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Pacific Crest Investments Announces New Stock Symbol
LOS ANGELES, April 22 /PRNewswire-FirstCall/ -- Pacific Crest Investments
(formerly Bluetorch Inc.) (OTC:BLTO) (BULLETIN BOARD: BLTO) announced today
that it would begin trading as of the open of business on April 25, 2005 under
OTC-BB: PCIV.
The Company announced on Wednesday, April 20, 2005 that it was changing the
corporate name from Bluetorch Inc. to Pacific Crest Investments.
About Pacific Crest Investments:
As an investment company that has elected to be treated as a "business
development company" (BDC) under the Investment Company Act of 1940, Pacific
Crest Investments 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 is looking for acquisition
opportunities in all consumer product categories and/or services 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: Pacific Crest Investments
CONTACT: investors, Marge Rohr of Pacific Crest Investments,
+1-909-861-3244, ; or Geoffrey Eiten of OTC
Financial Network, +1-781-444-6100, ext. 613, , for Pacific
Crest Investments