First Colonial Ventures' Common Stock resumes trading under new trading symbol.LOS ANGELES--(BUSINESS WIRE)--Jan. 9, 1996--First Colonial Ventures, Ltd. announces that its Common Stock will resume trading today 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. exchange under the new trading symbol Trading symbol See: Ticker symbol "FCVL." In consideration of the recently announced 1-for-20 reverse stock split, First Colonial's Common Stock will open with an adjusted bid and ask price of $5-1/2 and $6 a share respectively. First Colonial Ventures, Ltd. is a Registered Business Development Corporation that invests in promising over-the-counter companies through two Portfolio Investment Companies: First Colonial Funds, Ltd. and Colonial Funds, Limited. First Colonial Ventures has diversified interests in advanced technologies, real estate, oil and gas, biotechnology and consumer goods consumer goods Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and . CONTACT: Sitra Enterprises, Inc. Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most 512/453-3817, Fax: 512/453-7553 |
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