Crivello Group, LLC Announces Equity Investment in Ventures National, Inc. dba Titan General Holdings, Inc.
Frank Crivello pruchased 700,000 common shares of Ventures National, Inc.,Titan General Holding,Inc., from the former CEO and President in a negotiated transaction.
Pompano Beach, FL (PRWEB) August 30, 2004 -- Crivello Group, LLC (CG") announced that its principals purchased 700,000 common shares of Ventures National, Inc. dba Titan General Holdings, Inc. ("Titan") from the former CEO and President of Titan. In a 13D filing with Securities and Exchange Commission, Frank Crivello, CG's Managing Member, reported his ownership of Titan common shares increased to 1,265,201. Titan's Company information can be found at www.titanems.com and its symbol is OTC:TTGH.
CG Managing Member Frank P. Crivello stated: I was pleased to purchase these shares in a negotiated transaction."
CG's issued earlier press releases related to Titan which can be found at:
www.crivello.com/press/080902.html
and www.crivello.com/press/033103.html.
Titan is a unique manufacturing service provider in the printed circuit board (PCB) market segment providing technical assistance and production of time-sensitive, high-tech, proto-type printed circuit boards. Titan positioned itself to become a leading PCB service company in the fastest-growing segment of time sensitive manufacturing in the $130 billion global electronics manufacturing services market. Through vertical integration and aligning its manufacturing process with that of its customers, Titan expects to expand its services, while continuing to acquire assets and customers of other firms in the PCB sector.
About Crivello Group, LLC www.crivello.com
CG is a strategic advisors and partners to distressed and emerging companies. CGs solutions for distressed or emerging company that include:
• Stabilization
• Capital & Debt Alternatives
• Staff, Boards, and Professionals
• Divestiture & Dissolution
• Plan of Restructuring or Reorganization
Safe Harbor Statement Under the Private Securities Litigation Act of 1995 - With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the Company could differ significantly from those statements. Factors that could cause or contribute to such differences include, but are not limited to assumptions relating to the technology market and that there will be no unanticipated material adverse change in CG's operations or business.
Contact:
New-School Communications, LLC
Blois Olson, 651-221-1999
www.new-school.com
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