NanoTech Denounces Unauthorized Spam Communications

SAN JOSE, Calif.--()--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.

Contacts

NanoTech Entertainment, Inc.
Marketing Contact:
Aaron Taylor, 408-414-7355 x134
Aaron@ntek.com
or
Investor Contact:
Dan Wong, 858-381-4622
dwong@ntek.com

Release Summary

NTEK denounces spam

NanoTech Entertainment, Inc.