Paradigm Resource Management Corporation (OTCPK:PRDC) is seeking acquisitions. PRDC has recently filed to change its company name to Alternative Investment Corporation. "The new name underlines our vision to pursue unique alternative investment opportunities within the distressed debt and real estate sector", stated PRDC's interim Chief Executive Officer Daniel Otazo.

"As we continue making progress within this sector, in the coming weeks we plan to reveal a more complete view of our new brand and investment approach. In addition, we plan to actively move forward with new acquisition targets to be included in our portfolio."