NanoTech Entertainment, Inc. (OTCPINK: NTEK) saw its share volume skyrocket on June 17th with 10,481,946 shares exchanging hands, more than triple its three month daily average volume of 2,932,611 shares.
NanoTech Entertainment, a pioneer in bringing the 4K Ultra HD experience to consumers, announced last week that Hollywood innovator Rod Riegel has joined NanoTech's Content Advisory Board. Riegel will provide strategic guidance to NanoTech on its content acquisition partnerships as the company continues to build upon the largest library of 4K Ultra HD content available via its UltraFlix dedicated 4K Channel.
"UltraFlix is poised to become a key driver of next-generation entertainment distribution services for Ultra HD programming - a revolutionary format destined to become the de-facto standard for content consumption," said Riegel. "I'm thrilled to join NanoTech's advisory team, and look forward to helping the company maximize their efforts in the 4K content space and deliver on the mandate to pioneer 'The Future of Television.'"
"We are privileged to have Rod joining our team," said Alan Stone, COO of NanoTech Entertainment. "He has a unique insight into the changing landscape of digital video content, and has been at the forefront of the 4K movement. Assembling a world class team of Hollywood experts is helping us elevate and expand our brand that will help us to exceed the goals that we have set for our media division and the company overall."
NTEK closed the day at $.0514, 35.62% higher than its previous close of $.0379.
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Liquidmetal Technologies Sees Upward Trend Continue
Liquidmetal Technologies, Inc. (OTCQB: LQMT) saw its share volume soar on June 17th with 18,547,385 shares exchanging hands, three times higher than its three month daily average volume of 5,800,077 shares.
Liquidmetal Technologies recently announced it's teaming up with University of Southern California's M.C. Gill Composites Center to develop an advanced manufacturing process to produce large-scale amorphous metal and fiber laminate sheets for space applications. The work is funded by a NASA SBIR (Small Business Innovation Research) Phase I contract addressing solicitation topic number Z2.01, "Cross cutting advanced manufacturing process for large scale bulk metallic glass systems for aerospace applications."
The primary application for this advanced technology at NASA is to build an outer wall bumper shield capable of protecting spacecraft and satellites from micro-meteoroid and orbital debris. Project goals include developing methods to manufacture thin amorphous metal sheets on a large scale, as well as the fabrication of fiber metal laminates in complex geometries.
Liquidmetal Technologies, Inc. is the leading developer of bulk alloys and composites that utilize the performance advantages offered by amorphous alloy technology. Amorphous alloys are unique materials that are distinguished by their ability to retain a random structure when they solidify, in contrast to the crystalline atomic structure that forms in ordinary metals and alloys. Liquidmetal Technologies is the first company to produce amorphous alloys in commercially viable bulk form, enabling significant improvements in products across a wide array of industries.
LQMT closed the day at $.265, 18.3% higher than its previous close of $.224.
Dakshidin Corp. Conlcudes First Strategic Asset Purchase
Dakshidin Corp. (OTCPINK: DKSC) saw its share volume explode on June 17th with 123,242,603 shares exchanging hands, 25 times higher than its three month daily average volume of 4,915,854 shares.
Dakshidin Corp. announced today that it has concluded its first strategic asset purchase; a state of the art proprietary electronic payment platform from The Tyburn Group Inc. based in Northern California.
This fully certified prepaid and debit payment platform will allow Dakshidin Inc. to offer an end-to-end solution supporting all aspects of card issuing services needed by Dakshidin Inc.'s clients.
The product is ideal for that segment of the population who do not qualify for, or have no desire for a traditional bank account (unbanked/underbanked). The estimated size of the market in the US is enormous and currently between forty and fifty million people and expanding.
The platform also provides a potential solution to the problem that is facing the legal medical marijuana industry, allowing customers to pay for their prescriptions using a closed loop card issued and managed by Dakshidin. This would alleviate the current situation whereby dispensary owners, due to their inability to accept credit cards, are forced into keeping large amounts of cash on their premises.
"We are very pleased to announce the completion of this first milestone in our effort to move the company forward" said CEO J. Mark Seaton. "This platform will act as a solid foundation for the anticipated growth of Dakshidin's forthcoming financial product lines. Furthermore, we have identified promising synergies between this acquisition and our previous efforts to enter into humanitarian projects."
DKSC closed the day at $.0027, 17.39% higher than its previous close of $.0023.
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