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Last Post: 5/22/2017 2:02:37 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
#34197  Sticky Note NTGL doesn't exist anymore. The corporate existence expired shajandr 05/18/16 07:22:41 PM
#32131  Sticky Note NTGL "10-Q like" "filing" is ~OUTT on OTCMarkets.com shajandr 08/19/15 03:57:03 AM
#35204   NTGL IS JUST A SUBSIDIARY SCAM OF THE Ranchersw 05/22/17 02:02:37 AM
#35203   NTEK BAGHOLDERS STILL WAITING ON PROMISED FREE NTGL Ranchersw 05/22/17 01:59:50 AM
#35202   NTGL REVOKED!!!! THAT EXPLAINS WHY THIS SCAM ONLY Ranchersw 05/22/17 01:56:48 AM
#35201   NTGL OTC PAGE HAS A BIG RED STOP Ranchersw 05/22/17 01:40:51 AM
#35200   Doc Dearest, shajandr 05/21/17 11:52:54 PM
#35198   Where are those "free" shares AlanC? BeverlyH 05/20/17 07:28:03 PM
#35196   FINRA short sales of NTGL AlanC 05/19/17 07:46:35 PM
#35195   Thanks for the short Report AlanC KittP 05/18/17 10:58:29 AM
#35194   $$$ NTGL $$$ UP AGAIN BIG TIME!!! 115% !!! THE_BAMFACTSTER!! 05/18/17 01:46:46 AM
#35193   Thanks for the short Report AlanC Goodbuddy4863 05/18/17 12:37:55 AM
#35192   where there 9 shares shorted today? jimr1717 05/17/17 07:23:10 PM
#35191   FINRA short sales of NTGL AlanC 05/17/17 07:22:45 PM
#35190   Down big time still again today. KittP 05/17/17 03:49:21 PM
#35189   Down big time still again today. KittP 05/16/17 06:35:57 PM
#35188   WronGGG again: shajandr 05/16/17 12:40:41 AM
#35187   $$ NTGL $$ UP BIG TIME AGAIN !! THE_BAMFACTSTER!! 05/15/17 09:24:37 PM
#35186   Down big time still again today. KittP 05/15/17 07:01:44 PM
#35183  Restored I am not sure what the confusion is MadHatter326 05/13/17 08:57:49 PM
#35182   REVOKED - BAM! FACT! - direct from the shajandr 05/13/17 08:36:43 PM
#35181  Restored Thanks for proving NTEK is not revoked! MadHatter326 05/13/17 07:59:13 PM
#35180   $$ NTGL $$ UP BIG TIME AGAIN !! THE_BAMFACTSTER!! 05/13/17 07:36:52 PM
#35179   Nevada Secretary of State shajandr 05/13/17 07:34:34 PM
#35176   The two fuzzy game tables were stripped of KittP 05/13/17 06:11:46 PM
#35174   Where are the prototypes that were in the STB4ME 05/13/17 02:33:04 PM
#35173   Last I saw his Craigslist price was $800. shajandr 05/13/17 08:32:14 AM
#35172   Now that is funny justkr8 05/13/17 02:38:20 AM
#35171   ahigh had to sell the table for under justkr8 05/13/17 02:28:38 AM
#35170   Down big time still again today. KittP 05/11/17 08:51:50 PM
#35169   $$ NTGL $$ UP BIG TIME AGAIN !! THE_BAMFACTSTER!! 05/11/17 08:46:32 PM
#35168   Where's my free shares lolol scam Benji 05/11/17 03:50:18 PM
#35167   NTGL was revoked a few days ago after Sleepy2016 05/11/17 02:52:06 PM
#35166   NanoTech Gaming, Inc. Goodbuddy4863 05/11/17 02:47:29 PM
#35165   Um, it was DOWN 21.87 PERCENT TODAY closing shajandr 05/11/17 01:47:55 AM
#35164   $$ NTGL $$ UP BIG TIME AGAIN !! THE_BAMFACTSTER!! 05/10/17 08:54:04 PM
#35163   wowmomwow-Down big time still again today. KittP 05/10/17 05:23:13 PM
#35162   Down big time still again today. KittP 05/09/17 08:34:42 PM
#35160   It's dead, Jim. shajandr 05/07/17 08:13:22 PM
#35159   NTEK's Business License Was Revoked... BeverlyH 05/07/17 11:31:20 AM
#35158   No short fantasy reports? jimr1717 05/07/17 12:45:03 AM
#35157   WOW ** MOM ** WOW Goodbuddy4863 05/06/17 12:34:02 AM
#35156   Down big time still again today. KittP 05/05/17 07:24:23 PM
#35155   Buy volume significantly outnumbered sell volume yet nothing AlanC 05/05/17 07:17:06 PM
#35154   $$$$ NTGL $$$$ Up Again Today !! OOPS THE_BAMFACTSTER!! 05/05/17 06:02:37 PM
#35153   FINRA short sales of NTGL AlanC 05/04/17 08:12:27 PM
#35152   Down big time still again today. KittP 05/04/17 04:36:23 PM
#35151   Nothing reported to FINRA today for NTGL. AlanC 05/03/17 05:51:21 PM
#35150   Not a real share anywhere in sight. AlanC 05/03/17 10:48:44 AM
#35149   underdog150 Tuesday, 04/25/17 07:07:53 PM shajandr 05/02/17 11:43:12 PM
#35148   How many of the 100 shares were shorted today? Coyle 05/02/17 09:46:23 PM
#35147   Down big time still again today. KittP 05/02/17 08:50:18 PM
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