NanoTech Entertainment Inc (NTEK)

[DavidRFoley99]

this is my last message today, I really need to get back to work and stop fighting the disinformation here.

Below you cite two items claiming that retired shares are being redistributed, you are incorrect.

Item 1 - 250,000,000 shares from the acquisition of the Global Media Group. 174,189,448 are used to meet contractual obligations, 75,810,552 are returned to treasury, thereby reducing the outstanding shares by 75 million.

Item 2 - 250,000,000 shares from the acquisition of the NanoTech Media Group. 105,017,750 are used to meet contractual obligations, 144,982,250 are returned to treasury, thereby reducing the outstanding shares by 105 million.

The company did not state that it retired 500,000,000 shares, it stated that it retired 220,792,802 shares from these two transactions, which is what happened. This is easily verified by contacting the transfer agent.

Early on the company was desperate for financing and acquisitions and gave deals that netted large issues of shares. Once the company was stronger, it still had some obligations to issue more shares, and rather than create a second increase in the authorized shares, thereby further diluting the company, a plan was put in place an executed whereby obligations to issue shares could be achieved, AND the overall outstanding shares could be reduced.

All share transactions are reviewed by and approved by an SEC attorney, and must pass review by the transfer agent before they may be transacted.