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Thursday, November 18, 2010 1:33:03 PM
Press Release
November 12th 2010
Nationwide Safe*T*Propane, Inc. (NSFE.PK) has been working diligently over the past several years to promote its Explosion Suppression Technology around the globe. Market conditions and a lack of adequate capital have made our attempts to globalize Safe*T*Foil® very difficult. In the coming years, we anticipate a continued struggle due to a weak economy and several key fuel related patents expiring.
Nationwide is currently trying to expand the foil technology into other applications, as well as attempting to seek out strategic partners in other industries around the globe that will fit into our culture and assist us with our vision of offering Safe*T*Foil to an international market.
Nationwide is announcing that it intends to begin buying back up to Fifty Million Shares (50,000,000) of the company's outstanding stock on the open market. The company feels that the company's stock, at its current price, is a good investment for the company. http://www.nstp.biz/ENInvestorsPress.htm
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