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What's done? Thanks...
Done?...Share buy back? Yes, it's done
Exceeding projected revs? Yes, it's done...by 37% even..
Reducing SS yet again? Happening now...
What else is done? Thanks...
SHARE BUY BACK AND DILUTION CAN'T BE SERIOUSLY ARGUED HERE..
Share buy back = happened...happening again..
Dilution= NONE, quite the opposite.
Kenwanee wrote:
The FACT is:
NTEK HAS NOT paid for ANY PROMOTION
There is not, nor will there be any Dilution...
NTEK
That's worth a repost.
End of story
Pros
Professional
Intelligent
NTEK
PRODIGY: Sure seems that way...groups better hurry. This one is leaving town..HEADED NORTH!
Laughable isn't it?
Ntek---> way undervalued
Oversold
BOOOOOM!
No need for 8k---PERIOD. BOUGHT BACK IN PRIVATE NEGOTIATIONS. NOT ON OPEN MARKET, Thus no need for 8k
CLARIFIED AND VERIFIED.
PERIOD.
SS PROVES SHARE BUY BACK.
END OF STORY
NTEK
REAL DEAL
REAL REVS
REAL
REAL
REAL
CHASE CHASE CHASE
A repost From Niko:
HOW DOES NTEK GENERATE REVENUES? The NTEK BUSINESS MODEL HERE!!
NTEK Corporate OVERVIEW HERE:
[] Business
[] Divisions
[] Recent Developments
[] Current Status
BUSINESS
NTEK ESSENTIAL PRODUCTS & BUSINESS REVENUE MODEL (FROM OTC FILINGS).
Quote:
I. ROYALTIES
The Company has entered into several licensing agreements whereby
the Company licenses certain gaming software from various developers.
The Company is responsible for paying royalties to the developers
based on product sales. In the event that no product is sold, the
Company is also required to pay a minimum royalty in order to maintain
exclusivity (i.e., the developer cannot license the same software
to the Company's competitors).
Certain developers also require prepayment of royalties that are
either offset by future sales, or expire at the end of a calendar
year - at which point they are expensed. No sales of the licensed
products had occurred during the period ending December 31, 2012.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=99512
Quote:
Nature of Products and Services Offered
A. Principal products, services and markets
1. Gaming
(a) MultiPin
(b) Pinball Wizard
(c) XRR
(d) Retr-IO
(e) Mot-Ion Kit
(f) NanoNET
(g) aAMP-LC6
(h) OptiGun
2. Media – IPTV
(a) Adam Curry’s Big App Show
(b) NanoFlix
(c) NanoFlix 3D
(d) On the Mike Show
(e) BIF Tool
(f) Video Conversion Tool
(g) Video Extraction Tool
3. Communication
(a) NanoTweet
(b) iFrames
(c) iPosters
B. Distribution Methods
1. Gaming: Gaming products are distributed through an established
network of distributors and resellers throughout the world. NGL
has had long term relationships with these distributors and the
method and pricing models are well established.
2. Media: Media products will be distributed in two forms. Original
and licensed content will be distributed by direct publication on
various delivery platforms such as Roku, Apple TV, Boxee and
others.
Media technology will be licensed to third parties that will include
it with their publication on these same platforms.
3. Mobile: Mobile products will be distributed directly by publication
on the Apple iTunes store and Google Play store. Mobile technology
will be licensed to third parties for sale on the aforementioned
platforms as well as in the consumer electronics retail space.
C. Any new product publicly announced is market ready for delivery.
D. We will compete against established companies with significantly
greater financial, marketing, research and development, personnel,
and other resources than us. Such competition could have a material
adverse effect on our profitability.
E. Our basic products are intellectual property and we are not
dependent on sources and availability of raw materials.
F. We are not dependent on one or a few major customers.
G. Information about intellectual property owned, developed or
licensed by us is provide elsewhere in this Report.
H. There are no government regulations regulating the development
and sale of gaming products for coin operated machines.
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=99513
NTEK BUSINESS DIVISION OVERVIEW & PRODUCTS WITHIN EACH
DIVISIONS
1)
NTEK IPTV & MEDIA DIVISION
2)
NTEK Gaming Labs DIVISION
3)
NTEK Mobile & Communications DIVISION
http://nanotechent.com/#
RECENT DEVELOPMENTS
NTEK Exhibiting at "The Amusement Expo" Trade Show
NTEK ANNOUNCES LAUNCHING "Inside NanoTech" Channel HERE:
Quote:
San Jose, CA – March 8, 2013 –NANOTECH ENTERTAINMENT (OTCPINK: NTEK)
today announced that it will be launching a new channel, Inside NanoTech.
The channel will feature interviews with various members of the staff
providing details into the products and projects that they are working
on, interviews with key customers discussing their success stories using
NanoTech products, and demonstrations of NanoTech products and technology.
http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=938513867
NanoTech Entertainment (NTEK) Announces 2013 Annual Shareholders Meeting: (Scheduled for June 15, 2013)
http://ih.advfn.com/p.php?pid=nmona&article=56599113&symbol=NTEK
CURRENT STATUS
NANOTECH ENTERTAINMENT (NTEK) EXPANDS OPERATIONS
WITH NEW SILICON VALLEY DATACENTER:
http://ih.advfn.com/p.php?pid=nmona&article=56191801
Recent TWEETS on the NEW Silicon Valley LOCATION:
https://twitter.com/davidrfoley
https://twitter.com/davidrfoley
NEW LAB SPACE GETTING FURNISHED:
NTEK reports ALREADY SURPASSING Q1 REVENUE PROJECTIONS*** HERE:
Quote:
Jeffrey A. Foley, NanoTech CEO stated, "In the Company's filings
released on December 29, 2012, NanoTech identified anticipated
revenues of $187,093 in Q1 2013 and $740,423 in Q2 2013. We will
be releasing our Q2 results at the meeting, and given that we have
already surpassed our Q1 revenue projections in early March we
anticipate that our Q2 results will once again exceed our projections."
http://ih.advfn.com/p.php?pid=nmona&article=56599113&symbol=NTEK
***NTEK Q1 REVENUE PROJECTIONS PER OTC-FILING HERE:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=97415
5.2.2013: NTEK FILES EARLY Q1 REVENUES per OTC-Filing!
UP ~37% from projected at $257,551.00
http://www.otcmarkets.com/stock/NTEK/filings
5.3.2013: NTEK TA CONFIRMED REDUCTION IN SHARE STRUCTURE!!!
HISTORICAL SHARE STRUCTURE POST
http://tinyurl.com/brfb7cc
MUCH MORE DD TO LEARN ABOUT:
[] NTEK Studio & Editing Bay
[] Hurricane Electric
[] 4K
[] & MORE!!!
GET YOUR DD GOING!!!
http://nanotechent.com/
NTEK Quick-Peek DD
NTEK
NTEK & READING COMPREHENSION....ahhhh, what a BEAUTIFUL THING!!!
Quote:
The NanoTech Board of Directors had previously authorized a share
repurchase program under which the company plans to repurchase a
total of roughly 25% of its outstanding common stock on the open
market or in privately negotiated transactions.
Filing HERE
The TA confirms the SHARES WERE REDUCED!!
The Filings CONFIRM!!!
And it looks like NTEK did it AGAIN with the Friday
website discovery....NTEK RETIRED SHARES AGAIN!!!
(quietly,...can't wait for the MARKET TO BE NOTIFIED SOON!!)
PROOF of NTEK SS REDUCTION...AGAIN!!! lOl
NTEK
LAS VEGAS, Nev., March 20, 2013 /PRNewswire/ -- NANOTECH ENTERTAINMENT (OTCPINK: NTEK) today announced from the Amusement Expo 2013 that it has reached an exclusive agreement with London based Electrocoin Sales LTD to manufacture, sell and distribute its line of coin-op and gaming products. With many new products and technologies destined for the gaming market, NanoTech CEO Jeffrey A. Foley stated, "We are thrilled to be working with one of the most prestigious names in the European amusement business."
NanoTech will debut its upcoming Jumper and Masher games to the European market at the Electrocoin Park Avenue Open Day event in London in June 2013. The Park Avenue Open Day events have been long filled with surprise announcements and releases by Electrocoin. John Stergides, Managing Director of Electrocoin, commented, "NanoTech has very interesting technology and ideas, and we are looking forward to working together to build unique products that are optimized for the UK and European market. We have enjoyed success in the past with members of NanoTech team and we are pleased to be working together again."
NanoTech will create specialized versions of its video redemption products that will be centered around the Skill with Prize market in the UK. These games feature the ability to pay out prizes in cash or items based on the skill of the player. Foley continued, "By creating unique SWP machines we anticipate an increase in revenue of over $1M to our original sales forecast as we had not included this potential market in our original plans for 2013." Foley closed by stating, "We are very excited to work with Electrocoin, who has been a market leader in the European coin industry since the mid 70's. John has invaluable knowledge not only about the market, but also about gameplay and the tuning of coin-operated products. We are excited to not only offer our technology to Electrocoin, but to also work together in developing new products that are earmarked for their specific market needs."
The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. All rights reserved. All other marks are the property of their respective owners. "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved
Contact: Denise Clifford
Phone: (702) 518-7410
Email: denise@nanotechent.com
SOURCE NanoTech Entertainment
NanoTech Entertainment (NTEK) Announces North American Gaming Partner
LAS VEGAS, March 22, 2013 /PRNewswire/ -- NANOTECH ENTERTAINMENT (OTCPINK: NTEK) today announced from the Amusement Expo 2013 that it has reached an exclusive agreement with Fun Company to manufacture its line of coin-op and gaming products. On the heels of a tremendously successful Amusement Expo, NanoTech CEO Jeffrey A. Foley stated, "We are very excited to be working with Don and his team. They produce world class products and have a great understanding of this market. Their quality and attention to detail is very important to deliver to our customers."
Fun Company is a leader in the arcade cabinet manufacturing business and has been since its inception in 1991. With a focus on quality and customer satisfaction, they have provided the coin-op industry leaders with product for over two decades. In an interview for the Inside NanoTech channel recorded at the show, Don Teske of Fun Company stated, "We are excited to work with the NanoTech team in building their latest amusement products. We have a lot of history with the team now at NanoTech and they have always produced the most innovative and exciting games in this market. We look forward to this partnership and directing other customers of ours to NanoTech to take advantage of the technology they have to offer." In addition to original games, NanoTech sells a variety of components and gaming technology that allows game developers to deploy their products quickly using field proven technology and cutting down time to market substantially.
Centrally located, Fun Company also has the distinct advantage of saving customers substantial amounts on shipping of product throughout the United States and Canada. Foley closed by stating, "We look forward to rolling out our first two games with Fun Co and also providing their customers with some of our state of the art gaming technology increasing our revenues beyond our initial projections for this year."
Financials filed on Friday show the company has crushed first quarter estimates by 37%... they also reduced OS by 44 million shares. NONE OF THIS HAS BEEN PRed!!!
NTEK...NO DILUTION...NO PAID PROMOTIONS
Yesterday...MAY 3, 2013...
Financials were released with almost 37% revenue ABOVE PROJECTIONS
Debt = 1.4MM
Quote:
DavidRFoley99 Saturday, May 04, 2013 3:09:04 PM
Re: s17gator post# 39261 Post # of 39346
NTEK Debt as reported in the March 31, 2013 Financials is $1.4M.
The accumulated deficit is $5.2M.
Accumulated Deficit is not debt. The term used in place of retained earnings when a corporation has a negative (debit) balance in its account. While methods of accounting for an accumulated deficit vary somewhat, it is common for businesses to note the amount of the net loss under the stockholder equity carried by the firm. This makes it possible to document the loss in the company’s accounting records as well as identify the amount for purposes of claiming any applicable tax breaks.
UNANNOUNCED....NTEK DECREASES SHARE STRUCTURE by 43MM Shares
The last time they quietly reduced shares, this FACT took place shortly after:
NTEK COMPLETES BUYBACK OF TWENTY FIVE PERCENT OF ITS COMMON STOCK
Quote:
Las Vegas, NV – February 1, 2013 – NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) today announced that it has now completed the second phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company repurchased 25% of its outstanding common stock from the open market and in privately negotiated transactions. The program identified two stages, whereby a total of 195 million shares were acquired. The company had completed the phase one buyback on January 25th 2013 and has now completed the phase two buyback.
<<NTEK>>
Friday just released financials...exceeded revenue projections by 36%+.
Quietly - unannounced reduced O/S by 40MM +...
Company previously/recently bought back 195MM O/S..
New Silicon Valley headquarters.
New Silicon Valley data center at Hurricane Electric
Upcoming Shareholder Meeting June 15th
Working Relationships with Samsung, LG, Apple, Roku and others
New Worldwide Manufacturing, Distribution and Sales contracts with multiple Worldwide Companies
Alan Stone
Nintendo
Sega
LX Rudis
Atari
Sony Playstation
Microsoft Xbox
Silicon Valley
195 MM share buy back
Shareholder meeting
Hurricane Electric
Data Center
Servers
Gaming controllers
Proprietary arcade technology
IPTV
3D
NVIDEA
Mobile Apps
EB2 Manufacturing
Platform Developer
Samsung
LG
Apple
ROKU
Global
Worldwide
NTEK!!!
BOOOOOOM!!
NTEK---> FIRST: 195MM SHARE BUYBACK---DID OCCUR..SS PROVES IT
SECOND: SS HAS YET AGAIN REDUCED BY AT LEAST 43MM...
TRUE STORY. UNGAGGED TA.
VERIFY FOR ONES SELF
CHASE CHASE CHASE.
PROOF IS IN THE SS. DECREASED.
But yes...it did. Lol. Enough with you. Ntek speaks for itself.
DD AND FACTS ARE ALL THERE.
Didn't have to file an 8k...period. Already discussed, clarified and verified.
NTEK, BUYBACK-REAL. DONE.
End of story. Sorry.
Ntek!!
Has nothing to do with NTEK...sorry. Try again. Do some DD.
MORE revenue...lol! Gotta love NTEK!!
Even better!!
NTEK #5 MOST READ BOARDS!
Awareness folks Awareness.
Yessir. I think it's possible. Wonder when they will PR about the recent fins and share reduction? Also wonder if there will be any further reduction in SS by the time they announce it.
Love this NIKO:
NTEK & READING COMPREHENSION....ahhhh, what a BEAUTIFUL THING!!!
Quote:
The NanoTech Board of Directors had previously authorized a share
repurchase program under which the company plans to repurchase a
total of roughly 25% of its outstanding common stock on the open
market or in privately negotiated transactions.
Filing HERE
The TA confirms the SHARES WERE REDUCED!!
The Filings CONFIRM!!!
And it looks like NTEK did it AGAIN with the Friday
website discovery....NTEK RETIRED SHARES AGAIN!!!
(quietly,...can't wait for the MARKET TO BE NOTIFIED SOON!!)
NTEK>>>WHERE WE UNDER PROMISE AND OVER DELIVER.
At least OTCQX POSSIBLY BY YEAR END. ALONG SIDE ADIDAS GROUP (shoes) and T-MOBILE. I'LL TAKE THAT ANYDAY.
I'll be happy with 10-20mm. I don't think it needs much more to move this way up. Low floater..getting lower.
Could they reduce it even more before they announce it?? Hmmm.
NTEK
EXCITING
EPIC
BOOM
Kenwanee wrote:
The FACT is:
NTEK HAS NOT paid for ANY PROMOTION
There is not, nor will there be any Dilution...
NTEK
That's worth a repost.
End of story
Pros
Professional
Intelligent
NTEK
NTEK DD EASILY FOUND EASILY VERIFIED EASY TO SEE NTEK IS REAL UP AND UP STRAIGHT UP REAL DEAL MONEY MAKING COMPANY.
TRANSPARENT
UNGAGGED TA
REDUCED SS
PROFITS COMING FAST.
NTEK
NTEK #6 IHUB MOST READ BOARDS
AWARENESS BEFORE ANNOUNCEMENT OF FURTHER SHARE REDUCTION BY AT LEAST 40MM...= BOOM
NTEK #5 on IHUB MOST ACTIVE AND MOST POSTED BOARDS
POSITIVE.
GREAT
ONGOING SHARE REDUCTION
UNANNOUNCED
GREAT NUMBERS RELEASED
NTEK
Old news. Old old old. So last year.
Opposite of dilution. Lol
Claims of dilution are hilarious at best.
False
No dilution
Price correction to the upside this week fast or slow
Woof woof woof
0210 wrote this insightful & WELL WRITTEN POST: THANKS!!
0210 wrote:
Quote:
NTEK, rather than dilute shs (or "stick it to us shareholders")
mgt opted wisely to borrow, imo. In fact, didn't they just
BUYBACK stocks recently? helloooo!
1). NTEK Debt is $ 1.4 million, and NOT "$ 5 milly..."
2). Fact: given today's stricter lenders/investors compliance
standards, ONLY the Best Borrowers qualify for low-low-interest
loans.
3). Lenders/Investors are here WILLING & CONFIDENT about NTEK's
mgt and its future ability to repay debt speaks volumes.
4). That $ 5.2 million is accumulated deficit (emerging out of
R&D), can & will be used/amortized to offset NTEK's income taxes;
5). NTEK can save up to $ 1.8 mill towards bottom-line at 35% top
corp. tax rates ($ 5.2 mill x 0.35 marginal tax rate = $ 1.8 million).
6). ERGO: better net income, eps, pps, dividends, returns-to-
shareholders, etc......
NTEK
NTEK, in its first quarter as a company just emerging from
R&D, POSTED EXCEPTIONAL NUMBERS according to the
revenue expectations they had...is NOT DILUTING share-
holders, has a transparent team/staff, ungagged TA & has
been EXECUTING on their business plan. AND JUST RETIRED
43,000,000 MORE SHARES....on Friday 5.3.2013 according to
both their WEBSITE & NTEK's ungagged TA!!!!
Looking forward to MORE OF THE SAME!!!
NTEK
More PREVIOUSLY POSTED NTEK DD >>>
With that we also have two other divisions NTEK & SHAREHOLDERS will prosper from.
GAMING DIVISION...
FORMER NINTENDO - SEGA EXECUTIVE JOINS NTEK BOD
Quote:
"We are delighted that Al has agreed to become a director at NanoTech," said Jeffrey A. Foley, chairman and CEO. "Al brings years of experience that will be beneficial to NanoTech as we execute our strategic plan and begin to deliver our products to the market. Al's experience at the highest levels of consumer and international business, and tremendous success record in the gaming market will provide invaluable guidance and contacts as we strive to increase value for our shareholders."
"Al has one of the most successful track records in the gaming industry and great experience in bringing products to market. In 1981 he co-founded Nintendo of America, bringing some of the biggest hits in the arcade industry to America," continued Foley. "He served with Nintendo for 13 years. He then moved to another gaming giant, Sega Entertainment, where he served as President and CEO, and was responsible for some of the most popular games ever released."
ALSO
NTEK ANNOUNCES NEW SENIOR VICE PRESIDENT
Quote:
SAN JOSE, Calif., Feb. 25, 2013 /PRNewswire/ -- NANOTECH ENTERTAINMENT (OTCPINK: NTEK) today announced the appointment of Alexander "LX" Rudis as NanoTech's Senior Vice President of Product Development. Mr. Rudis brings more than 25 years of relevant industry experience to his new role having previously served with entertainment and gaming giants including Atari, Konami and Sony.
"We welcome LX's experience and leadership to the NanoTech team," said Jeffrey A. Foley, NanoTech CEO. "In his new role he will be responsible for overseeing all of our development teams, both internal and external. His vast experience and track record of shipping products combined with his perspective of working with start-ups and large multi-national corporations makes him the perfect fit for this role." Foley continued, "given that we are currently working on several media and gaming products along with multiple contracts that represent several million dollars in revenue for us in 2013, LX is a welcome addition to the management team. I'm confident that he will immediately add value to our projects as we continue to roll out new products and integrate our technology into other company's products."
ALSO
THE MOBILE DIVISION
There should be huge developments coming in the near future from this Division...
Yummy more FLUFF. MISINFORMATION FILLED FLUFF.
<<NTEK>>
Friday just released financials...exceeded revenue projections by 36%+.
Quietly - unannounced reduced O/S by 40MM +...
Company previously/recently bought back 195MM O/S..
New Silicon Valley headquarters.
New Silicon Valley data center at Hurricane Electric
Upcoming Shareholder Meeting June 15th
Working Relationships with Samsung, LG, Apple, Roku and others
New Worldwide Manufacturing, Distribution and Sales contracts with multiple Worldwide Companies
Alan Stone
Nintendo
Sega
LX Rudis
Atari
Sony Playstation
Microsoft Xbox
Silicon Valley
195 MM share buy back
Shareholder meeting
Hurricane Electric
Data Center
Servers
Gaming controllers
Proprietary arcade technology
IPTV
3D
NVIDEA
Mobile Apps
EB2 Manufacturing
Platform Developer
Samsung
LG
Apple
ROKU
Global
Worldwide
NTEK!!!
BOOOOOOM!!
NTEK...NO DILUTION...NO PAID PROMOTIONS
Yesterday...MAY 3, 2013...
Financials were released with almost 37% revenue ABOVE PROJECTIONS
Debt = 1.4MM
Quote:
DavidRFoley99 Saturday, May 04, 2013 3:09:04 PM
Re: s17gator post# 39261 Post # of 39346
NTEK Debt as reported in the March 31, 2013 Financials is $1.4M.
The accumulated deficit is $5.2M.
Accumulated Deficit is not debt. The term used in place of retained earnings when a corporation has a negative (debit) balance in its account. While methods of accounting for an accumulated deficit vary somewhat, it is common for businesses to note the amount of the net loss under the stockholder equity carried by the firm. This makes it possible to document the loss in the company’s accounting records as well as identify the amount for purposes of claiming any applicable tax breaks.
UNANNOUNCED....NTEK DECREASES SHARE STRUCTURE by 43MM Shares
The last time they quietly reduced shares, this FACT took place shortly after:
NTEK COMPLETES BUYBACK OF TWENTY FIVE PERCENT OF ITS COMMON STOCK
Quote:
Las Vegas, NV – February 1, 2013 – NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) today announced that it has now completed the second phase of a plan to buy back shares of its common stock. The NanoTech Board of Directors had previously authorized a share repurchase program under which the company repurchased 25% of its outstanding common stock from the open market and in privately negotiated transactions. The program identified two stages, whereby a total of 195 million shares were acquired. The company had completed the phase one buyback on January 25th 2013 and has now completed the phase two buyback.
HAVEN'T EVEN ANNOUNCED PUBLICLY they REDUCED THE SHARE
STRUCTURE AGAIN!!!! Yet! It was the SUPERIOR DD that spotted the
CHANGE ON THE NTEK WEBSITE & CONFIRMED WITH THE
TRANSFER AGENT!!!
NTEK FACTS,...FACTS..., are PLENTIFUL AND EASILY FOUND...THE MISINFORMATION BEING TOSSED ABOUT IS OBVIOUSLY JUST THAT, MISINFORMATION, and is LAUGHABLE TO ANYONE WHO HAS DONE ANY AMOUNT OF DD HERE.
NO DILUTION, SHARE STRUCTURE HAS DECREASED
SENTENCING, REALLY....WHAT DIES THIS EVEN HAVE TO DO WITH NTEK AS A WHOLE...THE CEO IS JEFF FOLEY. END OF STORY.
THIS SENTENCING TALK IS BS AND ABSURD.
SHOW ME COMPANIES AND KEY INDIVIDUALS OF CORPORATIONS WHO HAVEN'T HAD SOME HEAT, LEGITIMATE AND/OR IRRELEVANT?? HAPPENS EVERYWHERE TO ANYONE OF THEM. NO CONCERNS.
Nothing to do with the CEO of ntek. Get the facts.