LAS VEGAS, Oct. 24, 2007 (PRIME NEWSWIRE) -- Centra Capital Corporation (Pink Sheets:CENC) today announced that it has received the initial due diligence under the signed Letter of Intent, which after review, is satisfactory to the Company. Thus, Centra has requested the remainder of the due diligence for consideration by the Company and the shareholders at the forthcoming shareholders meeting.
In addition, the Company has noted some irregular market trading since Monday of this week. In an effort to identify any manner of inappropriate activity, the Company is pulling all shareholders reports dating as far back as 1998. The irregular trading appears to identify shareholder(s) operating from a small independent firm in New Jersey. Regulatory has been advised, and is being forwarded all reports as well as the NOBO report ordered this week.
Jesse Rodriguez, speaking on behalf of the Company stated "The Company will take all steps necessary to protect our shareholders and our stock."
About Centra Capital Corp
Centra Capital Corp is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with to create value for its shareholders.
For more information available to the public, contact the investor relations department at 949-266-5539.
Forward-Looking Statements
This news release contains forward-looking statements made by Centra Capital Corporation in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.