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CortDev, Inc. Plans Major Expansion of Operations and Asset Base.


HOUSTON Houston, city (1990 pop. 1,630,553), seat of Harris co., SE Tex., a deepwater port on the Houston Ship Channel; inc. 1837. Economy


The fourth largest city in the nation and the largest in the entire South and Southwest, Houston is a port of entry;
 -- CortDev, Inc. (CDVJ: Pink Sheets) is pleased to announce that it is planning to significantly expand its level of operations and asset base in the US and abroad. The Company is currently in negotiations to acquire an interest in three additional major projects: (1) Rights to 10-15 oil wells in Colorado Colorado, state, United States
Colorado (kŏlərăd`ə, –răd`ō, –rä`dō), state, W central United States, one of the Rocky Mt. states.
; (2) A multi-million dollar residential development project in West Virginia West Virginia, E central state of the United States. It is bordered by Pennsylvania and Maryland (N), Virginia (E and S), and Kentucky and, across the Ohio R., Ohio (W). Facts and Figures


Area, 24,181 sq mi (62,629 sq km). Pop.
; and (3) A 10% stake in a large residential property in Paris, France. Further details on each of these projects, including financials, will be provided on September September: see month.  9. 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.  Andrea Cortellazzi stated, "This is an exciting development for CDVJ and its shareholders as we strongly believe that these projects will add substantial value to the Company."

For more information please contact CEO Andrea Cortellazzi at (647) 886-2703 or visit www.cort-dev.com.

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.
 

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 7, 2004
Words:232
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