First Hartford Corporation is engaged in the purchase, development, ownership, management and sale of real estate. The real estate, owned and/or managed by the Company through various subsidiaries and joint ventures, is located in Connecticut, New Jersey, Texas, Massachusetts and Rhode Island. The real estate business of the Company is diversified in terms of geographical locations, type of commercial property and form of ownership or management. The Company is primarily involved in the development of real estate for its own use. As of April 30, 2010, the Company had two unconsolidated operating partnerships accounted for under the Equity Method. The Company has a 50% interest in Cranston Parkade, LLC which in turn has an interest in Cranston/BVT Associates LP, which owns a shopping center in Cranston, RI. The Company also has a 50% interest in Dover Parkade, LLC, which owns a shopping center in Dover Township, NJ.
First Hartford Corporation Joins OTCQX
Apr 1, 2010
Pink OTC Markets News Service
First Hartford Corporation Joins OTCQX
NEW YORK – April 1, 2010 – Pink OTC Markets Inc. (OTCQX: PINK), the financial information and technology services company that operates the leading electronic quotation and trading system in the U.S. OTC securities market, announced that First Hartford Corporation (OTCQX: FHRT), a U.S.-based company engaged in the acquisition, development, and management of real estate, is now trading on OTCQX®.
First Hartford Corporation began trading today on the OTC market’s prestigious tier, OTCQX U.S. Investors can find current financial disclosure and real-time Level 2 quotes for the company on www.otcqx.com and www.otcmarkets.com.
“We are pleased to welcome First Hartford to OTCQX," said R. Cromwell Coulson, President and CEO of Pink OTC Markets. “OTCQX provides services to companies, like First Hartford, which enable them to communicate with and engage their investors, while providing them with transparent trading and easy access to company information.”
The law firm of Kenneth B. Lerman, P.C. will serve as First Hartford’s Designated Advisor for Disclosure (“DAD”) on OTCQX, responsible for providing guidance on listing requirements.
About First Hartford Corporation
(OTCQX: FHRT) First Hartford Corporation and its subsidiaries (the “Company”) is engaged in the acquisition, development, construction, ownership and management of real estate. The real estate owned and/or managed by the Company through various subsidiaries and joint ventures are located in Connecticut, Massachusetts, Rhode Island, New Jersey and Texas.
Additionally, the Company is a Preferred Developer for CVS Pharmacy, Inc. and exclusively covers West Texas, the Rio Grande Valley in Texas, Long Island New York, Northern New Jersey and Louisiana.
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About Pink OTC Markets Inc.
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