VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 30, 2012) - Forum National Investments Ltd. (OTCBB:FMNL) ("Company") -
Management of the Company is aware that the Company's shares have traded from a low of $0.15 per share in early April 2012 to over $2.00 per share in June 2012, on the OTC Bulletin Board in the United States. Other than as a result of the public's favourable reaction to information contained in press releases issued by the Company since May 15, 2012, the directors and management of the Company are not aware of any reason for increased market activity and trading price since early April 2012.
The British Columbia Securities Commission has provided the Company with promotional material respecting the Company published on certain internet websites. The Company and its directors and management do not endorse or agree with statements made in the materials, except where the statements repeat information previously disclosed by the Company or are statements of verifiable fact. The Company has no knowledge of the source of funding for the creation and dissemination of the internet materials.
The Company does not currently engage investor relations or publicity agents.
Forum National Investments Ltd. (http://www.foruminvestments.com/) is a publicly held company currently trading on the OTCBB since 1998 under the symbol FMNL. The Company's Life Settlement operations in the United States are conducted through its wholly owned subsidiary, the American Life Settlement Society (ALSS) http://www.thealss.com/.
On behalf of the Company:
Daniel Clozza: President and Chief Executive Officer/Director
Martin Tutschek: Chief Financial Officer/Director
Jeff Teeny: Director
Scott McManus: Director
Chris Yergensen: Director
Kazunari Kohno: Director
Mike Barrett: Director