Drug store
Earlier this year NW Tech Capital sent a delegation to China to seek out merger and acquisition opportunities. Formerly known as Cybertel Capital Corp, NWTT is a technology base provider to national and regional businesses and other consumers in the Pacific Northwest of the United States.
On its site it states: Our Mission Statement is to become the leader in voice and data telecom products and services in the Pacific Northwest and beyond.
Now NW Tech Capital, apparently ignoring its mission statement, has increased its stake in the Zhuhai Jialun Guangcai Chain Drug Store — this has a majority interest in the 400 ZJG Drugstores based in Guangdong Province — by the additional acquisition of software currently in use by over 2,000 drug stores in China.
Guangcai is a program for the management of drugstores, wholesalers and manufacturers. The software is used by over 2,000 chain drugstores in Guangdong Province.
The enterprise software was developed by the founders of ZJG Drugstores.
Source: MarketWatch