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Non-Tech : Under $0.05 stocks

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From: jmhollen4/11/2006 8:43:00 AM
   of 696
 
First Guardian Financial Corporation Reports it has Completed 10 for 1 forward Stock Split Payout & Has Filed for a Reduction of its Authorized Common Stock

NEW YORK, Apr 11, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (Pink Sheets:FGFC) today announced that it has completed the payout of the 10 for 1 forward stock split per the announced pay date. The company has also filed with the state of Delaware a reduction of the company's authorized common shares to 200 Million.


The company's near term plans going forward include the completion of the recently agreed acquisition of a majority stake in Windsor Capital LTD, and to get the recently acquired Buysellmerge.com portal up and running on the web (The site is currently under development)while seeking additional investments and acquisition candidates.

"These are very exciting times for our company as we start to integrate our current investments while executing our business plan. The company has identified additional potential investments & acquisitions and are in various stages of discussions with them, the company is particularly interested in a regional mortgage company and a small community bank in the northeastern United States and intends to pursue them aggressively," said Mr. Abraham Rosenman President First Guardian Financial Corporation

About First Guardian Financial Corporation:

The company provides Commercial Real Estate Financing & Invests for its portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest in businesses either start up or growth wise 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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