Las Vegas, NV -- (SBWIRE) -- 01/29/2013 -- NanoTech Entertainment, Inc. (PINK:NTEK) closed at $0.02 after a huge move during Monday trading session. The company has recently announced that they are finished with the first phase of common stock buyback. The director of the NanoTech announced last days that the company will be buying back its common stocks and it will be accomplished in two phases.
In first phase company will be buying 10% of its common share that make up 75 million shares. And in second phase, company will buy rest of 15 percent share that are 120 million. It is expected that phase 2 will be completed by the end of January.
The company’s buy back of shares is believed to develop share holder value. It also shows the company’s assurance in its growth potential and well positioning.
NanoTech focus is to target all aspects of the entertainment industry. The company is engage in high technology operations for the development of Games, mobile applications and Media.
To find out what OTCMAGIC projects for NanoTech Inc for both short term and long term please click here: NTEK
OTCMAGIC Spends all day scouring the markets for the next huge Penny Stock Winner. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in Stock Picks!
Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)