Replies to post #28976 on NanoTech Entertainment Inc (NTEK)

[Nikodemos]

NTEK PRODUCTS & BUSINESS REVENUES FROM FILINGS!!!

I. ROYALTIES
The Company has entered into several licensing agreements whereby
the Company licenses certain gaming software from various developers.

The Company is responsible for paying royalties to the developers
based on product sales. In the event that no product is sold, the
Company is also required to pay a minimum royalty in order to maintain
exclusivity (i.e., the developer cannot license the same software
to the Company's competitors).

Certain developers also require prepayment of royalties that are
either offset by future sales, or expire at the end of a calendar
year - at which point they are expensed. No sales of the licensed
products had occurred during the period ending December 31, 2012.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=99512

Nature of Products and Services Offered

A. Principal products, services and markets
1. Gaming
(a) MultiPin
(b) Pinball Wizard
(c) XRR
(d) Retr-IO
(e) Mot-Ion Kit
(f) NanoNET
(g) aAMP-LC6
(h) OptiGun

2. Media – IPTV
(a) Adam Curry’s Big App Show
(b) NanoFlix
(c) NanoFlix 3D
(d) On the Mike Show
(e) BIF Tool
(f) Video Conversion Tool
(g) Video Extraction Tool

3. Communication
(a) NanoTweet
(b) iFrames
(c) iPosters


B. Distribution Methods
1. Gaming: Gaming products are distributed through an established
network of distributors and resellers throughout the world. NGL
has had long term relationships with these distributors and the
method and pricing models are well established.

2. Media: Media products will be distributed in two forms. Original
and licensed content will be distributed by direct publication on
various delivery platforms such as Roku, Apple TV, Boxee and
others.

Media technology will be licensed to third parties that will include
it with their publication on these same platforms.

3. Mobile: Mobile products will be distributed directly by publication
on the Apple iTunes store and Google Play store. Mobile technology
will be licensed to third parties for sale on the aforementioned
platforms as well as in the consumer electronics retail space.

C. Any new product publicly announced is market ready for delivery.

D. We will compete against established companies with significantly
greater financial, marketing, research and development, personnel,
and other resources than us. Such competition could have a material
adverse effect on our profitability.

E. Our basic products are intellectual property and we are not
dependent on sources and availability of raw materials.

F. We are not dependent on one or a few major customers.

G. Information about intellectual property owned, developed or
licensed by us is provide elsewhere in this Report.

H. There are no government regulations regulating the development
and sale of gaming products for coin operated machines.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=99513




NTEK



http://nanotechent.com/#

[shnaghai]

good