Friday, February 22, 2013 11:15:06 AM
"In January, 2012, we entered into a share exchange agreement and formed a partnership with a newly
formed unaffiliated private media company, NanoTech Media Corporation (“NMED”) to focus on
digital media and IPTV. NMED is controlled by FS Media Capital, a private company, Roger Cross,
managing partner. We received 36,750 common shares of NMED (49% of outstanding at the time) in
exchange for 250,000,000 of our shares (37% of outstanding at the time). This transaction gives us
the exclusive rights to certain technology held by NMED including Proprietary IPTV Technology for
Roku, Apple TV, Samsung Smart TV, LG Smart TV, Adam Curry’s Big App Show, Ambience
Digital Environments, and TechnoTV. This business unit will develop and publish technology for the
emerging IPTV market for platforms including Roku and Apple TV. Its business will include the
publishing of original content, licensing and broadcasting of licensed content, and the development
and licensing of proprietary TV technology to third parties. We expect to generate ongoing revenue
streams from advertising on TV shows, licensing of proprietary technology, and subscriptions of our
TV shows. All revenues will be ours."
Link here:https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=97413
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