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Wednesday, February 29, 2012

Grandparents.com, Inc. Announces Funding of $5, 000, 000 in Reverse Acquisition With NorWesTech, Inc.

NEW YORK, Feb. 29, 2012 /PRNewswire/ -- Grandparents.com, Inc., formerly known as NorWesTech, Inc. (OTCBB: NWTH), a Delaware corporation (the "Company"), announced today that it completed a reverse acquisition transaction with Grandparents.com, LLC ("GP") in which GP contributed substantially all of its assets to the Company in exchange for which the Company assumed certain liabilities of GP and issued one share of the Company's newly designated Series A convertible preferred stock and a warrant to pu...continued
 

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