CLTC Ventures Corporation Announces New Structure and Symbol Change.IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to -- CLTC CLTC Certified in Long-Term Care CLTC Community Long Term Care CLTC Chapter Leadership Training Conference Ventures Corporation formally Client Track Corporation (PINK SHEETS: CVCR CVCR Central Valley of Costa Rica (genetics) ) announced today that the Company's Board of Directors on May 11th, 2007 unanimously approved a change in name and business structure. No split or dividend of the Company's common stock took place with this change. The change in name and business structure became effective on May 29, 2007. According to Lorena Miranda, President and 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. , "We have made significant operational progress moving the Company from an organization and acquisition stage to a point where our primary focus is now acquisitions, marketing and production. The time has come to realign re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. our value share base. We believe that the change in name and business structure will position the Company's stock in a price range that is more attractive to a broad range of significant investors. Turning to the future, I firmly believe that CLTC Ventures Corporation has the strategy, people and now the capital structure in place to deliver long-term shareholder value." About CLTC Ventures Corporation CLTC Ventures Corporation, headquartered in Irving, Texas, is a US based energy and mining corporation focused on the strategic exploration and development of its properties with the intent to prove up mineral deposits. With the objective to grow exclusively through the effective reinvestment of its internal generated cash flows and intent to build high quality diversity and portfolio mineral assets. "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. " 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 : Statements in this news release may contain forward-looking information within the meaning of Section 27a of the U.S. Securities Act of 1993 and Section 21E of the Securities and Exchange Act of 1934, and is subject to the safe harbor created by those sections. All statements, other than statements of historical fact, are forward-looking statements that involve various risks and uncertainties, which may, individually or mutually, impact the matters described herein. There can be no assurance that such statements will prove to be accurate, and the actual results and future events could differ materially from those anticipated in such statements. The company assumes no obligation to update the information contained in this release. Readers should not place undue reliance on any forward-looking statements contained herein. |
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