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Re: pinkstocktrader post# 229

Thursday, 06/08/2006 2:12:29 PM

Thursday, June 08, 2006 2:12:29 PM

Post# of 141645
April 24th news. First Guardian Financial Corporation to Perform Required Due Diligence to Move from the Pink Sheets to the OTCBB
Monday April 24, 10:39 am ET


NEW YORK--(BUSINESS WIRE)--April 24, 2006--First Guardian Financial Corporation (Pink Sheets: FGFC - News) today announced that it's Board has agreed to review/explore moving the company from the pink sheets to the OTCBB trading arena.
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The company will retain the services of a sec attorney to direct the potential move and handle all the required paperwork for such a move; the company will also retain the services of an auditor to provide the required audited financial statements that would be needed for such a move to the OTCBB.

"This potential move from the pink sheets to the OTCBB is a very important plateau for the company as it demonstrates to our shareholders and the public that we are serious and very committed in our goal of moving the company forward," said Abraham Rosenman, President of First Guardian Financial Corporation "We will announce updates as they occur on a regular basis regarding the progress we are making, upon completion of the required audit, we will then immediately be filing the necessary documents with the SEC to become fully reporting and trading on the OTCBB."

About First Guardian Financial Corporation:

The company is a Financial Holding Company currently providing Commercial Real Estate Financing & Invests for its own portfolio in small to mid sized businesses. Its primary goal is to provide short term financing within the commercial real estate market and invest and or provide secured short term financing to businesses either in the start up stage or growth stage throughout the United States.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



Contact:
First Guardian Financial Corporation
Investor Relations, 212-572-4823
Fax: 212-572-6499
ir@guardianfinancialcorp.com
www.guardianfinancialcorp.com