long term penny stocks

[Kenwanee]

NTEK COMPLETES BUYBACK OF TWENTY FIVE PERCENT OF ITS COMMON STOCK

Las Vegas, NV – February 1, 2013 – NANOTECH ENTERTAINMENT (PINKSHEETS: NTEK) today announced that it has now completed the second phase of a plan to buy back shares of its common stock. The program identified two stages, whereby a total of 195 million shares were acquired. The company had completed the phase one buyback on January 25th 2013 and has now completed the phase two buyback.

SAN JOSE, Calif., May 6, 2013 /PRNewswire/ -- NANOTECH ENTERTAINMENT (OTC Pink: NTEK) today announced that it has released its Quarterly Financials for the period ending March 31, 2013 (Q3FY13) The NanoTech Board of Directors authorized a share repurchase program under which the company repurchased 42 million shares of its outstanding common stock in a privately negotiated transaction.

So far in 2013 a total reduction of 238 million shares have been acquired by the company and returned to treasury.