First Guardian Financial Corporation Updates Status of Land Acquisition in Canada Business Editors
NEW YORK--(BUSINESS WIRE)--July 12, 2006-- First Guardian Financial Corporation (Pink Sheets: FGFC) reports as of today the status and progress on its joint venture land acquisition of 50 acres of land in Woodstock Ontario, Canada.
The company (FGFC) as previously announced agreed to a joint venture that will acquire a 50 acre parcel located in Woodstock, Ontario, Canada. First Guardian Financial Corporation will be the majority partner (controlling 51% or better of the joint venture).
First Guardian Financial Corporation has tendered its initial deposits and is now in the due diligence phase of the acquisition, the company is in the process of obtaining an appraisal of the property and receiving proposals from prominent planners that will determine and handle the necessary re zoning and environmental studies and the best use of the property.
The 50 acre parcel is located in Woodstock Ontario, Canada (http://www.city.woodstock.on.ca) in the proximity of the New Toyota Motor Company Plant being constructed, that is scheduled to be in production by 2008.
"We are very optimistic and excited regarding the acquisition of this parcel of land as the company believes that the development/use potential will result in a very lucrative project for the company." Said Abraham Rosenman President First Guardian Financial Corporation Mr. Rosenman also added "that this will be the first project for the company outside the United States and that company executives will be traveling to Toronto, Canada later this month to review other potential Joint Venture opportunities."
dang Jack! good job dude........
I have never posted a PR first Posts: 1307 | From: Pittsburgh, PA | Registered: Jun 2006
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posted
naaa, i am long on fgfc, long enough to flip it lol, and a bunch others..no FHAL but I bought up PGPM 3 days ago, and now up 50% Posts: 1029 | From: Long Island, NY | Registered: Apr 2006
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i had 1.25 mill three weeks ago still have 500,000 and wiil up my position shortly!!
Posts: 1307 | From: Calgary AB Canada | Registered: Apr 2006
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Count your Uncle Smelly in for 600K shares. Looking to get another 400K, but have to wait for .015 if we see that again !
Posts: 630 | Registered: Jun 2006
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Press Release Source: First Guardian Financial Corporation
First Guardian Financial Corporation Corrects Company Status and Has Officially Completed the Filings Amending the Company's Authorized Shares to 152 Million with the Secretary of State in Delaware Thursday July 13, 9:04 am ET
NEW YORK--(BUSINESS WIRE)--July 13, 2006--First Guardian Financial Corporation (Pink Sheets:FGFC - News) today announced that it has completed the amendment of its authorized shares to 152 million and has corrected the company's status with The Secretary of State in Delaware. ADVERTISEMENT
The company will also be forwarding a copy of said amendments to its Transfer Agent so that they may adjust/update their records accordingly, (this update may take a day or so depending on their process).
The company has also opened up a new website for its wholly owned subsidiary Windsor Capital, LLC (www.windsorcapltd.com), this site is very preliminary and we will continue to add and upgrade it, as time permits and the same with the company's corporate website (www.guardianfinancialcorp.com).
"We are extremely pleased that since new management came on board, that within a short period of time, within a couple of months, we have been able to reduce the company's share structure from 520 million authorized down to 152 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We expect to close on the previously announced purchase of 50 million additional restricted shares by next week, further reducing the share structure and after that we anticipate even further reduction of the share structure via our buyback program."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests and provides financing for its own portfolio in small to mid sized businesses nationally. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
-------------------- If ignorance is bliss, why aren't more people happy? Posts: 2647 | From: MN | Registered: Feb 2006
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First Guardian Financial Corporation Corrects Company Status and Has Officially Completed the Filings Amending the Comp Business Editors
NEW YORK--(BUSINESS WIRE)--July 13, 2006-- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the amendment of its authorized shares to 152 million and has corrected the company's status with The Secretary of State in Delaware.
The company will also be forwarding a copy of said amendments to its Transfer Agent so that they may adjust/update their records accordingly, (this update may take a day or so depending on their process).
The company has also opened up a new website for its wholly owned subsidiary Windsor Capital, LLC (http://www.windsorcapltd.com), this site is very preliminary and we will continue to add and upgrade it, as time permits and the same with the company's corporate website (http://www.guardianfinancialcorp.com).
"We are extremely pleased that since new management came on board, that within a short period of time, within a couple of months, we have been able to reduce the company's share structure from 520 million authorized down to 152 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We expect to close on the previously announced purchase of 50 million additional restricted shares by next week, further reducing the share structure and after that we anticipate even further reduction of the share structure via our buyback program."
Posts: 199 | From: beach, sc | Registered: Mar 2006
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nothing but good news here. when this going to run? website launch? would be nice if PR's gave it a little pre-run boost, huh?
-------------------------------------------------------- First Guardian Financial Corporation Corrects Company Status and Has Officially Completed the Filings Amending the Company's Authorized Shares to 152 Million with the Secretary of State in Delaware
Business Wire - July 13, 2006 09:04
NEW YORK, Jul 13, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the amendment of its authorized shares to 152 million and has corrected the company's status with The Secretary of State in Delaware.
The company will also be forwarding a copy of said amendments to its Transfer Agent so that they may adjust/update their records accordingly, (this update may take a day or so depending on their process).
The company has also opened up a new website for its wholly owned subsidiary Windsor Capital, LLC (www.windsorcapltd.com), this site is very preliminary and we will continue to add and upgrade it, as time permits and the same with the company's corporate website (www.guardianfinancialcorp.com).
"We are extremely pleased that since new management came on board, that within a short period of time, within a couple of months, we have been able to reduce the company's share structure from 520 million authorized down to 152 million," stated Abraham Rosenman, President of First Guardian Financial Corporation. Mr. Rosenman also stated, "We expect to close on the previously announced purchase of 50 million additional restricted shares by next week, further reducing the share structure and after that we anticipate even further reduction of the share structure via our buyback program."
About First Guardian Financial Corporation:
The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests and provides financing for its own portfolio in small to mid sized businesses nationally. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
posted
Alright, I think everyone has seen the article now...I'm trying to increase my position some more, but we'll see...does anyone in here have a read on FHAL? it looks like there is some decent potential if it can break that wall at .3
Posts: 36 | Registered: Jun 2006
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If anyone wants to unload at .018 now is the time to do it. I've got a big buy order in at .0181.
Posts: 2049 | From: Jax,FL,USA | Registered: Nov 2003
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ON FIRE! This thing has major potential, they arn't screwing this up like many anticipated..I STAND BY!!!
Posts: 1029 | From: Long Island, NY | Registered: Apr 2006
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