SOURCE: Franchise Capital Corporation

November 14, 2006 09:05 ET

Franchise Capital Corporation Prepares for Comprehensive Shareholder Communications Program

Initiative to Include Updated Website, Regular Press Releases and Shareholder Newsletter

SCOTTSDALE, AZ -- (MARKET WIRE) -- November 14, 2006 -- Franchise Capital Corporation (PINKSHEETS: FCCN) is preparing to launch a comprehensive public market communications program, focused on keeping current shareholders informed regarding the current activities and future direction of the company, as well as expanding awareness of Franchise Capital Corporation in the broader investment community.

The communications initiative is expected to include the development of a new corporate website, the issuance of frequent press releases issued through major wire services and posted to the website, publishing a company newsletter that highlights the activities of the previous month, and establishing a staffed investor relations email address and telephone number for day-to-day shareholder communication. Shareholders will be encouraged to subscribe to a company mailing list, which will allow Franchise Capital Corporation to disseminate new, publicly disclosed information directly by email to anyone interested in following the progress of the company.

Franchise Capital Corporation chief executive officer Steven R. Peacock recently outlined the course that current management expects to chart with an emphasis on bringing the company in compliance with listing requirements for the Over-the-Counter Bulletin Board and other U.S. national markets while concurrently beginning to identify potential investment opportunities that will build value for the company and its shareholders.

"As we move forward to execute our strategic initiatives, re-establishing consistent dialogue with Franchise Capital Corporation stockholders and increasing awareness of the company in the public markets will remain a priority of this management team," stated Mr. Peacock. "Since we have already initiated work on the compliance side and have identified at least one potential investment target, there should begin to be a steady supply of relevant information that we will want to share with our stockholders."

"We encourage all current and potential Franchise Capital Corporation shareholders to track our progress through the communications media that we will establish in the coming weeks and months," Mr. Peacock added.

Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including the lack of funding, inability to complete required SEC filings, and others set forth in the Company's report on Form 10-K/A for fiscal year 2005 filed with the Securities and Exchange Commission.

Contact Information

  • CONTACT:
    Gemini Financial Communications, Inc.
    A. Beyer
    951-587-8072