China Housing & Land Development, Inc. Shares Start Trading in the US under New Stock Symbol 'CHLN'.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- China Housing & Land Development, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CHLN), announced that as of May 5, 2006, the company's name has been changed to China Housing & Land Development, Inc. from its previous name, Pacific Northwest Productions Inc., and new ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors CHLN became effective on May 5, 2006. The company has declared a stock dividend payable on May 5, 2006 of seven shares of common stock for each share of its common stock outstanding. The stock dividend is payable on May 5 to all record holders on May 2, 2006. China Housing has a total of 20,000,000 shares of common stock (fully diluted) outstanding after the stock dividend. The company recently entered into and closed a Share Purchase Agreement with Xian Tsining Housing Development Co., LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability ., a company formed under the laws of the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. A Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. reflecting the share purchase, including the company's financial statements as of December 31, 2005 has been filed with the U.S. Securities and Exchange Commission. The company's financial year end is December 31. This press release may contain certain forward-looking information and statement concerning the company's operations, performance and financial condition. These statements are based upon a number of uncertainties and contingencies, many of which are beyond the control of the company. Actual results may differ materially from those expressed or implied by such forward-looking statements. This document is not intended to be and is not an advertisement for any securities of the company. |
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