NANOTECH HOLDS SUCESSFUL 2013 SHAREHOLDERS MEETING
18 Juin 2013 - 3:43PM
OTC Markets
FOR IMMEDIATE RELEASE
Contact:
Christian Hansen
Phone:
(858)
381-4677
Email:
chhansen@nanotechent.com
NANOTECH HOLDS
SUCESSFUL 2013
SHAREHOLDERS MEETING
Executive Staff, Board of
Directors and Key Team
Members meet with Shareholders; discuss past year and plans for the
next year.
San Jose, CA
? June 18, 2013 ?NanoTech
Entertainment (OTC
PINK: NTEK) announced
that it had a successful 2013 Shareholders meeting at the M8trix
Casino in San
Jose, California on Saturday June 15.
With many shareholders
travelling from across the country to attend, and
even more watching online, the meeting was deemed a success by
Chairman and CEO
Jeffrey A. Foley.
?Unfortunately our
broadcast team was on assignment capturing content for one of our
upcoming
channels and we ran into some technical difficulties at the venue
causing the
audio to have to be provided by a conference call. Other than that, the meeting was a
great
success. We got to meet
some of our
investors face to face, and had great discussions with them about
the company
and our future. We
presented an overview
of the business to date, and a look into our future. We ended the event with a live
demonstration
of our 4K streaming products and showed them on the first 39? 4K TV
in North
America.?
CEO Foley opened
the meeting with a vote affirming the continuation of the Board of
Directors,
Jeffrey A. Foley, Alan Stone and Ted Campbell.
He recapped his joining of
NanoTech and his first year with the company
as its CEO, and reviewed plans for the upcoming year. Quarter to date financials were
reviewed,
with the company already achieving its Q2 2013 (Q4 FY2013) revenue
goals
posting over $800,000 in revenues in the current quarter.
Director Alan
Stone, founder of Nintendo of America, discussed his joining the
NanoTech
board, his shared visions with the company, and his participation
in the
company. Director Ted
Campbell discussed
plans to retire another 68 million shares of the company?s stock,
as well as
plans on getting fully audited financials and up listing to the
NASDAQ
exchange. David
Swanson, Sr. VP of
Operations reviewed the new facilities expansion and logistics with
the
company?s manufacturing partners in China,.
He also reviewed the company?s
ability to support global distribution of
products.
Jim Hernandez,
Senior VP of Gaming kicked off the technical product presentations
reviewing
the gaming product lineup including the Pinball Wizard 2 Gaming
controller for
PC, XBOX and PlayStation; Redemption games Jumper and Masher;
Updates to the
MultiPin pinball machine and expansion into mobile and TV
games. Philip
Foley, Senior VP of Mobile Development,
discussed the new east coast office and his new hires within the
mobile
division. He announced
that the first
major mobile app was delayed, but anticipated shipment in August of
this
year. He also reviewed
that a new
publishing arm of the Mobile division will be bringing out several
more apps
this year. LX Rudis,
Senior VP of
Development, wrapped up the development presentations discussing
the new San
Francisco based media team. He discussed
at length the many media projects that are underway, including
several channels
that are already live and generating revenue.
He concluded going over the
global infrastructure that NanoTech has
already put in place to assure expansion of the media delivery to
the ever
expanding NanoTech TV customers.
David R. Foley,
Co-Founder and Senior Technologist discussed the new NanoTech
Research Labs
division which he would be focusing on in the near future with the
filing of 10
patents in 2013 for various NanoTech technology that has been
developed. He ended the
meeting discussing the companies
push into the 4K UltraHD TV Market, with plans to start streaming
4K video this
summer. He shared that
NanoTech would be
announcing a partnership with a 4K TV manufacturer that would
provide consumers
with sub-$1,000 4K TVs this summer. The
meeting was concluded with a discussion of the launch of the 4K
Nuvola NP-1
player and a live demonstration of the NanoTech 4K
technology. The
demonstrations included the Nuvola NP-1
displaying live streaming 4K content on the first 39? 4K TV in
North
America. NanoTech plans
on offering
bundle deals that include a 4K TV, brackets, cables, 4K player and
3 months of
4K channel subscriptions with options under $3,500 for 65?, under
$2,000 for
50? and under $1,000 for 39?.
A
recap of the
meeting is available on the Inside NanoTech channel, available for
Roku viewers
and web viewers at www.nano-flix.com/inside.
About
NanoTech Entertainment
Headquartered
in San Jose, CA, NanoTech Entertainment is a technology
company that focuses on all aspects of the entertainment
industry. With three
business units, focusing on
Gaming, Media & IPTV and Mobile Apps, 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.
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.
NanoTech
Entertainment (PINKSHEETS: NTEK) trades on OTC
Pink, the open marketplace for a wide spectrum of equity
securities. Investors
can find real-time quotes and market information at
www.otcmarkets.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, Nuvola NP-1, Nuvola RP-10,
NanoFlix, and NanoFlix UHD are trademarks of NanoTech
Entertainment, Inc. 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
NanoTech Entertainment (CE) (USOTC:NTEK)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
NanoTech Entertainment (CE) (USOTC:NTEK)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024