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NWTT NW Tech Capital Inc (PK)

0.0002
0.00 (0.00%)
12 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
NW Tech Capital Inc (PK) USOTC:NWTT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0002 0.0002 0.0002 0.00 13:26:26

NW Tech Capital, Inc. (Formerly Known as Cybertel Capital Corporation) Files the Acquisition Agreement to Purchase Teledigit, In

06/02/2008 2:00pm

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NW Tech Capital (PK) (USOTC:NWTT)
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VANCOUVER, WA and PORTLAND, OR (OTCBB: NWTT) -- The Board of Directors filed the acquisition agreement to acquire the Portland, Oregon-based telecommunications company Teledigit, Inc. with the SEC. Teledigit revenue for 2007 was approximately 1.74 million and was up 16% over 2006 revenue of 1.49 million. The filing discloses the terms and conditions of the acquisition of Teledigit, Inc. by NW Tech Capital, Inc.

The acquisition is subject (among other conditions) to an approval of a certified audit conducted by a PACOB certified public auditor. "We have started compiling the financials needed to supply to the public auditor. We feel the financial information should be ready to send to the PACOB certified auditor by the end of this week," states James Wheeler, CEO of NW Tech Capital, Inc.

The transaction will include a business and funding plan to expand the growth of Teledigit, Inc.'s current service offerings, as well as to introduce additional service offerings to the existing market that Teledigit, Inc. provides, such as; Data and Wireless networking and integration and engineering, providing a full scope of Telecommunication and Data networking services to include: Voice Over IP (VoIP), Telecom and data equipment sales and service, Wireless equipment sales and service; including integration and engineering services.

NW Tech Capital, Inc. not only wants to build on what Teledigit has started but will look for other qualified acquisitions that will complement the Teledigit acquisition. James Wheeler also states, "We will continue to look for other good solid companies that will fit with our growth strategy to build NW Tech Capital into a substantial player in voice, data and wireless solutions for our customers."

About Teledigit, Inc.

Teledigit, Inc. is a locally owned and operated telecommunications company in the Pacific Northwest. Established in 1995, Teledigit, Inc. bases its operations out of Portland, Oregon serving customers throughout the West coast, with a national contract to service all voice systems for a National chain of dentist offices. Teledigit, Inc. provides installation and service for your business voice needs, including key systems, PBXs, voicemail, and cabling.

About NW TECH CAPITAL, INC.

NW Tech Capital is a holding company with interests in areas of telecommunications, data management, information systems and public safety communication and response solutions. NW Tech trades on the OTC Bulletin Board under the ticker symbol NWTT. For more information on NW Tech Capital or Teledigit contact investor@nwtechcapital.com or visit web site at www.teledigitinc.com.

Certain Information

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of NWTT officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Certain statements in this news release may contain forward-looking information and are based on Management's current expectations, estimates and projections subject to change. Words such as "anticipates," "expects," "intends," "plans," "targets," "projects," "believes," "seeks," "estimates" and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements. Unless legally required, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company disclaims any information that is created or distributed by any outside party and endorses only information that is communicated by its official Press Releases.

Contact Information: NW Tech Capital, Inc. Vancouver, WA James Wheeler Chairman & CEO E-mail: Email Contact

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