I wanted to post news from a recent (11/17/97) letter I received from NUTEK. I bought stock directly from NUTK and received this letter with information on how to get stock certs.
" AS a shareholder in NuTek, you will be kept informed of our activities and progress. We have assembled a very professional and competent manufacturing, marketing, and financial management team. This coupled with strategic alliances with other companies gives us a strong foundation from which to achieve the company's strategic goals. Therefore, starting in January 1998, we will be sending you periodic updates of the company's progress, and posting the notices and various Press releases on our Internet Web Page at
www.nutk.com.
We recognize what is most important to you as an investor, is strength, stability, growth, profitablity and continued appreciation of your stock's value. These objectives are directly tied to the patented products that our International Licensing Group division owns. ILG has an immpressive array of new, exclusive products, which will be released to the public in upcoming months.
The Vac-U-Lift division in in the process of acquiring additional oil leases, which will have several positive impacts on NuTek. First, the value of the reserves will increase, both as a result of rising oil prices and the physical acquision of additional leases with substantial reserves. This will increase the Oil Reserves asset entry in Nu Tek financials. Second, the production of oil will increase.It is anticipated that the Vac-U-Lift division will demonstrate profitability by by the end of the first quarter of 1998, if not sooner." |
