NanoTech Entertainment Inc (NTEK)

[fuja21]

Okay if you insist to understand here is the facts:

1. Significantly lower operating costs and management time commitment for compliance and reporting activities. Sarbanes-Oxley Act compliance is also no longer needed.

2. D&O insurance costs may be decreased

3. Less public scrutiny and disclosure, making it easier to keep confidential such matters as competitive business information. Absolute key in the Gaming sector!

4. The company will have greater freedom to explore possible extraordinary corporate transactions. Hint ...UltraFlix Media Group.

5. Corporate governance requirements can be simplified. For example, it would not be necessary to have a majority of independent directors and the board of directors may be decreased in size. Hence NTEK has a dream team in place to carry this to the next level!