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NSOL Nitol Solar Wi

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Share Name Share Symbol Market Type Share ISIN Share Description
Nitol Solar Wi LSE:NSOL London Ordinary Share JE00B2NX5G06 ORD 10P (WI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Inter-Americas, Inc. Makes Offer for Nuclear Solutions, Inc.

26/12/2007 2:45pm

PR Newswire (US)


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WOODSTOCK, Ill., Dec. 26 /PRNewswire/ -- Inter-Americas, Inc. (IA), a private-financial resources and investment company, dedicated to emerging and leading edge technologies while focusing on environmental renewal, conservation and protection, announced a $110 million unsolicited cash bid to purchase Nuclear Solutions, Inc. (OTC:NSOL) (BULLETIN BOARD: NSOL) . In a December 21, 2007 letter to Nuclear Solutions, Inc., Inter-Americas, Inc. outlined its intention to purchase all outstanding common stock (on a fully diluted basis), assets, technologies, current and future business operations and its wholly-owned subsidiary Fuel Frontiers, Inc. (FFI). "Inter-Americas' acquisition of Nuclear Solutions will allow for greater facilitation of technologies and businesses within our consortium of companies. The integration of Fuel Frontiers' plasma conversion technology with Full Circle Energy, Inc. thermal technologies, one of IA's consortium companies, will create greater opportunities for expansion and the capturing of market share within the fast-growing alternative energy markets," said Larry Romano, president, Inter-Americas, Inc. The flexible technological approach of FFI in adapting to the fuel crisis using multiple strategic sites and potential feedstock sources to produce biofuels/ biodiesel and integrating this with other consortium companies' system makes this acquisition a win-win for IA. With FFI and Full Circle Energy's technology and flexibility to change the catalyst they can adapt and produce what is in demand. This press release contains forward-looking statements that involve risks and uncertainties concerning Inter-Americas' acquisition of Nuclear Solutions, Inc. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, ability of the parties to complete the proposed transaction; the successfully integration of operations and employees; and general economic conditions. DATASOURCE: Inter-Americas, Inc. CONTACT: Larry Romano of Inter-Americas, Inc., +1-630-893-9400

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