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SE Global Equities - Press Releases
Symbol: SEGB February-21-2001
 

SE Global Closes Share Exchange with Future Technologies Inc.

Capital Alliance Group Inc. today announced that the share exchange between the shareholders of its subsidiary, SE Global Equities Inc., and Future Technologies Inc. (NASD OTCBB:FTUT) has closed. With the completion of this share exchange FTUT has 14,370,957 shares issued and outstanding, of which Capital Alliance owns 12,073,578 shares or 84 percent. In consideration for the shares issued, FTUT has acquired SE Global Equities Inc. and all of its assets, which include cash and other assets totaling approximately $4.5 million. FTUT will be renamed SE Global Equities Corp. and will be issued a new trading symbol following receipt of regulatory approval of the name change.

SE Global is a provider of technology and financial resources for international investors which, when the participation of SE Global’s current partners is fully implemented, will enable investors to trade equities online on stock exchanges around the globe through SE Global's alliance network of 23 brokerage firms, covering 22 stock exchanges spanning five continents. SE Global is currently in negotiations to acquire product and distribution rights, which will allow it to offer the global investment community direct trading access to major U.S. stock markets.

 

On Behalf of the Board of Directors of SE Global Equities Corp.

Toby Chu

President & Chief Executive Officer
International Head Office: 1.604.871.9909 extension 308
Asian Head Office: 852.2169.3019 extension 28

 

 

   

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