21ST Century Frontier Group Receives Proposal for Funding of $1 million from AT&T Capital Corp.MOUNT LAUREL, N.J.--(BUSINESS WIRE)--May 1, 1998--21ST Century Frontier Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TCFG TCFG Trillion Cubic Feet of Gas (Natural Gas) ), a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. announced Friday that is has received a proposal for funding of $1 million from AT&T Small Business Lending Corp. to provide the first mortgage funding on the real property for the acquisition of Hacienda hacienda also called estancia (Argentina and Uruguay) or fazenda (Brazil) In Latin America, a large landed estate. The hacienda originated in the colonial period and survived into the 20th century. Motorcycles Inc. in Safford, Ariz. This funding is contingent upon Adj. 1. contingent upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent full compliance by 21ST Century Frontier with the requirements of AT&T. Laurence Zitkevitz, president and chairman of 21ST Century Frontier Group Inc., stated, "We are encouraged with this recent proposal from AT&T Capital Corporation that we are one step closer to the completion of the Hacienda/Harley-Davidson Motorcycle Acquisition. Hacienda Motorcycles Inc. will bring approximately $7 million in sales and $3 million in assets to 21ST Century Frontier Group, Inc." 21ST Century Frontier Group Inc. has business interest as a diversified investment holding company in three distinct subsidiaries in recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. , automotive, and media industries. This press release contains forward looking statements which involve numerous risks and uncertainties. The company's actual results could differ materially from those anticipated in such forward looking statements as a result of certain factors, including those set forth in the company's filings with the Securities and Exchange Commissions. Investors are specifically advised to review the company's materials carefully before making any investments. CONTACT: 21ST Century Frontier Group Inc. Laurence Zitkevitz, 609/802-9200 www.emccorp.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion