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Home : November 26 2012 Computer News : Northstar Electronics Announces Termination of Sale of NNL

Northstar Electronics Announces Termination of Sale of NNL
November 26, 2012

VANCOUVER, BC--(Marketwire - Nov 26, 2012) - Northstar Electronics, Inc. (OTCQB: NEIK) has received notice that the intended purchase of its subsidiary, Northstar Network Ltd (NNL) has been canceled by Empower Technologies Corporation. It is the Company's opinion that it was in compliance with all provisions of the Definitive Share Purchase Agreement including loan agreements. Previous unrelated loan settlements regarding ongoing debt obligations of NNL remain in place.

Link: http://www.marketwire.com/mw/release.do?id=1730058&sourceType=3
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