes-acquisition-of-high-velocity-enterprises-inc-300029304.html

 



NTGL's buffoonish ex-President, Aaron Hightower 'working' at the NTGL Romper Room playhouse before he was fired:













NanoTech (Parent Co.): http://nanotechent.com/
Website: https://ntek.com/gaming.php 
Facebook: https://www.facebook.com/ntekgl

Nanotech Gaming, Inc. (NTGL) is REVOKED. The corporation no longer exists.


 


 

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PostSubject
#34924  Sticky Note $$ NTGL $$ Street is EAZY Street ..... THE_BAMFACTSTER!! 01/18/17 08:58:23 AM
#34922  Sticky Note Yes Still trades. OOPS !! LOL !! Correct - KittP 01/17/17 09:18:01 PM
#32131  Sticky Note NTGL "10-Q like" "filing" is ~OUTT on OTCMarkets.com shajandr 08/19/15 03:57:03 AM
#35316   Welp, we shorties must be makin' lots of money... CRAZY $$$ 09/23/17 12:37:19 AM
#35315   Volume: 0 CRAZY $$$ 09/23/17 12:35:49 AM
#35314   $$$ NTGL $$$ NICE GREEN DAY !! NTGL THE_BAMFACTSTER!! 09/21/17 06:00:55 PM
#35313   Just look at all this non money being made. KittP 09/21/17 05:40:53 PM
#35312   Down big time still again for the month KittP 09/21/17 05:40:05 PM
#35311   $$$ NTGL $$$ NICE GREEN DAY !! NTGL THE_BAMFACTSTER!! 09/20/17 06:42:37 PM
#35310   FINRA short sales of NTGL AlanC 09/19/17 07:07:42 PM
#35309   Down big time still again for the month KittP 09/14/17 05:48:25 PM
#35308   FINRA short sales of NTGL AlanC 09/13/17 05:51:01 PM
#35307   NTGL REVOKED!!! BAM!! FACT!! Indisputable FACT!!! shajandr 09/13/17 02:14:47 PM
#35306   $$$ NTGL STILL TRADING !! OOPS !! LOL !! THE_BAMFACTSTER!! 09/13/17 09:37:04 AM
#35305   NTGL REVOKED!!! BAM!! FACT!! shajandr 09/13/17 01:41:51 AM
#35304   $$$$ NTGL $$$$ Been hearing NTGL and sister THE_BAMFACTSTER!! 09/12/17 07:21:30 PM
#35303   FINRA short sales of NTGL AlanC 09/12/17 06:12:09 PM
#35302   Down big time still again for the month KittP 09/07/17 04:02:09 PM
#35301   0.0025 - many days with zero volume - shajandr 09/07/17 02:15:53 PM
#35300   Down big time still again for the month KittP 09/06/17 06:36:32 PM
#35299   Down big time still again for the month KittP 08/31/17 06:16:28 PM
#35298   FINRA short sales of NTGL AlanC 08/28/17 06:58:38 PM
#35297   NTGL REVOKED!!! BAM!! FACT!! shajandr 08/27/17 04:50:00 AM
#35296   $$$$ NTGL $$$$ Been hearing NTGL and sister THE_BAMFACTSTER!! 08/25/17 11:53:22 PM
#35295   0.0035 - munny being LOST everyday by those shajandr 08/25/17 04:16:52 PM
#35294   $$$$ NTGL $$$$ Been hearing NTGL and sister THE_BAMFACTSTER!! 08/21/17 08:31:03 PM
#35293   Down big time still again for the month KittP 08/21/17 08:28:51 PM
#35292   Another zero volume day on this defunct, revoked shajandr 08/21/17 04:52:54 PM
#35291   $$$$ NTGL $$$$ Been hearing NTGL and sister THE_BAMFACTSTER!! 08/20/17 12:47:55 PM
#35290   FINRA short sales of NTGL AlanC 08/18/17 07:06:40 PM
#35289   Where's Alan's short report? kbrod1 08/15/17 08:39:39 PM
#35288   Down big time still again for the month KittP 08/15/17 05:27:23 PM
#35287   FINRA short sales of NTGL AlanC 08/11/17 07:04:09 PM
#35286   FINRA short sales of NTGL AlanC 08/10/17 07:51:44 PM
#35285   FINRA short sales of NTGL AlanC 08/09/17 07:02:10 PM
#35284   FINRA short sales of NTGL AlanC 08/08/17 06:49:47 PM
#35283   FINRA short sales of NTGL AlanC 08/07/17 08:00:59 PM
#35282   FINRA short sales of NTGL AlanC 08/04/17 06:07:33 PM
#35281   FINRA short sales of NTGL AlanC 08/03/17 07:09:40 PM
#35280   $$$$ NTGL $$$$ Been hearing NTGL and sister THE_BAMFACTSTER!! 07/29/17 09:48:36 AM
#35279   Not for long. Both companies are going to KittP 07/28/17 08:23:39 PM
#35278   $$$ NTGL $$$ Sister company NTEK is headed THE_BAMFACTSTER!! 07/26/17 01:49:16 PM
#35277   Meow is still waiting for those. How a Meow D itchy Kitty 07/25/17 12:31:04 AM
#35275   You ever get your NTGL shares? CRAZY $$$ 07/24/17 04:43:27 PM
#35274   Down big time still again for the month KittP 07/18/17 06:00:42 PM
#35273   Welp, the experts - very experienced, knowledgeable experts shajandr 07/16/17 05:20:33 AM
#35272   Meow is more interested in which hedge fund Meow D itchy Kitty 07/15/17 11:51:34 PM
#35271   AlanC, any idea of how many of the shajandr 07/14/17 05:08:35 PM
#35270   Down big time still again for the month KittP 07/13/17 05:27:51 PM
#35269   Down big time still again for the month KittP 07/12/17 05:41:21 PM
#35268   Down big time still again for the month KittP 07/11/17 10:35:42 PM
#35267   Maybe David Foley will buy NTGL... and sqeeze shorty CRAZY $$$ 07/10/17 08:59:09 PM
#35266   NTGL shorts covering yet? CRAZY $$$ 07/10/17 08:56:36 PM
PostSubject