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Stock impact report

Summit Networks, Inc. Provides a Corporate Update on Operations [Yahoo! Finance]

SUMMIT NETWORKS INC (SNTW) 
NASDAQ:AMEX Investor Relations: summitpartners.com/2017
Company Research Source: Yahoo! Finance
VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- Summit Networks, Inc. (OTCQB: SNTW) ("Company") announces that its management team held its first post-acquisition meeting on April 16, 2024. Management discussed the Company's strategic plan and timelines for fully integrating St. Mega Enterprises' ("Mega") business operations. Over the next year, Management expects to execute its business plan focusing on sales, marketing strategies, and profitability targets. Mega has more than thirty (30) years of experience in designing, manufacturing, and installing wood products, including cabinets and the construction of houses. Management is working with its auditors and legal professionals to file, by the end of June 2024, the audited financial statements on the St. Mega Enterprise acquisition. The Company expects to integrate its business model by September 2024, SNTW fiscal year-end. Upon a successful financial raise, Management will hire high-tech professionals to expand Show less Read more
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