SOURCE: TGC Ventures International Inc.

March 21, 2007 11:23 ET

TGC Ventures International Announces Stock Consolidation

ATLANTA, GA -- (MARKET WIRE) -- March 21, 2007 -- TGC Ventures International (PINKSHEETS: TGVI) today announced that a stock consolidation was approved by the Company Board of Directors. The stock consolidation will become effective before the opening of business April 9, 2007. TGC Ventures shareholders of record will receive 1(one) new share for every 1000 (one thousand) shares held. TGC Ventures shareholders of record will be issued their new shares and will not be required to surrender their old shares as the company will cancel the old shares automatically. The shares will be paid out on April 20, 2007.

About TGC Ventures International Inc.:

TGC Ventures International Inc. is a medically related holding company that is targeting the burgeoning multi-trillion dollar Health Care Services and Medical Devices & Supplies Industry.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

TGC Ventures International Inc.

Contact Information

  • Contact:
    Mr. Michael Woo
    (404) 962-4421