Nutek Shareholder Update Concerning Failed Certificate Delivery By Brokerages
LAS VEGAS, Apr 17, 2003 (BUSINESS WIRE) -- Approaching 6 Million Shares; CEO Seeks Integrity of Outstanding Share Count
Nutek, Inc. (NUTK) today announced that the failed delivery of certificates by brokerage firms to Nutek shareholders has climbed to 5,855,506 shares at latest count, although reports are still coming in.
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Nutek Shareholder Group Files Federal Lawsuit to Force Delivery of Shares
LAS VEGAS, Mar 24, 2003 (BUSINESS WIRE) -- Nutek Inc. (NUTK) today announced that the company, along with a number of individual shareholders, filed a federal lawsuit against Ameritrade Holding Corp. (AMTD), E*Trade Group Inc. (ET), Fidelity Brokerage Services llc, Maxim Group llc and Charles Schwab & Company Inc. (SCH), for securities fraud, breach of contract, and negligence, among other claims. The plaintiff group is also demanding declaratory and injunctive relief, including asking for general, special and punitive financial damages; and that the matter be taken up for jury trial in the jurisdiction of the United States District Court's Nevada District.
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Nutek Inc. Announces Update on Certificated Share Ownership
LAS VEGAS, Mar 21, 2003 (BUSINESS WIRE) -- Nutek Inc. (NUTK) today announced that several brokerage firms have failed to deliver shares to shareholders who have requested physical ownership.
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Nutek 2002 Annual Net Profit Of Approximately $700,000 and 2003 Forecasts
Las Vegas, Nevada - February 4, 2003 - (BUSINESS WIRE) - Nutek, Inc. (OTCBB:NUTK), a publicly traded holding company, today announced net profit of approximately $700,000 for fiscal year 2002, subject to final audit.
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Nutek Inc. Posts Monthly Sales Record.
LAS VEGAS, Dec 4, 2002 (BUSINESS WIRE) -- Nutek Inc. (NUTK) today announced that the Company reached record monthly sales with unaudited November 2002 revenues of approximately $658,000.
Murray Conradie, CEO, stated, "November 2002 was the largest revenue month in the Company's history, surpassing the prior record month's performance by 7%. The record revenues for the month of November of $658,000 reflect an increase of 41% over the same month in 2001."
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