http://www.otcmarkets.com/financialReportViewer?symbol=NTEK&id=116295 On January 30, 2013 the Company entered into a buyback agreement, reducing the overall outstanding shares by 144,982,250, cancelling shares previously issued to NanoTech Media Corporation and redistributing them as follows: issued Philip Foley, unrelated and non-affiliated independent contractor, 25,500,000 shares of restricted common stock containing the restrictive legend, at $0.006 per share, to eliminate $153,000 of compensation due under the terms of a services agreement, and reducing the company’s debt by the same amount, and acquiring license rights to proprietary technology and assets. . issued Carl Bellitti, unrelated and non-affiliated independent contractor, 25,000,000 shares of restricted common stock containing the restrictive legend, at $0.006 per share, to eliminate $150,000 of compensation due under the terms of a services agreement, and reducing the company’s debt by the same amount, and acquiring license rights to proprietary technology and assets.
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=104493 On May 2, 2012 the Company issued Carl Bellitti, unrelated and non-affiliated independent contractor, 500,000 shares of restricted common stock containing the restrictive legend, at $0.075 per share, to eliminate $37,500 of compensation due under the terms of a services agreement, and reducing the company’s debt by the same amount.