21st Century Technologies Inc. to Establish Information Officer.Business Editors FORT WORTH, Texas--(BUSINESS WIRE)--Dec. 20, 1999 Ken Wilson
See OTC Bulletin Board (OTCBB). :TEXN), today announced that a new position as information officer has been created to answer both shareholder and public inquiries. This new post has become necessary in order to effectively deal with telephone and written requests for information. Although 21st Century has cautioned shareholders in its last news release about its responsibility as a public company to report material information to the public in strict compliance with the Securities and Exchange Commission's rules and regulations, the company continues to receive telephone calls from a number of persons who repeatedly attempt to get access to non-public information. This non-public information is legally available only to 21st Century's management, its attorneys and accountants. Rule 10b-5 and other anti-fraud rules of the Securities and Exchange Commission impose civil and criminal penalties for anyone using inside information to buy and sell securities. These penalties apply to both the person giving the inside information or "tipster tipster A person who provides inside information. ," as well as the recipient or "tippee tippee A person who is given inside information. ." "We feel that our new information officer will assist shareholders and the public while at the same time documenting those inquires and the information provided," said Wilson. 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. 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 relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc , among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessary subjects 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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