GEOFFREY EITENS "Favorable Report" SCAM CONTINUES!!
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OTC Financial Network Issues Strongly Favorable Report on Charys Holding Company
ATLANTA, Oct. 17 /PRNewswire-FirstCall/ -- Charys Holding Company, Inc.
(OTC Bulletin Board: CHYS), a company focused on acquisitions within the high-
growth Integrated Infrastructure Services sector, announced today that OTC
Financial Network, a division of National Financial Communications Corp., has
issued a strongly favorable InvestorFacts report on the Company. The report
includes a profile of Charys' subsidiaries, market opportunities, management
team and investment considerations. Interested parties can view the report
online at otcfn.com or call 781-444-6100 x625 for
reprints.
OTC Financial Network President Geoffrey Eiten stated, "The rapid adoption
of cellular phone usage, broadband Internet connections, the maturity of VoIP
technology and the ready availability of commercial services have opened the
door to a mass migration from analog telephony to digital telephony in the
$425+ billion wire-line telephony services market. Through its CCI Telecom
subsidiary and build-to-suit tower entity Ayin, Charys is expertly positioned
to meet robust, ongoing demand for its services."
Eiten added, "A profitable company with $7.5 million in revenues for the
fiscal year ended April 30, 2005, Charys is accelerating its growth in fiscal
2006. In the first quarter of fiscal 2006, Charys reported net earnings of
$1.2 million, or $0.11 per fully diluted share, on net revenues of $6.1
million, which on an annualized basis, creates a current revenue run rate of
$24 million. Through select acquisitions of profitable companies that are
accretive to Charys' earnings and net cash flow, as well as complement its
existing expansion strategies, Charys represents a highly attractive
investment opportunity for the early investor."
About OTC Financial Network
Since 1992, OTC Financial Network has provided consulting services and
customized, proactive investor relations campaigns to more than 500
small/micro-cap public companies. OTC Financial Network designs and implements
results-driven direct mail, electronic marketing, shareholder communications
and other programs to increase market awareness on behalf of its clients. A
partnership with OTC Financial Network can improve a company's shareholder
communications channel, facilitate capital formation opportunities, create an
expanding and diversified base of institutional and retail shareholders, and
garner financial media coverage. OTC Financial Network is a division of
National Financial Communications Corp. based in Needham, MA. For more
information visit otcfn.com and nationalfc.com.
Disclaimer: OTC Financial Network serves as a special advisor to the
featured Company and has received fees for services, including a monthly
retainer fee of five thousand dollars paid in cash, plus an option to purchase
two hundred thousand shares at an exercise price of $2.00 per share. This is
not an offer to buy or sell securities. Information or opinions in this
release are presented solely for informative purposes, and are not intended
nor should they be construed as investment advice. Additional compensation
information and a full disclaimer can be found online by visiting
otcfn.com and selecting the "Disclaimer" link.
About Charys Holding Company, Inc.
Charys Holding Company, Inc. is pursuing a growth opportunity in the
Technology Infrastructure Support and Services market through an acquisitions
strategy, focusing on companies that have strong individual reputation, proven
and underleveraged growth capability, and significant management commitment
tied to Charys-wide synergies. Charys seeks to acquire stable, cash flow
positive, small to medium-sized private companies engaged in providing direct
services, outsourced services and infrastructure to medium and large
enterprise businesses. Charys intends to operate these companies as
independent subsidiaries, improving aggregate financial performance by
influencing its subsidiaries to develop and leverage beneficial synergistic
relationships. For more information, visit charys.com.
Safe Harbor Statement Under The Private Securities Litigation Reform Act
of 1995: The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's results from
new products in development are forward-looking statements within the meaning
of the Private Securities Litigation Reform Act of 1995. The results
anticipated by any or all of these forward-looking statements may not occur.
For further information, contact:
At the Company:
Charys Holding Company, Inc.
Ralph Delucia
678-443-2300
rdelucia@charys.com
charys.com
Investor Relations:
OTC Financial Network
Peter Clark
781-444-6100 x629
peter@otcfn.com
otcfn.com
SOURCE Charys Holding Company, Inc.
Web Site: charys.com |
