NW Tech Capital Inc. (NWTT): Additional Mergers Corporate and Business Advances
January 19 2011 - 12:15PM
Marketwired
NW Tech Capital Inc. (PINK SHEETS: NWTT) (www.nwtechcapital.com)
management is using this opportunity to update the company
shareholders and followers regarding several developments, and
upcoming events within the company on various fronts.
Firstly, NWTT management would like to address some of our
critics concerns re dilution. NWTT is not diluting. Our authorized
and outstanding share structure stands very close to 5 billion
shares and has been at those levels for some time now. See our
quote at http://www.otcmarkets.com/stock/NWTT/company-info.
NWTT has been introduced to purchase and or take over an
Ornamental Stone type company. NWTT management sees a great
opportunity to complement the company's core business. The
transaction should not disturb the share structure as it would be
structured to be acquired on all cash basis, utilizing debt and
other instruments as an example to complete the transaction. Be it
known that stock is not the only currency at NWTT' disposal. The
company is in the production stage and NWTT intends to make this
venture a part of the NWTT family of companies.
Regarding NWTT new subsidiary Canada Corp; the company is
seeking to retrieve geological test results from the previous owner
of the property. Canada Corp. intends to do this to share more
details about the property and furnish its followers with a better
view of the property's huge and untapped potential in the mining
industry. The company is of the opinion that its followers will be
pleasantly surprised.
In other corporate updates, Bermal Contracting regarding the
recent news on the company's negotiations with the local DirectBuy
outlet: Bermal Contracting and DirectBuy are in an early and
confidential negotiation stage. For these and other obvious reasons
Bermal Contracting and NWTT management kindly requests from its
followers not to disturb this vendor.
The company intends to provide timely and frequent updates to
its followers not only on news worthy matters but on operational
and up coming events as well.
Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of NW Tech
Capital Inc., that constitute forward-looking statements for
purposes of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. NW Tech Capital Inc. cautions you that
any forward-looking information provided by or on behalf of NW Tech
Capital Inc. is not a guarantee of future performance. None of the
information in this press release constitutes or is intended as an
offer to sell securities or investment advice of any kind. NW Tech
Capital Inc.'s actual results may differ materially from those
anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond NW Tech Capital
Inc.'s control. In addition to those discussed in NW Tech Capital
Inc.'s press releases, public filings, and statements by NW Tech
Capital Inc.'s management, including, but not limited to, NW Tech
Capital Inc.'s estimate of the sufficiency of its existing capital
resources, NW Tech Capital Inc.'s ability to raise additional
capital to fund future operations, NW Tech Capital Inc.'s ability
to repay its existing indebtedness, the uncertainties involved in
estimating market opportunities, and in identifying contracts which
match NW Tech Capital Inc.'s capability to be awarded contracts.
All such forward-looking statements are current only as of the date
on which such statements were made. NW Tech Capital Inc. does not
undertake any obligation to publicly update any forward-looking
statement to reflect events or circumstances after the date on
which any such statement is made or to reflect the occurrence of
unanticipated events.
Contacts: NW Tech Capital Inc. Investor Relations 1-647-426-1640
www.minamargroup.net/helpdesk Investor Relations Department Inquiry
www.minamargroup.net (IR) For (M&A) and Corporate Matters
www.minamargroup.com
NW Tech Capital (PK) (USOTC:NWTT)
Historical Stock Chart
From Nov 2024 to Dec 2024
NW Tech Capital (PK) (USOTC:NWTT)
Historical Stock Chart
From Dec 2023 to Dec 2024