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Modern Technology Corp Announces Approval for Trading of its
Common Stock
OXFORD, Miss., Aug. 4 /PRNewswire-FirstCall/ -- Modern Technology Corp
announced today its common stock has been approved for trading on the NASDAQ
Over-the-Counter Bulletin Board (OTCBB) under the symbol "MOTG".
"Now that we are cleared for trading, our shareholders should enjoy increased
marketability of the stock," said Anthony Welch, Chairman. He continues: "Our
efforts to increase revenues, profits, and assets are especially active now.
We will announce more clients, technology acquisitions, and newly acquired
portfolio companies in the near future. Now that we are cleared for trading,
we are rapidly executing our plans to increase shareholder equity by
acquisitions and further client development."
The company recently added DeMarco Energy Systems (Pink Sheets: DMES) to its
portfolio of companies. The agreement exchanges services provided by Modern
Technology Corp for a 15% equity position in Demarco Energy Systems.
About Modern Technology Corp
Founded in 1982, Modern Technology Corp provides business infrastructure,
substantial intellectual capital, strategic investments, and ongoing support
and revenue growth assistance to our portfolio companies. We strive to create
and promote synergistic relationships among our portfolio companies and
affiliates. We provide mentoring and assistance to our portfolio through our
collective operations experience, significant industry contacts, and strategic
and tactical advice. We will continue to build our portfolio of companies
through strategic acquisitions and developing acquired technologies. Our goal
is to consistently build shareholder equity through accretive acquisitions and
to continue providing both stock and cash dividends. For more information,
visit our web site: http://www.moderntechnologycorp.com/ .
Safe-Harbor Statement
This press release contains statements (such as projections regarding future
performance) that are forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Actual results may differ materially
from those projected as a result of certain risks and uncertainties, including
but not limited to those detailed from time to time in the Company's filings
with the Securities and Exchange Commission.
CONTACT: Anthony Welch, Chairman of Modern Technology Corp, +1-662-236-5928, or
DATASOURCE: Modern Technology Corp
CONTACT: Anthony Welch, Chairman of Modern Technology Corp,
+1-662-236-5928, or
Web site: http://www.moderntechnologycorp.com/