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WILMINGTON, Del., Jan. 11 /PRNewswire-FirstCall/ -- Universal Capital Management, Inc., a publicly traded venture capital company that provides emerging growth companies with management and strategic resources for successful growth, is pleased to acknowledge that Third-Order Nanotechnologies, Inc. (OTC Bulletin Board: TDON.OB - News) began trading on the Over-the-Counter Bulletin Board yesterday, January 10, 2008. Third-Order Nanotechnologies, Inc. is one of Universal Capital's largest and most exciting portfolio companies.
Commenting on Third-Order's OTC Bulletin Board trading, Michael Queen, President and CEO of Universal Capital said, "This is the beginning of an exciting month and quarter for Third-Order Nanotechnologies, Inc. Their listing on the OTC Bulletin Board is part of their strategy to increase the liquidity of their common stock. This ensures that information concerning Third-Order and its common stock are available to those interested in their potential."
Universal Capital Management, Inc. is a publicly traded business development company under the Investment Act of 1940. Its purpose is to provide an opportunity for its shareholders to diversify risk by investing in a fund that invests in many high risk, high return companies. Please visit the company's website for additional information at http://www.unicapman.com.
Forward-Looking Statements
The information contained in this press release may contain "forward-looking statements." You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," "believe," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to the following which could affect Universal Capital Management, Inc. or one or more portfolio companies: general economic and business conditions, effects of continued geopolitical unrest, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patters, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company assumes no obligation to update publicly or revise any forward-looking statements.
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