NanoTech Entertainment Inc (NTEK)

[halbaag]

You are interpreting that sentence incorrectly. By your definition of how "AND" separates that sentence, every individual must have a business license.

Here is how you interpret it if you decide to split it up that way:

Every individual, partnership, firm or corporation that is located within the Las Vegas city limits are required to have a City of Las Vegas Business License

That means, every single person in Las Vegas must have a business license. Does that make sense to you?

It makes more sense that if that person does business, he must have a Las Vegas business license doesn't it?

$NTEK