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


 


 

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#35349  Sticky Note With NTGL you buy a share in literally shajandr 11/23/17 03:02:56 PM
#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 - Zorax 01/17/17 09:18:01 PM
#35481   7/9 - Total volume = 0 shares. Total shajandr 07/09/18 10:58:59 PM
#35480   7/3 - Total volume = 100 shares @ 0.0017 shajandr 07/04/18 01:30:38 PM
#35479   $$ NTGL $$ 100% UP BIG TIME AGAIN THE_BAMFACTSTER!! 06/26/18 04:12:59 PM
#35478   Which nanosux employee threw out 25 bucks to Zorax 06/22/18 12:31:29 AM
#35477   $$ NTGL $$ 100% UP BIG TIME AGAIN THE_BAMFACTSTER!! 06/09/18 02:07:54 PM
#35476   Looks sub penny red to me. Ranchersw 06/09/18 09:00:38 AM
#35475   $$ NTGL $$ 100% UP BIG TIME AGAIN THE_BAMFACTSTER!! 06/07/18 06:08:46 PM
#35474   6/6 - total volume = ZERO again. shajandr 06/07/18 01:00:36 AM
#35473   6/4 - total volume = ZERO again. shajandr 06/04/18 11:34:00 PM
#35472   Since ZERO shares have traded in the past shajandr 06/03/18 11:25:44 PM
#35471   $$ NTGL $$ 100% UP BIG TIME AGAIN THE_BAMFACTSTER!! 06/03/18 10:00:54 PM
#35470   When a company is revoked can the ticker Zorax 06/03/18 05:51:28 PM
#35469   Unlike CETK, the NTGL corporate existence was REVOKED </ shajandr 06/03/18 02:37:21 PM
#35468   For those around long enough to remember, this skitahoe 06/03/18 02:16:35 AM
#35467   Since ZERO shares have traded in the past shajandr 06/02/18 04:23:48 PM
#35466   $$ NTGL $$ 100% UP BIG TIME AGAIN THE_BAMFACTSTER!! 06/02/18 12:50:40 PM
#35465   6/1- total volume = ZERO again. shajandr 06/02/18 12:21:39 AM
#35464   $$ NTGL $$ 100% UP BIG TIME AGAIN THE_BAMFACTSTER!! 06/01/18 10:16:41 PM
#35463   [pre] It is said that n-t-gl traded today and Zorax 06/01/18 07:02:31 PM
#35462   $$ NTGL $$ 100% UP BIG TIME THE_BAMFACTSTER!! 06/01/18 03:40:49 PM
#35461   5/31- total volume = ZERO again. shajandr 06/01/18 04:30:30 AM
#35460   Can you imagine putting your life savings into Zorax 05/31/18 11:27:32 PM
#35459   Alan, why is it that n-t=gl pps keeps Zorax 05/31/18 11:21:21 PM
#35458   $$ NTGL $$ UP BIG TIME AGAIN TODAY THE_BAMFACTSTER!! 05/31/18 01:50:04 AM
#35457   Imagine the poor shareholder-victims that bought this pennyscam shajandr 05/30/18 06:42:52 PM
#35456   5/30- total volume = ZERO again. shajandr 05/30/18 06:31:49 PM
#35455   5/29 - total volume = ZERO>/b> again shajandr 05/29/18 05:19:55 PM
#35454   $$ NTGL $$ UP BIG TIME AGAIN TODAY THE_BAMFACTSTER!! 05/25/18 05:11:50 PM
#35453   5/23 - total volume = ZERO again shajandr 05/24/18 12:05:39 AM
#35452  Restored The same way people are making money and kbrod1 05/23/18 06:27:00 AM
#35451   UP BIG TIME AGAIN TODAY Zorax 05/23/18 01:37:26 AM
#35450   $$ NTGL $$ UP BIG TIME AGAIN TODAY THE_BAMFACTSTER!! 05/23/18 12:36:37 AM
#35449   Nice Post.. Goodbuddy4863 05/18/18 07:12:50 PM
#35448   5/18 - total volume = ZERO - no shajandr 05/18/18 04:03:21 PM
#35447   $$ NTGL LOOKING GREAT $$$ THE_BAMFACTSTER!! 05/13/18 01:24:12 PM
#35446   WronGGG! DOWN 19.55% shajandr 05/12/18 07:41:12 PM
#35444   $$ NTGL $$ UP BIG TIME AGAIN TODAY THE_BAMFACTSTER!! 05/12/18 01:13:01 AM
#35443   5/8 - total volume = ZERO - no shajandr 05/09/18 12:18:14 AM
#35442   $$ NTGL $$ UP BIG TIME AGAIN TODAY THE_BAMFACTSTER!! 05/03/18 05:55:45 PM
#35441   5/3 - Total volume = 100 shares @ shajandr 05/03/18 04:47:53 PM
#35440   $$ NTGL $$ UP BIG TIME AGAIN TODAY THE_BAMFACTSTER!! 05/02/18 11:54:57 PM
#35438   4/30 - ZERO shares traded again today shajandr 04/30/18 11:51:04 PM
#35436   $$ NTGL $$ Revenues are growing as business THE_BAMFACTSTER!! 04/30/18 02:10:13 PM
#35435   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 04/30/18 02:08:22 PM
#35434   BAM-BAM! And yett another ZERO VOLUME day. Zombie shajandr 04/26/18 06:59:17 PM
#35433   BAM! And yett another ZERO VOLUME day. Zombie shajandr 04/24/18 05:16:24 AM
#35432   BAM! And yett another ZERO VOLUME day. Zombie shajandr 04/24/18 05:16:23 AM
#35431   BAM! Yett another ZERO VOLUME day. Zombie ticker. shajandr 04/20/18 05:21:25 PM
#35430   Hard to be up when nothing changed in Zorax 04/17/18 07:05:26 PM
#35429   $$ NTGL $$ Zombie ticker with action.OOPS !! THE_BAMFACTSTER!! 04/10/18 04:54:18 PM
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