Mike:
Here are a couple of recent news releases. By way of independant information, I can only tell you that the company and the stock have performed well and I am told it is ready to roll.
The long range plans always included moving to Nasdac, which may not be too far off.
ZTEST Electronics Inc ZTST
Shares issued Jun 26 close $1.90
Fri 27 Jun 97 News Release
Mr Wojciech Drzazga reports
The company has arranged a 90,000 units private placement with Temple
Investment Company Ltd. Each unit, at $1.71, will be comprised of one share
and one-half warrant with each full warrant exercisable to purchase a share
at $2 in the first year and at $2.25 in the second year.
This private placement will net ZTEST $153,900 to be applied to working capital.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
ZTEST Electronics Inc ZTST
Shares issued Jun 19 close $2.00
Fri 20 Jun 97 News Release
Mr Wojciech Drzazga reports
The company has arranged a 150,000 units private placement. Each unit, at
$1.67, will be comprised of one share and one-half warrant with each full
warrant entitling the private placee to purchase a further share at $1.95
in the first year following closing of the transaction and at $2.25 in the
second year following closing of the transaction.
This private placement will net the company $250,500.00 to be applied to
working capital.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
JV company formed with Nexsys Commtech
ZTEST Electronics Inc ZTST
Shares issued Jun 3 close $1.55
Wed 4 Jun 97 News Release
Mr James Lalonde reports
The company has agreed to form a joint venture company with its partner,
Nexsys Commtech International Inc, to develop international markets for
Nexsys' two-way wireless communication platform. The company is to own 50%
of JVComp with Nexsys owning the other 50%. Mr Wojciech (Ted) Drzazga,
president of Ztest, will also become the president of JVComp. JVComp will
have an exclusive master licence in its approved territory for all existing
and future products of Nexsys' technology. It will have a mandate to select
suitable partners to develop local markets in exchange for ongoing royalty
payments and an equity position where applicable.
Initially, the focus of JVComp will be on the former eastern block
countries with the first targeted country to be Poland. The Nexsys wireless
communication platform will initially allow for the offering of remote
monitoring of fire and security alarm systems, energy usage management and
automated meter reading and billing capabilities. Nexsys' wireless solution
will be very well received in this particular region because some of the
services it can provide have never been offered to end users before.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
Hope this helps.
I am told that the near future could hold at least another doubling of the stock. So far, I have not been misled.
Ed |
