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BLTO Benitec Opt Apr14

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Name Symbol Market Type
Benitec Opt Apr14 ASX:BLTO Australian Stock Exchange Option
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0 -

Bluetorch Inc. Announces New Trading Symbol

15/04/2005 6:32pm

PR Newswire (US)


Benitec Opt Apr14 (ASX:BLTO)
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Bluetorch Inc. Announces New Trading Symbol LOS ANGELES, April 15 /PRNewswire-FirstCall/ -- Bluetorch Inc. (OTC:BTOR) (BULLETIN BOARD: BTOR) announced today that it had received its new trading symbol from Nasdaq as a result of the Company's previously announced 2500 to 1 reverse stock split. Effective Monday, April 18, 2005, the Company will trade under the symbol BLTO (OTC:BLTO) (BULLETIN BOARD: BLTO) . About Bluetorch Inc. As an investment company that has elected to be treated as a "business development company" (BDC) under the Investment Company Act of 1940, Bluetorch Inc. is looking to invest in companies that can demonstrate a history of positive cash flow and economic fundamental values prior to the acquisition. These entities will have the prospect for expansion from their existing profitable base as a result of access to additional capital and/or additional management acumen. As part of this strategic process, the Company will look for acquisition opportunities in all consumer product categories that have the potential for a positive return on investment, both in terms of current income and capital appreciation. Investor Contact Information: Marge Rohr at (909) 861-3244 or , and Geoffrey Eiten, OTC Financial Network, (781) 444-6100 x613 or . Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports. DATASOURCE: Bluetorch Inc. CONTACT: Marge Rohr of Bluetorch Inc., +1-909-861-3244, ; or Geoffrey Eiten of OTC Financial Network, +1-781-444-6100, ext. 613, , for Bluetorch Inc.

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