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Good Morning Members,
Did you get to read last night's report on our Brand New Alert of NTEK!? If not, read below for more information regarding this amazing alert!
Lots of interest is starting to pour in, as a full blown awareness and recent news release have got investors and traders putting NTEK on their radars Today!
See below for Yesterday's Huge Acquisition News and last nights full report:
7/17/13 - Press Release:
NanoTech Completes Acquisition of Clear Memories
9:12 AM ET 7/17/13 | BusinessWire
NanoTech Entertainment (OTCPINK: NTEK) announced that it has completed the acquisition of Clear Memories, Inc. of Napa California. Clear Memories is the premiere provider of 3D Ice Sculptures to the San Francisco Bay Area. Using award winning technology to create finely detailed customized ice sculptures, Clear Memories has been featured by many magazines and was highlighted the "Young Scientist Special" episode of the MythBusters TV Show.
"When we reached out to Jeff to join us as CEO, we saw a lot of value in his company and he agreed to the acquisition as part of his joining our team," stated Ted Campbell, NanoTech Director. "Clear Memories has been a profitable company for years, and has very unique proprietary technology. The model can be easily replicated and expanded, and take advantage of the global infrastructure that we are putting in place at NanoTech. The state of the art technology that was developed by Clear Memories in the manufacturing and production processes can be enhanced further by the NanoTech team." Campbell closed by stating, "Because of the automated nature of the Clear Memories process, we can easily expand the business with a minimal of staffing growth, allowing us to continue to maximize profits while expanding to new markets. Best of all, we add another profitable, self-sustaining business unit to our bottom line."
About NanoTech Entertainment
Headquartered in San Jose, CA, NanoTech Entertainment is a technology company that focuses on all aspects of the entertainment industry. With four technology business units, focusing on Gaming, Media & IPTV, Mobile Apps, and Manufacturing, the company has a unique business model. The company has a diverse portfolio of products and technology. NanoTech Gaming Labs operates as a virtual manufacturer, developing its technology and games, and licensing them to third parties for manufacturing and distribution in order to keep its overhead extremely low and operations efficient in the new global manufacturing economy. NanoTech Media develops proprietary technology which it licenses to publishers for use in their products as well as creating and publishing unique content. NanoTech Communications develops and sells proprietary apps and technology in the Mobile and Consumer space. Clear Memories is the global leader in 3D ice carving and manufacturing technology. NanoTech is redefining the role of developers and manufacturers in the global market. More information about NanoTech Entertainment and its products can be found on the web at www.NanoTechEnt.com.
"Safe Harbor" Statement: Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
The NanoTech Entertainment logo is a trademark of NanoTech Entertainment, Inc. NanoFlix, NanoTales, NanoBooks, Nuvola NP-1, Nuvola NP-C, Nuvola GP-1, Nuvola RF-10 are trademarks of NanoTech Media Corporation. All rights reserved. All other marks are the property of their respective owners. "The Future of Television" is a service mark of NanoTech Entertainment, Inc., All Rights Reserved
http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130717005673r1&sid=cmtx6&distro=nx
SOURCE: NanoTech Entertainment, Inc.
Last Night's Report:
Our Latest Alert is NTEK,
NANOTECH ENTERTAINMENT
The current PPS for NTEK is currently only at .085!
After rising to a "Four Year High" of right around 14 cents just last week, NTEK has since pulled back to very attractive levels where investors may be able to enter for the next rise! Recent news release, interest, and buying seems to indicate shares are being accumulated in anticipation of the next leg up! Any burst in volume could send the PPS moving to the upside VERY Quickly and past recent highs!
We are looking forward to tomorrow's action and are truly recommending NTEK as a solid trade!
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About NTEK
NanoTech Entertainment, Inc. (NanoTech), formerly Aldar Group, Inc., is a provider of gaming technology for the coin-op arcade, casino gaming and consumer gaming markets. The Company operates as a manufacturer, developing technology and games, and then licensing them to third parties for manufacturing and distribution. As of June 30, 2009, the Company's products included MultiPin, Xtreme Rally Racing, NanoNET Online System, Pinball Wizard, Mot-Ion Adapter, Opti-Gun Adapter and Retr-IO Adapter. In April 2009, the Company acquired NanoTech Entertainment, Inc.
In 2007 NanoTech Entertainment was formed to focus on the coin-op and casino gaming markets. NanoTech built an innovative coin-op racing game, Xtreme Rally Racing. That was followed by the development of its Digital Pinball machine, Multi-Pin. NanoTech also released the Pinball Wizard and Mot-Ion Controller for the consumer gaming market.
In June of 2009 Aldar Group acquired the assets of NanoTech Entertainment and hired the NanoTech founders and staff. The horse racing unit was subsequently shut down and the company name was changed to NanoTech Entertainment, and the ticker symbol was changed to NTEK. The NanoTech Entertainment private company was dissolved.
Looking to expand the companies focus and create multiple business units, NanoTech Gaming Labs LLC was formed in May 2011, as a wholly owned subsidiary of NanoTech Entertainment, with a focus on the gaming products of the company.
In January, 2012, NanoTech Entertainment entered into a share exchange agreement and formed a partnership to focus on digital media and IPTV with a newly formed media company. This business unit, NanoTech Media Corporation develops and publishes technology for the emerging IPTV market for platforms including Roku and Apple TV. NanoTech Media publishes original content, licenses and broadcasts licensed content, and develops and licenses proprietary TV technology to third parties.
In April, 2012, NanoTech Entertainment entered into a share exchange agreement and formed a partnership to focus on the mobile app space with a newly formed communications company. This business unit, NanoTech Communications Corporation, develops and publishes technology and applications for the smartphone industry including iPhone, Android and Blackberry. This business unit publishes original apps, licenses and distributes licensed apps, and develops and licenses proprietary mobile technology to third parties.
NanoTech Entertainment is made up of several business units, each focusing on a niche technology market in the entertainment industry. NanoTech Entertainment is made up of several business units, each focusing on a niche technology market in the entertainment industry:
NanoTech Gaming Labs Competitive Edge
Our greatest strength and competitive edge is the reputation and success of our founders, along with their unique ability to consistently design award winning innovative products. We are also unique in our structure, having manufacturing logistically centered for efficiency and highly efficient team that is able to produce world class products on tight schedules. Additionally, we have solid and long relationships with key distributors worldwide, who are completely in-tune with our core competencies of innovation and engineering.
The coin-op industry has only a few companies that operate as independent development studios, and with game manufacturers looking for new products now more than ever, there is an enormous need for companies such as NanoTech to provide completed games that are manufactured cost effectively, in addition to "modern" technology to help drive those products. NanoTech Entertainment sets itself apart from other companies. The company's MultiPin product is the only product of its kind leaving no competition in the marketplace. NanoTech has solid relationships with the best distributors of pinball products worldwide.
With so many years of experience come invaluable tools for development. The key technologists in NanoTech have developed many development tools that greatly accelerate our development process, setting the company apart from others with its speed and unique designs.
Also with experience comes a network of contacts who have worked with key members of NanoTech. The company has long and thriving relationships with the top distributors and manufactures in the industry. Crafting agreements and closing sales will be remarkably fast due to our successful track record with these companies worldwide
NanoTech Gaming Labs Market Analysis
We plan to operate in a business to business model, supplying three segments of the electronic entertainment industry. The coin-op or arcade market is a $150M industry that has not seen growth in recent years due to the popularization of consumer game consoles such as the XBOX, PlayStation and Nintendo Wii. This market has seen a recent resurgence, in a slightly different direction. The focus has shifted from the traditional arcade and younger audience, to the hospitality market, with an emphasis on bars & taverns (referred to as the "street location" market), and the growth of Family Entertainment Centers (FEC's) e.g. Dave & Busters, Chuck E. Cheeses, and a more casual game experience. Companies that continue to succeed in this market have adapted a strategy of building games that have a recurring revenue stream such as high score competitions to build a loyal following of players.
We have several products that are aimed at the consumer video game market, which is a $10.5B industry. Our plan is to offer accessories and games for the PC, XBOX and PlayStation game consoles. There are several commodity manufacturers of accessories such as joysticks, and we don't intend to try and compete with these companies, rather we plan to offer them new and unique products, and license our designs to them for manufacture and distribution.
Finally, we own certain Patent Pending intellectual property that we are going to offer to the casino gaming industry, which is a rapidly growing entertainment segment, with annual sales of over $4B. Just like our plan for the consumer game market, we don't plan to actually manufacture or sell our products and technology, but rather license them to existing players with a stronghold in the market.
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