BTOR - Bluetorch, Inc (fka BTOR)

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BTOR - Bluetorch Inc. Retires Convertible Preferred Stock With Dutchess Private Equities Fund LP

/FROM PR NEWSWIRE LOS ANGELES 213-626-5500/
TO BUSINESS EDITOR:

Bluetorch Inc. Retires Convertible Preferred Stock With Dutchess Private
Equities Fund LP

LOS ANGELES, Feb. 12 /PRNewswire-FirstCall/ -- Bluetorch Inc.
(OTC Bulletin Board: BTOR) announced today that its Series B Preferred Stock
of $365,000 with Boston-based Dutchess Private Equities Fund LP, has been
retired and its obligation met in full.
Bruce MacGregor, Bluetorch Inc. CEO, stated, "We are very pleased to
announce the retirement of this obligation. Dutchess has created a successful
working partnership with our company and continues to be a supplier of the
working capital during our growth period." MacGregor added, "We will continue
to strengthen our balance sheet as we move forward and our business
progresses."
KennyG