PINK & OTCBB IPO'S

[DCschmoeka]

BLFT some otcbb thingie, did rm yesterday, dunno anything BLFT: LOI to Acquire Tower Tech Systems for Stock

Tuesday , October 25, 2005 15:29 ET

Blackfoot Enterprises, Incorporated (OTC: BLFT) entered into a letter of intent with Tower Tech Systems, Inc. The letter of intent outlines a business combination whereby BLFT would acquire all of the issued and outstanding capital stock of Tower Tech in exchange for 25,250,000 newly issued shares of Blackfoot. Upon the completion of this transaction, the shareholders of Tower Tech would own 72.1% of the Blackfoot shares then outstanding. Tower Tech engineers and manufactures wind turbine extension towers.