NUTK yuppers, here's their news.
NUTEK INC - Final Acceptance by the SEC
New York, New York, Dec. 05, 2000 (Market News Publishing via COMTEX) -- Nutek
Inc. announced that their latest response from the Securities and Exchange
Commission is that the Form 10 filing is complete with no further comments.
Murray Conradie, Nutek president, expressed his complete satisfaction as he
stated, "We have now met all necessary filings and compliances to make us a
fully reporting entity." He also announced that the shareholders would be
receiving a newsletter in the near future describing some of the various growth
programs for Nutek and the shareholders.
The completion of the SEC compliance now allows everyone at Nutek to focus
completely on future business and profit centers.
"I realize this has been a very long and drawn out process, but I would like to
thank the examiners we have worked with at the SEC who have been very helpful
during this process. I would also like to thank all those shareholders who have
remained with the company throughout this process and welcome those who have
recently joined us," stated Conradie.
Finally, Conradie stated, "following a conservative past year during which we
have been working through this compliance process, we can now look forward to
moving ahead to achieve further growth in Nutek."
Safe Harbor for Forward-Looking Statements Except for historical information
contained herein, the statements in this release are forward-looking statements
that are made pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements involve known and
unknown risks and uncertainties, which may cause the company's actual results in
future periods to differ materially from forecasted results. Such risks and
uncertainties include, but are not limited to, market conditions, competitive
factors, the ability to successfully complete additional financings and other
risks.
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TEL: 714/799-7266 Richard Overdorf (investor relations),
TEL: 714/799-7266 Richard Overdorf (investor relations)
FAX: 714/799-5466 Nutek Inc., Huntington Beach
E-mail: investors@nutk.com
Web site: www.nutk.com
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