NanoTech Entertainment Inc (NTEK)

[Sleepy2016]

False, this is from their last quarterly at OTCMarkets:

On February 10, 2015 NanoTech completed the acquisition of High Velocity Enterprises Inc. NanoTech transferred all rights, title and interest to the assets of its gaming division to High Velocity Enterprises Inc. in exchange for 15,000,000 shares of stock in HVEL. The transaction was valued at $739,836. Once the transaction has completed, pass the approval of FINRA and OTC Markets, the name and symbol have changed, HVEL will register the 15,000,000 shares of stock and then transfer them to NTEK. NTEK will in turn distribute them to the shareholders of NTEK.

http://www.otcmarkets.com/financialReportViewer?symbol=NTEK&id=138549

NOTE: those 15 million shares became 150 million following the 10:1 forward-split.

NTEK doesn't even claim that NTGL is a subsidiary.