Replies to post #160584 on NanoTech Entertainment Inc (NTEK)

[B402]

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.

Carl
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

[samsamsamiam]

well actually he has WAY more than the 2012 shares. he received more in 2013. wonder if the restrictive legend is still in place - it is past a year now.


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 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.