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SE Global Equities - Press Releases
Symbol: SEGB April-20-2001
 

Capital Alliance Group Inc. subsidiary Future Technologies, Inc. Changes Name to SE Global Equities Corp.; New Stock Trading Symbol SEGB

Future Technologies, Inc. reports that it will change its name to SE Global Equities Corp. effective April 23, 2001. The Company's new NASD:OTCBB trading symbol will be SEGB (Cusip Number: 78411U), beginning at market opening on Monday April 23, 2001. The change of name was approved by shareholders at the special meeting of shareholders held on April 11, 2001.

Future Technologies, Inc. also announces that it has granted a total of 1,275,000 stock options pursuant to its stock option plan. The options, which do not qualify as incentive stock options under the Internal Revenue Code of 1986, were issued pursuant to a non-registered offering to offshore officers, directors and employees of the Company and its wholly-owned subsidiary, SE Global Equities Inc. One-third of the options so granted vest every six months, and all of the options will be fully vested at the end of 18 months. Each vested option is exercisable for a period of 5 years following the date of issue, at an exercise price of $2.00 per share. The options are non-transferable, and any shares issued upon exercise of the options may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.


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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