Asgard Alliance Announces Change in Trading Symbol.TAMPA, Fla.--(BUSINESS WIRE)--Sept. 21, 1999-- Asgard Alliance Corp. (formerly Hydro Grow Inc.) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:HGRW) announced Tuesday that the requisite number of shareholders have approved a change of its corporate name to Asgard Alliance Corp. and the assignment of "AACP AACP American Academy of Child Psychiatry. AACP, n.pr See Acupuncture Association of Chartered Physiotherapists. " (OTC BB:AACP) as the trading symbol Trading symbol See: Ticker symbol for its common stock. The symbol change will become effective at the open of business on Sept. 22, 1999. Lars Thurman, company president and chief executive officer, said the name and symbol change more accurately reflect the company's growth-by-acquisition strategy, which began earlier this year with the acquisition of Healthcare Development Corp. In addition, the company also acquired 15 acres of previously leased property for its hydroponics hydroponics, growing of plants without soil in water to which nutrients have been added. Hydroponics has been used for over a century as a research technique, but not until 1929 were experiments conducted solely to determine its feasibility for growing commercial farming operation in Odessa, Fla. Asgard Alliance is a specialty holding company that currently has two wholly-owned subsidiaries: an advanced farming division, Hydro Grow Inc., and a healthcare division, Healthcare Development Corp. A third division is expected to be announced To be announced (TBA) A contract for the purchase or sale of an MBS to be delivered at an agreed-upon future date but does not include a specified pool number and number of pools or precise amount to be delivered. soon. "Safe Harbor" 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: To the extent that this news release makes statements about the future, such statements are forward looking and subject to a number of risks and uncertainties, including, but not limited to, the impact of competitive services, demand for such services and market acceptance risks, reliance on key strategic alliances, fluctuations in operating results, reimbursement policies of government and private payors and other risks. These risks could cause the Company's actual results from the current fiscal year and beyond to differ materially from those expressed in any forward looking statements made by, or on behalf of, the Company. |
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