Value Holdings (VALH) Message Board

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Microcap & Penny Stocks : Value Holdings (VALH)

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To: Ronald P. Margraf Sr. who wrote (928)	11/29/2000 1:28:51 PM
From: SCOOBEY-DO	of 1152

Value Holdings Holds Annual Meeting MIAMI, FLORIDA--Value Holdings Inc.'s (OTCBB:VALH) CEO Robert Ziner addressed shareholders and answered questions at the company's annual meeting of shareholders Monday in Miami. Mr. Ziner addressed several areas of shareholder concern and gave a report on the state of the company. During the past year the company has sold its Cami's Seafood & Pasta restaurant division and has made three acquisitions in the lumber distribution business -- Harron Hardware and Building Supplies, Cutler Forest Products and Seabright Wood Fabricators. Mr. Ziner stated that the company gets requests from companies looking to be acquired and that the company intends to continue making acquisitions. "I am very pleased with the progress Value Holdings has made over the last year," said Mr. Ziner. "We have significantly increased our revenues and earnings and will continue to grow through increasing sales and efficiencies internally, and by continuing to make acquisitions of other profitable companies." After Mr. Ziner's remarks about the company, shareholders had the opportunity to ask questions. Mr. Ziner answered some of the following questions: Question: Does Value Holdings do business with Home Depot? Answer: Yes. Value Holdings' subsidiary, Cutler Forest products, is a supplier to Home Depot for that company's stores in Eastern Canada. Cutler and Home Depot are working together to expand their relationship. Question: Will the special B shares which are convertible to common shares of Value Holdings be restructured? Answer: Yes. Value Holdings is looking to retain an investment banking firm that can advise the company about restructuring the special B shares and implementing a poison pill or shareholder's rights plan. Question: What is the status of implementing the Opti-Stress System? Answer: The company intends to build the first Opti-Stress enabled plant and is in ongoing discussions with a third party. Question: What is Value Holdings doing to help the price of its stock? Answer: Value Holdings is evaluating proposals from several public relations and investor relations firms. The company intends to accept one of the proposals before the end of the year. Additionally, Value Holdings believes that its best tool to increase shareholder value is to continue growing both revenue and earnings. Value Holdings, Inc. is a holding company formed to acquire businesses. The corporate goal is to build well-run independent subsidiaries which have solid market niches with compounded growth rates in terms of revenues and earnings. This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward-looking statements involve the known and unknown risks and uncertainties which may cause the company's actual results in future periods to differ materially from what is anticipated. Such statements include such words as "expect" and "anticipate." FOR FURTHER INFORMATION PLEASE CONTACT: Agency Contact: Gemini Integrated Financial Services Corp., Hollywood, Fla. Jon Leinwand (305) 937-3062

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