Monday, January 24, 2011 8:27:25 AM
Back One
NW Tech Capital Inc. (PINK SHEETS:NWTT) subsidiary Bermal Contracting Ltd. is pleased to announce that it is in negotiations with a construction and manufacturing conglomerate which operates 6 companies.
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The company is of the opinion that this is a material event that requires a news release as it may establish a steady demand channel for Bermal's stone products.
One of the targeted companies divisions is in the process of establishing a stone-cutting and sheet rock manufacturing outlet. The merger would use products supplied by Bermal Contracting. This operation could further process Bermal's raw materials for a wide variety of uses for a number of markets.
Bermal believes that working with this conglomerate could become an ongoing concern and establish a solid and consistent business partnership to use and process its high-quality patio, ledge, stack-able, corner and boulder stone, which offers a serious growth opportunity for the company.
Source: http://www.nwtechcapital.com/
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