Airborne Security & Protection Services, Inc (ABPR)

[Rager]

QRVI, Quality Restaurant Ventures Inc. Announces Reverse Stock Split
Friday March 2, 9:17 am ET


HEATHROW, Fla., March 2 /PRNewswire-FirstCall/ -- Quality Restaurant Ventures Inc. (Pink Sheets: QRVI - News), a fast food franchise management company, announced today that its Board of Directors has voted to implement a 2,000- for-1 reverse stock split of the company's outstanding shares of common stock. The effective date of the reverse stock split was not announced.



As a result of the reverse stock split, each 2,000 shares of common stock will be combined into one share of common stock. The Company will not issue any fractional shares of its common stock as a result of the reverse split. Stockholders who hold their shares in brokerage accounts or "street name" will not be required to take any action to effect the exchange of their shares. Stockholders of record who hold share certificates will receive a letter of transmittal requesting that they surrender their old stock certificates for new stock certificates reflecting the adjusted number of shares as a result of the reverse stock split.

A prepared statement issued by Christopher M. Swartz, QRVI CEO stated, "For some time now the value of Quality Restaurant Ventures operations and QRVI stock have been undervalued by the investment marketplace. This decision is necessary to better align QRVI's share price with the equity markets that are most interested in our company and the restaurant-hospitality industry in general."

About Quality Restaurant Ventures Inc.

Quality Restaurant Ventures Inc. develops new restaurant concepts, and invests in regional fast-food concepts with high growth potential. QRVI then enhances their operations to prepare them to become national franchise opportunities.

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 or Section 21E of the Securities and Exchange Act of 1934 and is subject to the safe harbor created by these sections. Quality Restaurant Ventures Inc. assumes no obligation to update the information contained in this press release. Certain information included herein may contain statements that are forward-looking, such as statements relating to plans for future expansion and other business development activities as well as operating costs, capital spending, financial sources and the effects of competition. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results. Accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of the Companies.

CONTACT: Investor Relations of Quality Restaurant Ventures, Inc. 407-333-8998 x 150, Web site: http://www.QualityRestaurantVentures.com




--------------------------------------------------------------------------------
Source: Quality Restaurant Ventures Inc.