21st Century Technologies Inc. Announces Filing of Form 10-SB With the SEC to Become a Fully Reporting Company.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--Jan. 27, 2000 21st Century Technologies Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :TEXN) announced that the company has completed its Form 10-SB filing with the Securities and Exchange Commission. Interested shareholders can access the Form 10 via the Internet at www.sec.gov or www.freeedgar.com. With the filing of the Form 10, the company is ready to assume its responsibilities as a reporting company with the SEC and to provide responses, as appropriate, to any SEC staff comments. Under rules of the SEC, OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. companies are required to become &uot;fully reporting&uot; by certain specified dates or become delisted. The SEC deadline for TEXN was set in April 2000. Ken Wilson, chairman, stated: &uot;We worked as a team to complete our Form 10 in a timely manner and not wait until the last minute. As a reporting company, we feel we will gain better exposure to analysts and Wall Street in general.&uot; TEXN has five wholly owned subsidiaries: Innovative Weaponry Inc., which manufactures the multi-color three dot &uot;tritium&uot; enhanced PT Night Sights PT Night Sights are a registered brand of tritium filled fixed tactical sights for application on semi-auto pistols, revolvers, rifles, and shotguns. The brand was launched in 1986 by fledgling New Mexico based Innovative Weaponry, Inc. to the military, law enforcement and gun enthusiasts; Trident Technologies Inc., which manufactures and sells the Gripper and Under Water Seal utilizing patented &uot;magnetic&uot; technology; Griffon griffon: see Brussels griffon; wirehaired pointing griffon. USA Ltd., which imports and distributes a 1911 Colt 45 replica sidearm side·arm adj. Sports Thrown with or marked by a sideways motion of the arm between shoulder and hip height and relatively parallel to the ground: a sidearm baseball pitch. ; Trade Partners International Inc., which imports and sells a latex tire sealant; and CQB CQB Close Quarters Battle CQB Close Quarter Battle (Mike Curtis novel) Armor Inc., which is in the process of becoming a manufacturer and seller of soft body armor gear to the military and law enforcement. All of the subsidiaries are reported on a consolidated balance sheet consolidated balance sheet A balance sheet in which assets and liabilities of a parent company and its controlled subsidiaries are combined, thereby presenting balance sheet items for the parent and its subsidiaries as if they were a single firm. . Information about TEXN is available at www.texn.com and www.ptnightsights.com. Further, commencing Feb. 1, 2000, the company will feature a &uot;Frequently Asked Questions,&uot; or &uot;FAQs,&uot; section on its www.texn.com Web site to respond to growing shareholder interest in the company. Forward-looking statements and comments in this news release are made pursuant to 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. provisions of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the company from time to time with the Securities and Exchange Commission in the future. |
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