CCGR - DOYLESTOWN, Pa.--(BUSINESS WIRE)--Aug. 27, 1999--Collectible
Concepts Group Inc. (OTC BB:CCGR) Friday announced the appointment of
its new auditors, Rudolph, Palitz, LLC, an accounting and consulting
firm based in Blue Bell, Pa.
Rudolph, Palitz -- recently acquired by HRB Business Services
Inc., a subsidiary of H&R Block Inc. -- have been retained to audit
CCGR's financial statements, in order to prepare for filing Form 10
with the Securities and Exchange Commission (SEC) to become a fully
reporting company.
"We view this as a crucial step for CCGR, this will enable us to
keep up with the increasing demand by investors and the public for
up-to-date company financial news and information," stated Jeffrey
Andrews, CFO at CCGR.
Based in Doylestown, Collectible Concepts Group Inc. develops and
markets licensed collectible merchandise in the entertainment and
sports markets. The principals of CCGR have been trend-setters in the
collectibles industry since 1982, and are nationally recognized in
direct response marketing, replica design and mass market
distribution. CCGR is a publicly owned company that trades under the
stock symbol, CCGR (OTC-BB).
Statements about the company's future expectations, including
future revenues and earnings, and all other statements in this 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.
For more information, contact Collectible Concepts Group Inc.,
1600 Lower State Road, Doylestown, Pa. 18901, Phone: 215/491-1075,
Fax: 215/491-1079, e-mail: info@collectibleconcepts.com, or visit the
company's Web site at www.collectibleconcepts.com.
--30--jd/mi*
CONTACT: Hoffman Resources Inc.
Stephanie Hoffman, 908/431-1660
shoffman@hoffmanresources.net
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