Chemistfrog's  Instablog

Send Message
I'm a small-time writer who dreams big and enjoys reading and writing about biotechs and pharmaceuticals. I also enjoy dabbling with penny stocks but keep my exposure there limited. My work experiences include food safety, water quality, pesticides, food additives, paints, plastics and... More
My company:
Chemistfrog on Twitter
My blog:
Chemistfrog Blog, Stock Picks, Alerts and Company Due Diligence!!
  • Nationwide Safe-T Propane Stock Buyback a Sign of Things to Come! 0 comments
    Dec 2, 2010 5:34 PM

     November 12th 2010

    Nationwide Safe*T*Propane, Inc. (OTCPK:NSFE) has been working diligently over the past several years to promote its Explosion Suppression Technology around the globe. Market conditions and a lack of adequate capital have made our attempts to globalize Safe*T*Foil® very difficult. In the coming years, we anticipate a continued struggle due to a weak economy and several key fuel related patents expiring. 

    Nationwide is currently trying to expand the foil technology into other applications, as well as attempting to seek out strategic partners in other industries around the globe that will fit into our culture and assist us with our vision of offering Safe*T*Foil to an international market. 

    Nationwide is announcing that it intends to begin buying back up to Fifty Million Shares (50,000,000) of the company's outstanding stock on the open market. The company feels that the company's stock, at its current price, is a good investment for the company. 

    Certain statements in this news release may contain forward-looking statements and or informationwithin the meaning of rule 17B under the securities act of 1933 and rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include among other things, product price volatility, product demand, market competition and risks inherent in the operation of the company. 
    There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

    Disclosure: Long Position

Back To Chemistfrog's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • Interview With Fabrus President Dr. Vaugh Smider $SVON
    Jan 14, 2014
  • Imminent Catalysts Should Keep Investor Interest Strong For Venaxis In 2014 $APPY
    Dec 30, 2013
  • Been buying safer stocks as of late. Work is too busy to babysit volatile pennies except for very small positions.
    May 22, 2013
More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.