TMGS .029..on the gap..Email Rec./Word getting out inside..
TMGS
Trades below .03 - Volume is building. They have NR's coming over the next
2 weeks. Please read what they had to say yesterday:
Thursday May 24, 12:33 pm Eastern Time
Press Release
The Murdock Group Announces Upcoming Business Updates
SALT LAKE CITY--(BUSINESS WIRE)--May 24, 2001--The Murdock Group Holding
Corp. (OTC BB: TMGS - news) Thursday announced that its latest business
updates will be released shortly.
The Murdock Group announced today that it will release results of its
quarterly audit review within the next couple of days. The report will
outline the additional debt reductions and savings that occurred during
the first quarter 2001, as well as details of the company's involvement in
a new small business and commercial real estate acquisition subsidiary.
Details of acquisitions under contract in the new subsidiary will be
released in the coming weeks.
KC Holmes, president and chief executive officer, noted, ``We are excited
that the restructuring is nearing completion and we will be able to focus
on the explosive growth opportunities that acquisitions offer us. Our new
format should allow us to grow revenues substantially in the coming two
quarters.''
About The Murdock Group
Founded in 1983, The Murdock Group has emerged as a business incubator
with emphasis in the employment industry. The Murdock Group has incubated
Internet offerings MyJobSearch.com, an employment portal, and
CareerWebSource, a BtoB employment information company, as well as a full
service brick and mortar career-coaching provider.
The Murdock Group also has a real estate development group specializing in
commercial cash flow projects.
Forward-Looking Statements. This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934.
While these statements are made to convey the company's progress, business
opportunities and growth prospects, readers are cautioned that such
forward-looking statements represent management's opinion. Actual company
results may differ materially from those described. The company's
operations and business prospects are always subject to risk and
uncertainties.
A more extensive listing of risks and factors that may affect the business
prospects of the company and cause actual results to differ materially
from those described in the forward-looking statements can be found in the
reports and other documents filed by the company with the Securities and
Exchange Commission.
--------------------------------------------------------------------------------
Contact:
The Murdock Group, Salt Lake City
KC Holmes, 801/268-3232
e-mail: kc@murdock.com
Website: www.murdock.com
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