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November 6, 2009
NW Tech Capital, Inc. Seeks to Rebuild in 2010
June 12, 2008
NW Tech Capital, Inc. Completes Audit of Teledigit, Inc., and sets new closing date.
February 21, 2008
NW Tech Capital, Inc. Announces It Will Seek Acquisitions in China Targeting Companies With $5,000,000 in Revenue
February 6, 2008
NW Tech Capital, Inc. (Formerly Known as Cybertel Capital Corporation) Files the Acquisition Agreement to Purchase Teledigit, Inc.
January 29, 2008
NW Tech Capital, Inc. (Formerly Known as Cybertel Capital Corporation) Signs a Definitive Acquisition Agreement to Purchase TeleDigit, Inc.
NW Tech Capital, Inc. Announces It Will Seek Acquisitions in China Targeting Companies With $5,000,000 in Revenue - Thursday February 21, 9:15 am ET
VANCOUVER, WA-- NW TECH CAPITAL, INC. announced today that its Board of Directors had approved sending a delegation to China to seek out merger and acquisition opportunity. Formerly known as Cybertel Capital Corp, NWTT is a technology base provider to national and regional businesses and other consumers in the Pacific Northwest.
James Wheeler President and CEO stated, "We are an established technology company looking for merger and acquisition opportunities. As a public company, we can offer companies in China entry into the USA financial markets through a business strategy that leverages our position as a public company. As a small business issuer reporting to the Securities and Exchange Commission, we believe private companies in China will team up with us to take them public in the USA. This model has been proven successfully by other companies who used their management and regulatory experience to close M&A opportunities with much larger private and public companies."
"We are targeting companies in China that have approximately $5,000,000 in annual revenues, EBIDTA of in excess of $500,000 or more and a 5-year history of operations. Also, we will look for a professional management team in place with a proven business line. We think that there is a great opportunity for synergy in China with US-based companies like NWTT. The reason we have approved a foreign market such as China is that management feels they have a better opportunity to find companies that fit our requirements and will allow NWTT to grow faster with a more consistent and higher rates of return. Many companies in China are very profitable and looking for ways to enter the US Market. By acquiring these companies it gives them entrance into the USA Public market and at the same time increase the Shareholder value of NWTT."
NWTT's delegation to China will depart in March 2008 in search of M&A opportunities. Further information will be made available upon execution of definitive agreements."