NanoTech Entertainment, Inc. (OTC Pink: NTEK) is a fast growing that every investor that is serious about investing in emerging fast growing companies needs to know about. The company, which is based in San Jose, California is focused on developing technologies associated with some of the fastest growing entertainment sectors with some remarkable financial results. NanoTech Entertainment has five divisions, each one with a focus on hot technology-based segment of the entertainment business. They include 3D, gaming, media and Internet Protocol Television (IPTV), mobile apps, and manufacturing of high technology products.
Revenue Growth Numbers For NanoTech Entertainment Are Impressive
Think NanoTech Entertainment is just another over-hyped penny stock that does not have anything more than grand plans that may not ever come to fruition? Think again! NanoTech Entertainment is firing on all five business unit cylinders. The company reported impressive fiscal year 2014 revenue and revenue growth in their annual report that was released in September 2014. Their total revenue generated during fiscal year 2014 was reported as $15.29 million. A big revenue number like that puts them way ahead of many other penny stocks that trade on the pink sheets, and even ahead of some listed NASDAQ small cap stocks that are just getting their business operations underway. If that is not impressive enough for a young penny stock company, consider the fact that the year before, during fiscal year 2013, they reported revenue of just under $1.16 million. That makes their 2013 to 2014 year over year revenue growth rate a very impressive 1,500 percent.
How many penny stock companies can boast of numbers as impressive as these? Fortunately, the investing public has a chance to participate in NanoTech Entertainment’s impressive growth by purchasing the shares of the company’s stock, which trade under symbol NTEK. The company is a true penny stock, as it trades for under ten cents per share; however, the share structure is reasonable for a penny stock. NTEK has 740 million authorized shares (as of September 29, 2014), slightly over 589 million outstanding shares (as of August 5, 2014) shares, and slightly over 550 million shares in the public float as of (as of August 5, 2014). This give NanoTech Entertainment a valuation of approximately $48 million, which is about three times current sales. If sales continue to increase at 1,500% per year, or even a modestly lower rate, it is easy to see why NTEK is a good stock buy, as sales will quickly surpass the company’s current valuation, which will cause a stock price increase, as shares adjust higher to keep the valuation in line with higher sales.
NanoTech Entertainment Is a Big Player In 4K Television
NanoTech Entertainment’s media division in particular is garnering a lot of attention. The media division is highly involved in the emerging hot television technology called 4K television, which includes ultra high definition televisions that provide four times higher viewing resolution than the standard 1080p high definition televisions that many television consumers have in their homes.
NP-1 Media Player
NanoTech Entertainment sells a 4K television media player called the Nuvola NP-1 Streaming 4K Ultra HD Media Player. The NP-1 Media Player delivers television viewers with compatible 4K televisions a multitude of 4K entertainment choices, including Android computer games, streamed 4K ultra high definition movies and television shows, Internet browsing, video chat, and Internet radio. The NP-1 Media Player also provides 4K television viewers access to 4K television programming that is in high demand, including Netflix, Hulu Plus, and YouTube.
NanoTech Entertainment is not an obscure company in the emerging and fast growing world of 4K television. They are right in the thick of the 4K television rollout. Their NP-1 Media Player is on sale in the largest electronics retailer in the United States, Best Buy. The 4K television Media Player is being promoted via a twenty city tour that includes public demonstrations of the Media Player’s 4K content in Best Buy stores throughout the United States.
One of the problems that 4K television current faces is a lack of 4K television content; a niche that NanoTech Entertainment is working hard to fill. The company offers 4K television via numerous special 4K channels and the UltraFlix 4K Network App, which provides 4K ultra HD movies, concerts, documentaries, and special programming, including many hours of free content.
NanoTech Entertainment’s Media Division
They have agreements with big time television manufactures, such as Sony and Visio, to carry the NanoTech Entertainment UltraFlix 4K Network App on their 4K televisions. Additional agreements with major television manufactures are reportedly in the works. This means the millions of consumers that buy brand name 4K televisions will be turning to NanoTech Entertainment for 4K content, driving subscribers and revenues to the company. This is similar to the model used by SiriusXM satellite radio in cars. Many new cars come with SiriusXM satellite radio built into them, and as a result, new car buyers are a natural conduit for new subscribers. NanoTech Entertainment is implementing this business model in 4K television. As tens of millions of 4K televisions are sold, consumers looking for content will turn to NanoTech Entertainment’s channels and apps that are available directly on their televisions.
NanoTech Entertainment 4K Television Studio
Finally, completing their push into 4K television, NanoTech Entertainment runs a division they call 4K Studios. This ultra high technology studio provides businesses and individuals the opportunity to convert standards videos into 4K format content, so they can be displayed on 4K televisions. Their 4K television studio is also capable of recording new video content in 4K format, for customers that want to create fresh original 4K content.
More information about NanoTech Entertainment and the company’s exciting products and developments that are driving their high revenue growth rate can be at www.NanoTechEnt.com.
