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Microcap & Penny Stocks : AimRite Holdings Corperation: AIMH
AIMH 0.03650.0%Nov 7 9:30 AM EST

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To: oldschool who wrote (583)7/9/1999 11:54:00 AM
From: marvin smith  Read Replies (1) of 662
 
(BSNS WIRE) AimRite Files With SEC to Become Fully Reporting Company
AimRite Files With SEC to Become Fully Reporting Company


Business Editors

SAN DIEGO--(BUSINESS WIRE)--July 9, 1999--AimRite Holdings
Corporation (OTC/BB:AIMHE) is pleased to announce that a filing has
been submitted to the SEC to become a fully reporting Company
following OTC guidelines. This filing will allow AimRite to continue
trading on the OTC Bulletin Board. Although one element of the filing
was late resulting in an extension status of trading, this is being
complied with and will allow the extension to be removed in the very
near future.
AIMRITE HAS A WEBSITE THAT CAN BE VISITED AT WWW.AIMRITE.COM.
This release is intended as a forward-looking statement within
the meaning of the Private Securities Litigation Reform act of 1995.
The risks and uncertainties that may affect the operations,
performance development and results of the Company's business include
but are not limited to (i) The ability to produce the COAST Suspension
Technology in the future, (ii) Unexpected changes in the suspension
market, (iii) The success of the Company's expansion and marketing
strategies (iv) Competition with conventional suspension systems (v)
The ability of the Company to motivate and retain the services of its
key personnel and hire additional qualified personnel to meet evolving
staffing needs and (vi) unexpected challenges to the patents.

--30--gt/sd* jm/sd

CONTACT: Mensch Communications, 877/788-1940 or 619/552-0295

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED AUTOMOTIVE

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