NanoTech Entertainment Inc (NTEK)

[magicdaddy]

NTEK Share Structure

Estimated Market Cap
$29,514,347 as of August 12, 2013

Issued & Outstanding Shares
464,792,868 as of August 12, 2013

Free Trading Shares
388,027,287 as of August 12, 2013

Restricted Shares
76,765,581 as of August 12, 2013

Authorized Shares
740,000,000 as of August 12, 2013

The Authorized Shares are 740,000,000... here is an e-mail I received from the IR regarding the AS on August 13, 2013:


Christian Hansen
1:11 PM (6 hours ago)


Magicdaddy:


This comes from the recently released annual report:


E. STOCKHOLDERS’ DEFICIT

The Company has authorized 740,000,000 shares of common stock with a par value of $.001, and no preferred

stock. As of June 30, 2013 the total shares issued and outstanding was 545,044,445


Quote from Jeff Foley regarding authorized reduction:


Foley closed by noting "We have also reduced our authorized shares from 990 million to 740 million. We have done this as a further indicator to the investment community of the direction that the company is heading. We no longer need to issue large blocks of shares to fund the company and instead only need the ability to cover ongoing employee commitments and leave room for possible further growth through mergers and acquisitions."


Also, a link to OTC Markets, which was most recently updated Aug. 5, 2013.


http://www.otcmarkets.com/stock/NTEK/company-info



Best Regards,


Christian Hansen

Managing Director

[phone]