Replies to post #35561 on NW Tech Capital, Inc. (NWTT)

[spmactrader]

well said,
cheap cheap,

[Matilda007]

Henderson, NV, Jan 6, 2010 - NW Tech Capital Inc. (NWTT; http://www.nwtechcapital.com) management updates the public on the current status of the merger with 7662491 Canada Inc. This is a non-newsworthy update however relevant to followers of the company ad those following NWTT's recent developments.

In preparation for the merger with the Canadian mining venture 7662491 Canada Inc., Bermal Contracting returns 600 million shares to treasury. NWTT purchases 7662491 Canada, Inc. On cash and stock basis, and these shares will represent a portion of the shares used for the purchase of 7662491 Canada, Inc. (totalling 600 million).

So Fire Lane says NWTT doesn't own the claims, just what do you suppose they bought with 600 million shares and cash...

[ancientacid]

The problem is that the stock isn't moving with substance despite the volume and 24/7 pump going on.
I agree that the stock have a "great story" here, but it's just too hard to see how people can come profitable out of this, with the constant selling on the news? Even hard for a one tick flip as it seems... A few got an opportunity to exit at .0009 and .0008, and it seems like many took advantage of that.