Asia Properties Files SB-2 Registration with SEC.Business Editors/Real Estate Writers BELLINGHAM, Wash.--(BUSINESS WIRE)--June 9, 2003 Asia Properties, Inc. (Pink sheets:ASPZ) today announced it has filed it's SB-2 Registration Statement with the U.S. Securities & Exchange Commission on June 6, 2003. This Registration Statement includes the US$ 5 million Underwriting provided by Cornell Capital Partners. The company plans to use the proceeds from this Underwriting to build out its planned five star beach resort in Phuket, Thailand. "We are extremely pleased with this Underwriting facility and the ability that it is giving API (Application Programming Interface) A language and message format used by an application program to communicate with the operating system or some other control program such as a database management system (DBMS) or communications protocol. to go quickly into the resort development with very little debt," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Daniel S Daniel, book of the Bible Daniel, book of the Bible. It combines "court" tales, perhaps originating from the 6th cent. B.C., and a series of apocalyptic visions arising from the time of the Maccabean emergency (167–164 B.C. . Mckinney. API plans to apply for a listing on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board upon SEC clearance of the SB-2 and then for a listing on the new NASDAQ BBX BBX Business Basic Extended BBX Business Barter Exchange BBX Blue Bell, Pennsylvania (Airport Code) BBX Blockbuster Express (UK video store) when that exchange starts to trade. Asia Properties, Inc. was established to invest in prime quality real estate in Thailand, and regionally in Asia at deep discounts. API is the only vehicle through which non-Thais can buy Thai real estate and hold the interest in the form of a liquid security trading on a U.S. securities market. Statements which are not historical facts are 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. . The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, which could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , competition and other factors which may be identified from time to time in the Company's public announcements. |
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