Traker,
I liked what I saw, regarding product until I got to
OTHER INFORMATION:
NXTC used to be traded under the symbol IMGI (International Image Inc). IMGI filed Chapter 11 Bankruptcy (Reorganization) in August 1997. The Reorganization Plan included a one for five reverse stock split and the issuance of common stock and warrants to the creditors in exchange for outstanding debt and accrued interest. Specifically, short-term advances to related parties in the amount of $206,512 and
accrued interest in the amount of $7,249 were exchanged for 500,000 shares of common stock and warrants to purchase 2,000,000 and 1,000,000 shares of common stock (post split) at $3.50 and $4.50 per share, respectively.
After the Reorganization, IMGI agreed to sell its wholly owned subsidiary, Electronic Systems Engineering Co. and to acquire Healthcare, Rose Color and SPS by issuing 14.6 million shares of common stock.
Not sure these folks couldn't do the same thing all over again, tell me something to change my mind. Luckie Sandie
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