21st Century Technologies Announces Reverse Stock Split Resulting from Approval of Amendment to Articles of Incorporation.LAS VEGAS -- 21st Century Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TFCY) today announced that the company's earlier announced stock symbol change from TFCT TFCT Thorium Fuel Cycle Technology TFCT Task Force on Combating Terrorism TFCT Transverse Folded Cabinet Technology to TFCY was made as a result of an amendment to the company's Articles of Incorporation The document that must be filed with an appropriate government agency, commonly the office of the Secretary of State, if the owners of a business want it to be given legal recognition as a corporation. that effected a one-for-thirty reverse stock split of the company's common stock. The amendment was approved by a majority shareholder vote at a special meeting of shareholders that was held on Jan. 5, 2005. The proposed amendment was announced as part of a Definitive 14-C Information Statement filed with the Securities and Exchange Commission on Dec. 17, 2004. 21st Century Technologies (OTCBB:TFCY) is a Business Development Company operated pursuant to the Investment Companies Act of 1940. It holds various enterprises as investments and seeks to grow companies in which it has an interest. 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. Statement Under 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: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, regulatory approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties as may be detailed in the company's filings with the Securities and Exchange Commission. |
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