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Tuesday, September 28, 2010 11:28:16 AM
Form D, ex-management dumping, gagged TA, the float+ a billion shares accumulated, 322million float but we don't uptick when having two 125+ million volume days, last time we had any real news was on August 3 the Bermal merger, no Textraw merger, ...
Henderson, NV, September 28, 2010 -- NW Tech Capital Inc. (NWTT;
www.nwtechcapital.com) management has determined that its proposed merger with Textraw, a synthetic agricultural products manufacturer, will not proceed. The targeted company was an intriguing candidate for NWTT, but not a perfect fit for the company. NWTT management feels that the proposed amalgamation would in fact be detrimental to the company’s share value, and therefore has ceased the merger process. NWTT is currently entertaining other favourable merger proposals on all cash basis, and will keep investors informed of future progress.
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