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21st Century Technologies Announces Subpoena Regarding Inquiry of Third-Party Financing Consultants.


LAS VEGAS -- 21st Century Technologies Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:TFCT TFCT Thorium Fuel Cycle Technology
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) today announced that the company has received a subpoena from the Securities and Exchange Commission regarding the Commission's non-public, fact-finding of certain third-party financing sources used by the company.

The Commission has not indicated that there has been any wrongdoing wrong·do·er  
n.
One who does wrong, especially morally or ethically.



wrongdo
 on the part of either the company or any financing sources used by the company. The company has complied fully with the Commission's request for information and will continue to cooperate in whatever manner required.

21st Century Technologies 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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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 7, 2005
Words:198
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