
To see a Streaming slideshow of NW Tech Capital, Inc. Executive Summary and Business Plan, Spring 2008, Please Click Here.
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.
NW Tech Capital, Inc. Announces It Will Seek Acquisitions in China Targeting Companies With $5,000,000 in Revenue
NW Tech Capital, Inc. (Formerly Known as Cybertel Capital Corporation) Files the Acquisition Agreement to Purchase Teledigit, Inc.
NW Tech Capital, Inc. (Formerly Known as Cybertel Capital Corporation) Signs a Definitive Acquisition Agreement to Purchase TeleDigit, Inc.
NW TECH CAPITAL, INC. COMPLETES AUDIT OF TELEDIGIT INC., AND SETS NEW CLOSING DATE
VANCOUVER, WASHINGTON / PORTLAND, OREGON, June 12, 2008 – NW Tech Capital Inc. (OTCBB, NWTT) announced today that it successfully completed the financial audit of Teledigit, Inc. a telecommunications company in the Pacific Northwest established in 1995. As previously announced NWTT entered into a purchase agreement with Teledigit subject to completion of the audit.
Teledigit bases its operations out of Portland, Oregon serving customers in the greater Portland Metropolitan/Vancouver, WA areas and it is expanding its business nationwide. Teledigit provides installation and service for business voice, wireless networks and data services, including key systems, PBX's, voicemail, and cabling. Partnering with Nortel Networks and Vertical, Teledigit offers the best available telecommunications equipment, video and network services, phones and communications systems.
James Wheeler, President and CEO of NWTT stated “we all worked hard to complete the audit of Teledigit. The closing was originally scheduled for July 31st, 2008 and we are way ahead of schedule. Our new closing date will be June 16th, 2008. We are extremely pleased with the outcome of the audit. This is a milestone for both companies as we go forward with the filing of an 8-K with the SEC. We previously reported sales of Teledigit were approximately $1.7m per annum in 2007. The audit up held this number and the actual audited revenue number for 2007 is $1,741,141. Looking forward to 2008 and beyond, our challenge is to grow Teledigit through new sales and new acquisitions. Growth in the telecommunications industry remains solid. We believe that our business customers will continue to up-grade and expand their telecommunications and data infra-structure to cut the increased costs of airline and ground travel costs. Virtual meetings and telephony gives our customers the tools that they need to compete in the high tech Business environment.”
Update on China: Our NWTT rep is currently on his third trip to China. We anticipate an update on our China activities next week.