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Technology Stocks : Nu Electric Corp. (NRGE)
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To: Zoro who wrote (44)10/14/1999 10:28:00 AM
From: marketmaven  Read Replies (1) of 52
 
Form 10 just filed by NRGE: NuElectric Corporation Files Form 10-SB; Considers More Acquisitions
TARPON SPRINGS, Fla., Oct. 14 /PRNewswire/ -- NuElectric Corporation (OTC Bulletin Board: NRGE - news) is pleased to announce that it has filed Form 10-SB with the U.S. Securities and Exchange Commission (``SEC'). Upon approval and acceptance by the SEC, NuElectric will begin filing regular quarterly and annual reports with the commission.

Laurie C. Scala, President of NuElectric, stated, ``We are happy to take this step forward in order to keep our shareholders and the investment community better informed about our progress. Having completed our first acquisition (Clean Water Technologies) in June, we are now considering other companies that would complement our technology-driven portfolio.'

NuElectric's business plan is to acquire and develop emerging technologies in the energy and environmental fields. For more information, please visit their Web Site at www.nrge.com .

Except for any historical information contained herein, the statements made in this press release contained forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results.

SOURCE: NuElectric Corp.
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