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Non-Tech : NCFC - New Capital Funding Corporation
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To: xcentral1 who wrote (64)10/16/2006 9:52:48 AM
From: xcentral1  Read Replies (1) of 80
 
Here ya go ~
First Guardian Financial Corporation Orders NOBO List to Review & Verify Actual Shares Outstanding

NEW YORK, Oct 16, 2006 (BUSINESS WIRE) -- First Guardian Financial Corporation (PINKSHEETS: FGFC) today announced that the Company has ordered a current NOBO (Non Objecting Beneficial Ownership) list from ADP Investor Communications. The NOBO list will show the company an exact number of shares outstanding and the ownership of those shares; it is the most complete & accurate share profile that is available to the company.
The company is taking this action as we prepare to retire a large block of the company's common shares; this action is also being taken as part of preparing the company to complete its audited financial statements and filing to trade on the OTCBB.

"Once we receive the NOBO list we will review it with our auditors for any possible inaccuracies and correct such if there are any at that time," explained President Abraham Rosenman. "It seems to be that there may be some possible discrepancies and we want to be completely sure that our records are 100% accurate. Our primary interest is to have the least amount of shares outstanding as we move towards the OTCBB, and to make sure that there is no significant shorting of our shares, and if so to stop it immediately. We are committed to creating value for all of the company shareholders. As the company moves forward with increasing sales revenues and earnings from operations," said Abraham Rosenman, President.
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