NanoTech Entertainment Inc (NTEK)

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Inside Scoop On NanoTech Entertainment, Inc. (OTCMKTS:NTEK) 0
BY DANIEL MCCARTHY ON MAY 2, 2015 MEDIA & TECHNOLOGY, MICRO CAP INSIDER
NanoTech Entertainment, Inc. (OTCMKTS:NTEK) is trading big volume as it hovers just over its $0.01 support levels and 52 week lows. The stock does have a huge following who remembers the explosive run this one made in late 2013 and early 2014 that ran as high as $0.17 a share. But NTEK has been dropping steadily since then as dilution rains the day.

In recent news NTEK said it completed the Acquisition of Mobile Application Developer UpLink.to. Under the agreement UpLink.to founder Mark S. Morris will become president of the NanoTech Communications mobile application subsidiary. UpLink.to products including PhotoUpLink and VideoUpLink will become NanoTech branded products and sold under the NanoTech Communications label.

NanoTech Entertainment, Inc. (OTCMKTS:NTEK) is a technology company that focuses on all aspects of the entertainment industry. The Company has created a number of products including the Nuvola NP-1 which is the world’s first streaming media player that supports 4K UltraHD movies.

The Nuvola NP-1 is the world’s first streaming media player that supports 4K Ultra HD movies. Connect via Ethernet or Wi-Fi to any network with 6Mbit/s or greater1 and start watching TV in Ultra High Definition. Nuvola can stream 4K Ultra HD movies and videos from a variety of sources including the bundled NanoFlix UHD channel.

NTEK operates a 4k movie streaming service called Ultraflix that they hope becomes the Netflix of Ultra HD. The main obstacle seems to be lack of quality content but this is changing as more studio’s embrace the new format.

UltraFlix says they already have 500 hours of 4K content, including films from the MGM library, 34 IMAX documentaries, 50 rock concerts, and 100 hours of free content and its already bundled with the new T.Vs from Hisense, Samsung, Sony or Vizio with the UltraFlix app. It has generated positive reviews and took home the Envisioneering Innovation and Design Award at the ShowStoppers event held during the 2015 International CES.

In January NTEK announced a global licensing agreement with Crystal Sky Pictures, a major independent film production company. With the agreement, UltraFlix™, NanoTech’s award-winning 4K Ultra HD network, has been granted the distribution rights to 11 new titles in categories ranging from sci-fi, murder mysteries, action/thrillers, comedy, romance and sports drama to family favorites.

4K Studios, a NanoTech subsidiary with facilities in San Francisco and Hollywood, is currently in the process of scanning and posting the films for immersive 4K viewing.http://www.microcapdaily.com/inside-scoop-on-nanotech-entertainment-inc-otcmktsntek/110657/