NTEK (NanoTech Entertainment, Inc.) .0008

NTEK (NanoTech Entertainment, Inc.) .0008   Alerted by http://pennystockwhispers.com

Contact Info

• 3838 Raymert Drive
• Suite 3
• Las Vegas, NV 89121

• Website: http://www.nanotechent.com
• Phone: 702-518-7410
• Email: info@nanotechent.com

Business Description

Headquartered in Las Vegas, NV, 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.

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Share Structure

Market Value1	$612,537	a/o Dec 04, 2012
Shares Outstanding	765,670,903	a/o Jul 18, 2012
Float	238,246,228	a/o Jul 18, 2012
Authorized Shares	990,000,000	a/o Jul 18, 2012
Par Value	0.001

 

 Key Points 

- Stock current tier on OTC Markets

- Stock near its 52 week low .0006

-The stock traded from .7 not too long ago 

-Solid Website 

-Many press release in Nov 2012.

-Chart showing a cup and handle potential pattern

-Low share structure

Weekly Chart

Currently the chart is showing a potential cup and handle pattern. If 0.001 resistance levels are broken then it would be fair to assume a break to 0.004 where the 200 Moving average is. After 0.004 is broken the next resistance level is at 0.009. With a thin share structure this stock can easily hit these targets.

  

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