[0] Finantra Capital, Inc. Acknowledges Contact by NASD Regarding Unusual Trading Volume.Business Editors PLANTATION, Fla.--(BUSINESS WIRE)--May 15, 2001 Finantra Capital, Inc. (Nasdaq:FANTE) today said the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). has contacted the Company regarding heavy trading of its common stock today. Finantra said it has no knowledge of the origins of the trading. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Certain of the statements contained herein, which are not historical facts, are forward-looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the Company is detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. |
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