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Last Post: 12/16/2017 9:58:05 AM - Followers: 277 - Board type: Free - Posts Today: 3



 

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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PostSubject
#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 - KittP 01/17/17 09:18:01 PM
#35374   >> Wash trade to reduce the shorts carrying DrContango 12/16/17 09:58:05 AM
#35373   Wash trade to reduce the shorts carrying costs. AlanC 12/16/17 09:36:32 AM
#35372   Nanotech Gaming, Inc (NTGL) shajandr 12/16/17 02:29:10 AM
#35371   Why do you suppose the ask keeps going AlanC 12/15/17 11:26:11 AM
#35370   The worthless stock trades butt there is no shajandr 12/15/17 10:20:02 AM
#35369   $$ NTGL $$ Still trades so it still THE_BAMFACTSTER!! 12/14/17 09:52:02 PM
#35368   So sorry dude, butt NTGL doesn't exist except shajandr 12/14/17 09:38:20 PM
#35367   $$ NTGL $$ WRONG shajandr .......that is not THE_BAMFACTSTER!! 12/14/17 12:21:24 PM
#35366   FINRA short sales of NTGL AlanC 12/11/17 09:35:56 PM
#35365   ALL trades in zombie ticker NTGL are by shajandr 12/08/17 02:41:36 AM
#35364   FINRA short sales of NTGL AlanC 12/07/17 08:16:23 PM
#35363   News update: NTGL no longer exists. shajandr 12/03/17 11:00:11 AM
#35362   $$ NTGL $$ NEWS UPDATE $$ Word is........sister THE_BAMFACTSTER!! 11/28/17 11:12:32 PM
#35360   News Update ... Word is ....Sister company NTEK KittP 11/28/17 07:01:10 PM
#35359   FINRA short sales of NTGL AlanC 11/28/17 06:34:41 PM
#35358   Try multiplying by being short multi-millions of shares. Sleepy2016 11/28/17 03:32:58 PM
#35357   Those short wish it were $70.00. lol AlanC 11/28/17 12:48:31 PM
#35356   A margin call for $70? LOLOL!!!!!!!! Sleepy2016 11/28/17 10:37:03 AM
#35355   So the 20,000 share buy caused a 42% AlanC 11/28/17 10:35:19 AM
#35354   $$ NTGL $$ Like I said .....zombie stocks THE_BAMFACTSTER!! 11/27/17 10:38:49 PM
#35353   Down big time still again for the month KittP 11/27/17 07:20:07 PM
#35352   Thanks for the heads up. I checked AlanC 11/27/17 06:53:26 PM
#35351   $2 worth of trades today. Wonder if Alan kbrod1 11/27/17 06:39:24 PM
#35350   I can't believe NTGL even has one trade Ranchersw 11/27/17 04:19:50 PM
#35349   With NTGL you buy a share in literally shajandr 11/23/17 03:02:56 PM
#35348   With NTGL you buy a share in literally shajandr 11/17/17 11:17:17 AM
#35347   Down big time still again for the month KittP 11/16/17 04:01:08 PM
#35346   Down big time still again for the month KittP 11/15/17 04:19:01 PM
#35345   Yup less than a dollar’s worth of trades. kbrod1 11/11/17 12:16:17 PM
#35344   $$ NTGL $$ UP BIGTIME AGAIN and only THE_BAMFACTSTER!! 11/10/17 09:26:04 PM
#35343   Down big time still again for the month KittP 11/09/17 08:26:36 PM
#35342   Who buys 6 cents worth of stock? DrContango 11/08/17 09:59:51 PM
#35341   Who buys 6 cents worth of stock? kbrod1 11/08/17 09:47:33 PM
#35340   Down big time still again for the month KittP 11/07/17 05:34:45 PM
#35339   Someone decided to spend $50 to make the kbrod1 11/07/17 12:19:55 PM
#35338   Interesting pattern when n-t-gl has volume n-t-ek has KittP 11/07/17 11:39:16 AM
#35337   $$$ NTGL $$$ Love Zombie tickers like NTGL THE_BAMFACTSTER!! 10/31/17 06:29:18 PM
#35336   FINRA short sales of NTGL AlanC 10/31/17 05:45:50 PM
#35335   Nuffin butt a zombie ticker. DrContango 10/28/17 11:54:59 PM
#35334   The farce that was NTGL is now G-O-N-E shajandr 10/28/17 10:18:00 PM
#35333   Into What???? Ghost Land???? sinjohn221 10/28/17 12:56:12 PM
#35332   Down big time still again for the month KittP 10/27/17 06:23:47 PM
#35331   Down big time still again for the month KittP 10/23/17 04:32:59 PM
#35330   Down big time still again for the month KittP 10/19/17 05:20:49 PM
#35329   What kind of BS is this stock. Who kbrod1 10/18/17 09:49:55 PM
#35328   Down big time still again for the month KittP 10/17/17 04:35:02 PM
#35327   NTGL has been REVOKED by the Nevada SOS. shajandr 10/13/17 09:32:27 AM
#35326   $$ NTGL MOVING FORWARD!! THE_BAMFACTSTER!! 10/11/17 07:56:50 PM
#35325   NTGL MOVING FORWARD!! Down big time still again KittP 10/09/17 08:41:10 PM
#35322   $$ NTGL MOVING FORWARD!! THE_BAMFACTSTER!! 10/09/17 12:50:50 PM
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