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Non-Tech : NCFC - New Capital Funding Corporation

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From: jmhollen4/24/2006 10:42:10 AM
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First Guardian Financial Corporation to Perform Required Due Diligence to Move from the Pink Sheets to the OTCBB

NEW YORK, Apr 24, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (Pink Sheets: FGFC) today announced that it's Board has agreed to review/explore moving the company from the pink sheets to the OTCBB trading arena.


The company will retain the services of a sec attorney to direct the potential move and handle all the required paperwork for such a move; the company will also retain the services of an auditor to provide the required audited financial statements that would be needed for such a move to the OTCBB.

"This potential move from the pink sheets to the OTCBB is a very important plateau for the company as it demonstrates to our shareholders and the public that we are serious and very committed in our goal of moving the company forward," said Abraham Rosenman, President of First Guardian Financial Corporation "We will announce updates as they occur on a regular basis regarding the progress we are making, upon completion of the required audit, we will then immediately be filing the necessary documents with the SEC to become fully reporting and trading on the OTCBB."

About First Guardian Financial Corporation:

The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. 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.

SOURCE: First Guardian Financial Corporation
CONTACT: First Guardian Financial Corporation Investor Relations, 212-572-4823 Fax: 212-572-6499 ir@guardianfinancialcorp.com www.guardianfinancialcorp.com

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