NanoTech
Entertainment (OTCPINK: NTEK): It has come to our attention that
people have received emails and other communication from unknown sources
in an apparent “pump and dump” scheme involving the Company’s common
stock. The Company first became aware of these emails on or about August
31, 2015 when notified by OTC Markets. These were clearly “spam”
communications and promotional efforts that had not been authorized or
condoned in any manner whatsoever by the company or any of its
representatives. We do not know the origin or motive for these
promotional efforts and deplore that they have occurred.
We recognize that these unauthorized promotional activities are intended
to have an effect on the trading activity of the Company’s securities.
No officer, director or controlling shareholder of the Company was
involved, directly or indirectly, in any manner whatsoever in the
creation or distribution of any promotional activities including these
email newsletters. No officer, director or controlling shareholder of
the Company has engaged in any purchases or sales of the Company’s
securities in the immediately preceding six month period. These forms of
promotional activities are harmful to the Company, its shareholders and
the investment community at large.
We do not engage in these forms of investor communications. In the event
we have news to impart to our shareholders, investors and other
interested parties, we will do so in an appropriate manner in compliance
with applicable federal and state rules and regulations governing the
form, content and timing of such communications. In the past, the
Company has issued convertible securities which contain conversion
features allowing conversion into the Company’s common stock at prices
that constitute a discount to the current market price at the time of
issuance. The existence of these convertible securities may create an
incentive for a holder to engage in unauthorized promotional activities
of the kind represented by email newsletters. However, none of the
Company’s convertible securities are held by an officer, director or
controlling shareholder of the Company.
About NanoTech Entertainment, Inc.
Headquartered in San Jose, CA, the heart of Silicon Valley, NanoTech
Entertainment is a technology company that focuses on all aspects of the
entertainment industry. With seven technology business units, focusing
on 3D, Content, Media & IPTV, Mobile Apps, and Manufacturing, the
company has a unique business model. The company has a diverse portfolio
of products and technology. NanoTech Media develops proprietary
technology, which it licenses to publishers for use in their products,
as well as creating and publishing unique content. NanoTech Media
Technology includes the world's first 4K Ultra HD streaming solution.
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. 4K Studios
creates digital 4K Ultra HD content using both licensed materials as
well as original productions. Ultra Media Group focuses on the
acquisition and licensing of content. UMG also develops and creates
original programming and live events for use on NanoTech networks. More
information about NanoTech Entertainment and its products can be found
on the web at www.NTEK.com.
"Safe Harbor" Statement: This press release contains
forward-looking statements, including expected industry patterns and
other financial and business results that involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, levels of activity, performance or achievements to differ
materially from results expressed or implied by this press release. Such
risk factors include, among others: the sustainability of recent growth
rates in of the company; the positioning of NanoTech Entertainment, Inc.
in the market; ability to integrate both developed and acquired
companies and technology; ability to retain key employees; ability to
successfully market product offerings and customer acceptance of
products; general market conditions, fluctuations in currency exchange
rates, changes to systems and product strategy by vendors of systems;
and whether NanoTech Entertainment, Inc. can successfully gain market
share. Actual results may differ materially from those contained in the
forward-looking statements in this press release. 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.
NanoTech Entertainment, NanoTech Media, NanoTech Gaming Labs,
NanoTech Communications, MagicScreen, 4K Studios, 4K Ultra HD logo,
UltraFlix, SecureStream, NanoFlix, Nuvola GP-1, Nuvola NP-H1, Nuvola
TV-U1, Nuvola NP-1, Nuvola NP-C, and ProFlix UHD and their associated
logos are trademarks of NanoTech Entertainment. “The Future of
Television” and “The Future of Entertainment” are Service Marks of
NanoTech Entertainment. All rights reserved. All other marks are the
property of their respective owners.
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