First American Railways Inc. Announces OTC Bulletin Board Listing Under Symbol FTRN.HOLLYWOOD, Fla.--(BUSINESS WIRE)--Aug. 14, 1998--First American Railways Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:FTRN FTRN Fair Trade Resource Network ), the entertainment rail company which owns and operates the Florida Fun-Train operating between Ft. Lauderdale and Orlando and on a new route between Tampa and Orlando and provides marketing and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to the Durango & Silverton Narrow Gauge Railroad announced the listing of its shares of Common Stock on the 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. under the symbol FTRN. The OTC Bulletin Board listing follows delisting of the company's securities on the Nasdaq SmallCap Market due to the previously announced failure to meet net tangible assets/market capitalization/ net income and minimum bid price requirements and a temporary exception by Nasdaq. Forward looking statements (statements which are not historical facts) in this release are made pursuant to the safe harbor provisions of 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 of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including those risks and uncertainties detailed in the company's filings with the Securities and Exchange Commission.
CONTACT: First American Railways Inc., Hollywood
Kimberly Goguen, 954/920-0606, Ext. 123
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