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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
#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
#35428   LOLOL! ONE trade today - only one. $20. shajandr 04/09/18 04:17:00 PM
#35427   And wronGGG yett again!!! shajandr 04/06/18 11:58:50 PM
#35426   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 04/06/18 10:48:07 PM
#35425   FINRA short sales of NTGL AlanC 04/06/18 06:59:36 PM
#35424   FINRA short sales of NTGL AlanC 04/06/18 04:52:16 PM
#35423   WronGGG again. shajandr 04/05/18 04:59:31 PM
#35422   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 04/05/18 03:05:47 PM
#35421   Hard to be up when nothing changed in Zorax 04/04/18 11:57:34 PM
#35420   And YET AGAIN - ZERO TRADES today. None. shajandr 04/04/18 07:04:01 PM
#35419   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 04/04/18 03:43:44 PM
#35418   Dude, ZERO shares traded again today. This zombie shajandr 04/03/18 04:50:10 PM
#35417   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 04/03/18 02:20:03 PM
#35415   $$ NTGL $$ Thing about zombie stocks is THE_BAMFACTSTER!! 03/22/18 06:00:03 PM
#35414   NTGL traded ZERO shares AGAIN today - it's shajandr 03/22/18 12:24:47 AM
#35413   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 03/21/18 05:31:42 PM
#35412   NTGL has traded ZERO shares all week. It's shajandr 03/21/18 12:21:26 PM
#35411   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 03/20/18 05:39:55 PM
#35410   Great call. Another great day with zero zombie kbrod1 03/20/18 04:14:53 PM
#35409   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 03/19/18 11:48:47 PM
#35408   Really??! So the big hedge fund players decided kbrod1 03/19/18 08:24:38 PM
#35407   FINRA short sales of NTGL AlanC 03/19/18 05:44:17 PM
#35406   Yup the big hedge fund guys according to kbrod1 03/18/18 07:31:20 PM
#35405   FINRA short sales of NTGL AlanC 03/16/18 05:42:44 PM
#35404   FINRA short sales of NTGL AlanC 03/14/18 05:58:08 PM
#35403   Single trade again for 600 or so. Dead Zorax 03/12/18 11:11:05 PM
#35402   FINRA short sales of NTGL AlanC 03/09/18 06:55:19 PM
#35400   Imagine those who bought this crap at .30 shajandr 02/27/18 10:45:23 AM
#35399   Can't get a single trade. Dead Zombie stock walking. Zorax 02/26/18 04:03:30 PM
#35398   lol a single trade for 870.00 raised this Zorax 02/10/18 10:54:41 AM
#35397   Let's boil it down even simpler, Alan. shajandr 02/10/18 12:50:53 AM
#35396   Alan, please explain this: shajandr 02/10/18 12:39:33 AM
#35395   FINRA short sales of NTGL AlanC 02/08/18 06:00:52 PM
#35394   So sorry dude, butt NTGL doesn't exist except shajandr 02/07/18 10:28:33 AM
#35393   FINRA short sales of NTGL AlanC 02/06/18 05:44:14 PM
#35392   Bam zero volume SCAM jimr1717 02/05/18 07:32:56 PM
#35391   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 02/03/18 12:53:39 PM
#35390   ALL trades in zombie ticker NTGL are by shajandr 01/28/18 12:07:53 AM
#35389   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 01/23/18 11:46:30 AM
#35388   Hey, shajandr, any response to your inquiry??? DrContango 01/23/18 06:24:26 AM
#35387   lol a single trade for under 500.00 raised Zorax 01/22/18 04:22:53 PM
#35386   FINRA short sales of NTGL AlanC 01/11/18 06:59:28 PM
#35385   lol a single trade for 320.00 raised this Zorax 01/11/18 06:57:40 PM
#35384   $$ NTGL UP BIG TIME AGAIN !! Looking THE_BAMFACTSTER!! 01/08/18 11:53:14 AM
#35383   Down big time still again for the month Zorax 12/28/17 09:07:53 PM
#35382   So sorry dude, butt NTGL doesn't exist except shajandr 12/28/17 01:26:46 PM
#35381   $$ NTGL Looking Good !! THE_BAMFACTSTER!! 12/27/17 06:36:40 PM
#35380   Wash trades to lower the price and lessen AlanC 12/22/17 05:50:42 PM
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