American Fire Retardant Corp. Receives Letter of Intent for Four Hundred Fifty Thousand Dollars.Business Editors SAN DIEGO--(BUSINESS WIRE)--July 26, 2001 American Fire Retardant fire retardant Public health A chemical used to resist combustion, which may contain polybrominated biphenyls and antimony oxide Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AFRC AFRC Air Force Reserve Command (formerly AFRES) AFRC Armed Forces Revolutionary Council (Sierra Leone) AFRC Agricultural and Food Research Council (United Kingdom) ), a fire protection company that specializes in fire prevention and fire containment announced today that the Company has received the letter of intent in the amount of $450,000 for fire protection services on the expansion of the Barona Valley Ranch Resort & Casino located in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. . American Fire Retardant Corporation's work on the Barona Valley Ranch Resort & Casino is scheduled to commence in early October. The total Barona expansion will feature a new casino with 78,000 square feet of gaming space. The new casino will accommodate up to 2,000 Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. slot machines, 50 table games, a Bingo Hall, and an Off Track Betting facility. The expansion also includes a resort hotel, wedding chapel, and an 18-hole championship golf course, The Barona Creek Golf Club. "The trend for AFRC is definitely going in the positive direction by proof of the size of contracts being awarded to the Company. Two years ago, the average size of an awarded contract was $75,000. Today we are moving to whole new level as evidenced by bidding on a $225 million expansion project," stated American Fire Retardant Corporation President Stephen Owens. "I personally want to thank all loyal shareholders for their patience and support while the Company is striving to breakthough to its next level of success," added Owens. About American Fire Retardant Corp American Fire Retardant Corp. is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant chemicals. The Company provides fire resistive resistive /re·sis·tive/ (re-zis´tiv) pertaining to or characterized by resistance. finishing services through its "Textile Processing  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Center" for commercial users. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations. 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. for Forward-Looking Statements: Except for historical information contained herein, the statements in this new release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. |
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