Great news for FCDH... First Canadian American Holding Corporation Announces Further Negotiations With Blackout Communications 12/7/2005 9:00:32 AM TORONTO, Dec 07, 2005 (MARKET WIRE via COMTEX) -- First Canadian American Holding Corporation ( FCDH ) announced today that it is in discussions with Blackout Communications to acquire additional interest in The Fight Network and its related media assets.
"Since our change in direction this week with the sale of our other assets, we have begun talks to become a more significant shareholder and player in Blackout Communications," says Sandy Winick, president of First Canadian. "We see our long-term goals to make The Fight Network and its stable of assets a major focus of our company."
About First Canadian American Holding Corporation:
First Canadian American Holding Corporation is a holding company with subsidiaries that conduct operations in areas of digital television, radio and the internet under The Fight Network brand.
Safe Harbor
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.
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