Business Services Industry
Security Asset Capital Corp. makes announcement
Business Wire, April 24, 1997
SAN DIEGO--(BUSINESS WIRE)--April 24, 1997--Security Asset Capital Corp. (NASDAQ/EBB:SCYA) has purchased four exclusive condominiums in Fountain Valley, Ariz. for stock at a value of $2.00 per share.
The condominiums will be resold during the next two weeks for a profit estimated to be $160,000.00.
Security Asset Capital Corp. has opened a new office at the Imperial Bank Tower, 701 "B" Street, Suite 1725, San Diego, CA 92101.
Visit Security Asset Capital Corp.'s new Internet Web site at www.securityasset.com .
Look for some additional exciting announcements this next week!
CONTACT: Security Asset Capital Corp.
Darrell Musick, President
619/232-0010
800/954-8700
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