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Asset Equity Group CEO Updates Shareholders.


Business Editors

HENDERSON, Nev.--(BUSINESS WIRE)--April 22, 2002

Asset Equity Group, Inc. (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.
: ASEQE, ASEQ ASEQ Alliance pour la Santé Étudiante au Québec (French)
ASEQ Agricultural Systems for Environmental Quality
ASEQ Alarm and Safety Equipment (Antwerp, Belgium)
ASEQ Autonomous Sequence (number) 
) 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.  Stephen Brown Stephen Brown may refer to:
  • Adventures of Stephen Brown, a science-fiction series
  • Stephen Brown (judge), a member of the British privy council
  • Stephen Brown (athlete), a competitor at the 2000 Summer Olympics
  • Stephen Brown (columnist), a contributor to
 today assures shareholders of the company's continuing forward motion.

Today, Asset Equity Group's listing on NASDAQ's OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:BB has been appended with an "E", temporarily making the symbol ASEQE. Under this symbol, the company is given an additional 30 days to complete the filing of its 2001 10K SB. Provided that this filing is completed within the allotted al·lot  
tr.v. al·lot·ted, al·lot·ting, al·lots
1. To parcel out; distribute or apportion: allotting land to homesteaders; allot blame.

2.
 time, Asset Equity Group will maintain its listing under the symbol ASEQ.

"I would like to assure the shareholders that everything is being done to complete the required filings so that ASEQ will maintain full trading status," says Mr. Brown. He added, "I would also like to extend our gratitude to the shareholders for their patience and confidence as we weather this passing financial environment that has shown us the demise of so many other companies. We are sure that the company's new direction is one of financial promise and solidarity that will bring the shareholders greater value for their investment."

About Asset Equity Group:

Specializing in pooling diversified resources, Asset Equity Group takes pride in developing real estate that enhances communities and active lifestyles while promoting commerce and social interaction. A full Corporate Profile may be seen at www.assetequitygroup.com under Company Profile.

Forward-looking statements and comments in this press 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, among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessary subject 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.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 22, 2002
Words:313
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