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AlphaTrade.com (APTD) Files Chapter 11 and Continues to Conduct Business
Mar 31, 2011 (06:03 PM EDT)
LAS VEGAS, March 31, 2011 /PRNewswire/ -- AlphaTrade.Com (OTC.BB: APTD) announced today that the company has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Nevada, for the purposes of reorganizing its debts. We wish to assure our clients going forward that we will continue to operate our business and provide services to them as reliably as we have done in the past.
AlphaTrade.com is a publicly traded company trading on the Over-the-counter bulletin board under the symbol (OTC.BB:APTD). AlphaTrade is a recognized financial data company specialized in providing real-time financial market data for all of the major North American exchanges and markets.
AlphaTrade has developed a unique and innovative approach that connects people and data in a way that results in a measurable success for users of its tools. Companies seeking to expand their brand and gain exposure benefit from the dynamic marketing program offered by AlphaTrade that combines advertising with investor relations. AlphaTrade utilizes a variety of digital media tools in combination with financial products to accomplish the marketing task.
Safe Harbor: Included in release are forward-looking statements within the meaning of Section 27A-Securities Act of 1993, as amended, and Section-21E Securities Exchange Act of 1934, as amended, and subject to safe harbor created by those sections. Although Company believes such expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations reflected in such statements will prove correct. Thus, Company's actual results could differ materially.