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August 1:42pm NWTT.PK – Finalized Merger, NWTT – Johor Premium Outlets
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NW Tech Capital Inc, (PINKSHEETS:NWTT)
NWTT is pleased to announce, that NWTT had finalized the merger with Bermal Contracting Ltd., a BC Canada company.
Bermal Contracting Ltd. offers substantial revenues and a sizable operations, currently excavating patio stone (Horizontal & Stand up Veneer), ledge stone, stackable stone & corner stone, and boulder stone. All stone comes in a number of unique colors, variety of textures and shades, allowing landscapers to create individualized and customized designs. Based on the Share Purchase Agreement (Pink Sheets filing July 30, 2010) NWTT had purchased Bermal Contracting Ltd. for six hundred million (600,000,000) shares of NWTT Common Stock. This stock will be restricted, and subject to rule 144. Moreover NWTT has secured contractual assurances that Bermal Contracting must meet reasonable financial and business obligations and milestones set between the parties, satisfactory to NWTT board and in the best interest of NWTT shareholders.
In other company news and events, this week NWTT will complete a set of filings with OTC Markets appointing new officers/directors of Bermal to NWTT roster in conjunction with the merger. Bermal Contracting Ltd. financials will be posted shortly.
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