Replies to post #157668 on NanoTech Entertainment Inc (NTEK)

[B402]

Dang! And for 250,000,000 Shares what Content

Did Nano Get

In March, 2012, Company entered into a share exchange agreement with Global Media Enterprises (“Global Media”), an unaffiliated private company whose president is Matthew Brenowicz, giving us the exclusive distribution rights to Global Media's content which includes the exclusive rights to certain TV shows including On the Mike and other content in development. We received 49,000 common shares of Global (49% of outstanding) in exchange for 250,000,000 of our shares (37% of outstanding). We expect to generate ongoing revenue streams from advertising on TV shows all of which will be ours

[B402]

A little Kicker for Joan

On February 20, 2013, the Company issued Joan Sherman, unrelated and non-affiliated investor, 2,000,000 shares of restricted common stock containing the restrictive legend, at $.001 per share, as part of a conversion of a convertible debenture, reducing the company’s debt by $2,000