Headquartered in Las Vegas Nevada, the global center of the gaming industry, NTGL is a revolutionary company that focuses on all aspects of the development of gaming products. NTGL creates the world's most compelling gaming experiences by using patent-pending math models and non-traditional designs. NTGL builds products for both the traditional players as well as a new class of gambler that is intelligent and informed offering the ability to realize life changing winnings while continuing to offer casinos exactly the house edge they need to operate their business.
Based on extensive research of modern social and competitive games, NTGL gaming machines allow players to choose exactly how they want to balance their skill and intelligence against the risk / reward model of the game. Players enjoy compelling video experiences that are entertaining independently of the gambling component.
NTGL offers products for a new class of gambler that is intelligent and informed and is seeking life changing winnings through more than a slim-to-none chance with a house edge the size of a state lottery system.
NTGL's games disclose the payback percentage to the player and the payback percentage generally goes up with the bet amount. While other manufacturers misrepresent to players saying they are playing a "penny slot" and fail to disclose the true cost of playing the game, NTGL's information is all up front and center for the player who wants the best possible gamble for their money, as well as professional players who need no introduction for how to quit the 9-to-5 and tell the IRS they are pro and happily report their earnings each year because they are actually winning more than they could make at a full-time job.
Established thinking has been running the show for far too long, and as gambling revenue has been falling behind, it's not without reason! Flatline or declining gambling revenue is a symptom of a gaming industry that has fallen asleep at the wheel.
In May, NTGL announced that it has completed the move to OTC Markets following the acquisition of High Velocity Enterprises, Inc. (HVEL) as part of an overall corporate reorganization. NTGL was spun out from the Gaming Labs division of NanoTech Entertainment along the division's IP portfolio and full gaming operations into the new company. FINRA has approved the name change and issued a new ticker symbol for NanoTech Gaming which trades under the symbol NTGL effective immediately.
NanoTech Gaming has retained Omnivance Advisors to handle shareholder and investor relations providing focused communications for the company's existing shareholders as well as the investment community. The company is in the process of registering the shares that were previously issued as part of the acquisition of the intellectual property and assets.
Alan Stone, Chairman and CEO of NanoTech Gaming, stated, "We are excited to complete this transition and look forward to working with our shareholders and investors under our new trading symbol NTGL."
Aaron Hightower, Senior VP of Gaming Technology close by saying, "We have incredibly exciting times ahead of us. I know that I speak for me and the entire NanoTech Gaming team when I say that we are truly developing the Future of Gaming. We are very excited about the changing landscape of gaming and being at the very leading edge of designing and implementing technologies that will advance the gaming space in the coming years."
More information about NTGL and its products can be found on the web at www.NANOTECHGAMING.com.
Market Outlook:
- In a report to investors, Moody‘s Investor Service Senior Vice President Keith Foley said gaming industry cash flow will increase 3 percent to 4 percent over the same time frame.
- Nevada, the casino gaming capital of America, brought in $10.7 billion 2011 and is expected to reach $12.95 billion by 2015. That's nearly one fifth of the entire U.S. gaming market.
- Slots revenue in Nevada is set to grow from $6.75 billion in 2011 to $7.9 billion in 2015, a compound annual growth rate of 3.5%.
Technical Analysis:
As we mentioned above, just like many of our previous big winners NTGL is trading below a penny with a very tight float!
Yahoo Finance lists the total amount of shares outstanding as just 527k!
Now we can't verify if that number is accurate, but could you imagine the type of volatility we could see if it is?
We already know that NTGL moves on air.
Last Wednesday NTGL closed up over 47% on practically no volume at all.
Imagine the type of gains NTGL could see on a heavy surge of volume!
NTGL has plenty of room to move to the upside as well.
At its current share price of $0.0094, a move back to its 52-week high of $0.17 would represent a gain of 1,708%!
That would be like turning a $1,000 into over $18,000 in just on trade!
We told you that our new pick could make last week's +86% winner look like small potatoes, and we meant it!
NTGL has all the characteristics of a breakout just waiting to happen.
If you missed out on last week's big winner, this is your chance for redemption.
We are expecting triple digit gains from NTGL, act now and have it up on your screens and ready to trade tomorrow morning at 9:30am EST!