5th Avenue Channel Corp. Common Stock Is No Longer Listed on Nasdaq Small Cap Stock Market And Is Now Quoted on the OTC Bulletin Board.Business Editors NORTH MIAMI North Miami, city (1990 pop. 49,998), Dade co., SE Fla., a growing suburb of Miami, on Biscayne Bay; inc. 1926. It is mainly residential, but has considerable retail development. Manufactures include boats, wooden furniture, and aluminum products. , Fla.--(BUSINESS WIRE)--Jan. 16, 2001 5th Avenue Channel Corp.'s (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FAVE fave Informal n. One that is preferred above others or likely to win; a favorite. adj. Favorite. [Short for favorite.] ) common stock is no longer trading on the Nasdaq Small Cap Stock Market and is quoted on the 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. . Quotes can be obtained under the symbol FAVE or on some websites as FAVE.OB. About the 5th Avenue Channel 5th Avenue Channel Corp., through its Net Video Networks division, is creating and aggregating television and video content available through streaming on-demand form on the Internet, as well as technology for the encoding and transmission of such video content. The company owns and operates a wireless cable system in Wisconsin and 5th Avenue Channel Retail, Inc. a business-to-business sales division that sells products to mass market retailers across the country. This press release contains statements that are forward looking and are made pursuant to the 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 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. When used in this press release the words "believes," "plans," "estimates," "expects," "intends," "anticipates," "may," "will," "should," "could," and other similar expressions are intended to identify forward-looking statements. All forward-looking statements are based largely on current expectations and beliefs concerning future events that are subject to substantial risks and uncertainties. Actual results may differ materially from the results suggested herein. 5th Avenue Channel's actual results may differ materially from the results discussed, implied or forecasted in the forward-looking statements. Further information on the factors that could affect the actual results of 5th Avenue Channel Corp. are included in its report on Form 10-KSB for the year ended December 31, 1999, and the most recent form 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound for the quarter ended September 30, 2000, which are on file wit the Securities and Exchange Commission. 5th Avenue Channel Corp. assumes no obligation to revise or update any forward-looking statements contained in this press release. |
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