Investor Briefings: NanoTech Entertainment (NTEK), Elray Resources (ELRA), Vapor Group (VPOR)

Albany, New York (09/26/2014) – NanoTech Entertainment, Inc. (OTCMKTS:NTEK)’s stock has proven to be volatile. As such, it deserves greater care when dealing with the stock. Share price is up over 54% in the past one month and down more than 36% since the beginning of the year. Periodic ups and down are also common on stock depending somehow on the availability of a fresh press release or lack of it. The company has recently fired two press releases in almost quick succession announcing deals to bundle its 4K UltraFlix Network app with smart TVs. At first it was a deal with Sony (SNE), which gave the ticker a bit of profile elevation. Again yesterday it talked about a deal with a company called Vizio. There isn’t particularly any alarming story around NanoTech Entertainment, Inc. (OTCMKTS:NTEK), but its price volatility calls for careful treading.

Elray Resources Inc (OTCMKTS:ELRA) announced that it has completed the acquisition of www.LotteryDomain.com. It further said Lottery Domain has been around since early 2010 and functions as a reseller of Oz Lottery Systems. The company tried to cite the reputation of Lottery Domain, stating its connection with Oz Lotteries that operate under tight government regulation. Elray Resources Inc (OTCMKTS:ELRA) said the acquisition includes the assumption of intellectual property related to Lottery Domain. It expects to expand the scope of the platform to include lottery on smartphone and tablets. Elray Resources Inc (ELRA) expects the acquisition to positively impact on revenue almost immediately.

Vapor Group Inc (OTCMKTS:VPOR) edged up more than 4% early afternoon Friday. However, the stock looks amazing because positive press releases and what some have called active “artificial hype campaigns” keep giving strength to the stock. In the latest announcement, the company said it would launch at least four new products at a function in Las Vegas in the coming few weeks. Vapor Group Inc (OTCMKTS:VPOR) also said it intends to have a roundtable meeting with new and prospective distributors of its products. The piece of news appears to have strengthened the stock. However, there are concerns that the stock may not have strength to stay up for long, especially when the pumper campaigns subside. That calls for careful treading.

About the Author

Barry is a senior journalist at Us Markets Daily. He reports, shoots and edits many of his own stories by himself.

Leave A Response