NanoTech Entertainment Inc (NTEK)

[BeverlyH]

SEPTEMBER IS HERE AND NTEK HAS OFFICIALLY FAILED COMPLETELY

"Everyone will know our name in September." David Foley's proclamation to his faithful for months now. Well, it's September, so let's do a quick, 100% verified factual bit of DD:

100% fact: NTEK is in default with the State Licensing Board in Nevada and has absolutely no legal ability to operate or conduct business. Likewise, NTEK's largest balance sheet asset NTGL has had it's license completely revoked. If either the defunct entity or the revoked entity are actually doing anything, they are doing so illegally.

100% fact: NTEK has not paid the enforcement judgement of well over $2,000,000 dollars plus interest and attorney's fees and penalties, nor released the 2 million shares of NTEK stock as ordered by the judge in the Long Side case. Nor has NTEK complied with the multiple disclosures as ordered by a sitting court judge.

100% fact: NTEK has not paid the enforcement judgment of nearly $400,000 dollars plus interest, attorney's fees and penalties to K2 Communications.

100% fact: NTEK's prior CEO has resigned and issued an extremely damning declaration under oath claiming fraud and owed stock and compensation.

100% fact: The former NTEK CEO's SWIG Media cancelled their streaming contract with NTEK due to non-payment.

100% fact: NTEK has not signed a single contract with any major studio for A-list, first run content. In fact, NTEK's failing Ultraflix service hasn't been updated with any A-list content in more than a year.

100% fact: Paramount cancelled their contract with NTEK, and actually had to threaten them legally to get their content off the flailing service.

100% fact: The Ultraflix service has absolutely zero HDR, Dolby Vision, surround sound or subtitles. Not a single enhancement has been made to the service for going on two years. Netflix, Amazon, Hulu et al have had these "vanity" features for years now, just to say they do.

100% fact: NTEK has initiated no paid media, promotions, partnerships, co-op, advertising or press releases whatsoever. Absolutely no "global UF 3.0 launch campaign" has happened, nor will it.

100% fact: NTEK and NTGL can't scrape up enough cash to even pay the paltry fees due to the State of Nevada for their business license. To imply billion dollar buyouts, Apple or Verizon partnerships and all the rest is believed by absolutely nobody.

Can't wait for the holiday pump....LOL