Here is some news;
Aviation Industries Reports Filing Of Form 10 With Securities And Exchange Commission
PR Newswire, Tuesday, September 22, 1998 at 10:10
Company to Become a Fully Reporting Entity
FORT LAUDERDALE, Fla., Sept. 22 /PRNewswire/ -- Aviation Industries
Corporation (BB: AVIA) today reported that it recently filed a
Registration Statement on Form 10 with the Securities and Exchange Commission
to register its securities under section 12(g) of the Securities Exchange Act
of 1934. On the effective date of the Registration Statement, the Company
will become subject to the reporting requirements of the Securities Exchange
Act of 1934 and will begin filing regular quarterly and annual reports with
the Securities and Exchange Commission.
Management noted that the filing represents another important step
undertaken in anticipation of its pending merger with Integrated Marketing
Professionals, Inc. "We are moving forward with the implementation of our
business plan and the acquisition program contained therein," commented
William G. Forhan, Chairman of Aviation Industries. "We have already
completed two acquisitions and we are moving forward on additional
opportunities. As we move closer to completing the merger with Integrated
Marketing Professionals, and in the process build a diversified travel and
leisure organization with significant operations, our status as a fully
reporting company will allow us to better inform our shareholders and the
investment community as to the status and growth of our business."
Aviation Industries Corporation, which holds an equity position in Newark,
N.J.-based KIWI International Air Lines, is in the process of acquiring
Integrated Marketing Professionals, Inc.
Integrated Marketing Professionals, Inc., formerly known as Casino
Airlink, Inc., is a diversified travel and leisure company. Integrated
Marketing Professionals is the exclusive provider of packaged casino vacations
from five cities in Florida, three cities in Texas, Tulsa, Oklahoma and
Atlanta, Georgia to the Mississippi Gulf Coast, which include non-stop, round
trip jet service, destination airport transfers, ground handling, 2-3 night
deluxe hotel accommodations, nightly buffet meals and access to 24-hour Las
Vegas style gaming and entertainment.
Statements about the Company's future expectations, including future
revenues and earnings, and all other statements in the press release other
than historical facts are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. The Company intends that
such forward-looking statements be subject to the safe harbors created
thereby. Since these statements involve risks and uncertainties and are
subject to change at any time, the Company's actual results could differ
materially from expected results.
SOURCE Aviation Industries Corporation
-0- 09/22/98
/CONTACT: Barry A. Rothman, B. Alan Associates, Inc., 561-483-7743; or
William G. Forhan, Aviation Industries Corporation, 954-938-2500/
/Company News On-Call: prnewswire.com or fax, 800-758-5804,
ext. 123827/
Companies or Securities discussed in this article:
Symbol Name
BB:AVIA Aviation Industries Corp
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