Northeast Development Corporation Receives Foreign Investment Commitment for Property Development.PHILADELPHIA Philadelphia, ancient cities Philadelphia, name of several ancient cities. One was in Lydia, W Asia Minor (now W Turkey). At the foot of Mt. Tmolus and near the location of modern Alaşehir, it was founded in the 2d cent. B.C. -- Northeast “Northeastern” redirects here. For the Boston college, see Northeastern University, Boston. Northeast or north east is the ordinal direction halfway between north and east. It is the opposite of southwest. See boxing the compass. Development Corp., Pink Sheets:NHVP, announced today that a foreign investor has committed himself to invest $500000 into the corporation. The funds will be used in land development projects which are being considered at present. Currently, the corporation is focussing on acquiring a 52 acres residential development property in the Hartford County, Connecticut Hartford County is located in the north central part of the U.S. state of Connecticut. As of 2000 the population was 857,183. The population estimate for 2005 was 877,393. In Connecticut there is no county government; the counties determine court boundaries, but little else. area. To show the seriousness of his commitment a deposit of $50000 has been received from the foreign investor. In return for his investment the foreign investor is entitled en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: to a convertible note for restricted stock of NHVP at a rate of $ 0.20 per share. Statements in this release, which relate to other than strictly historical facts, including statements about the Company's plans and strategies, as well as management's expectations about new and existing products, technologies and opportunities, market growth, demand for acceptance of new and existing products, are 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. . The words 'believe', 'expect', 'anticipate', 'estimate', 'project', and similar expressions identify forward-looking statements that speak only as of the date hereof here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . This press release contains certain Forward-looking statements regarding NHVP Corp., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause NHVP's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by NHVP in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect NHVP's business. |
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