OKTI - little agressive company with the world's smallest float..has some nice news below...(I understand that some biggy news is straight ahead)
Wednesday June 23, 4:13 pm Eastern Time
Company Press Release
Oxford-Knight Seeks H.M.O.
Management Personnel
GRAND ISLAND, N.Y.--(BUSINESS WIRE)--June 23, 1999--Oxford-Knight International, Inc.
(OTC BB - OKTI), through its President and CEO, Paul Syracuse announced today that it is
seeking offers of employment interest from professionals and/or consulting groups in the Health
Maintenance Organization (HMO) field having the abilities to effectively manage and grow an
existing HMO. Those with a successful track record need contact Oxford Knights' President and
CEO, Paul Syracuse at (716) 775-0750. Relocation to the Washington D.C. area is a necessity.
Commenting on this personnel search, Paul Syracuse commented, ''While we are not yet prepared
to announce our acquisition of American Preferred Provider Plan of the Mid-Atlantic, Inc., we are
taking steps necessary in order that we are prepared in the event our takeover attempt is successful,
which we should know shortly.'' APPP of the Mid-Atlantic, Inc. is a Washington D.C. based
Automatic Medicaid Provider with 3,800 members and licenses in Virginia, Maryland, and the
District of Columbia with alleged annual revenues in the $7-$8 million range.
Oxford-Knight International, Inc. plans to specialize in mergers & acquisitions, leveraged buy-outs,
business consulting, real estate development, construction (residential and commercial), assisted
living facilities (new), and retail & wholesale distribution of auto accessories. For more information
on Oxford-Knight, contact Paul Syracuse at 716-775-0750 or for investor relations, contact Jeff
Brommer of Investments 101, Ltd. at (630) 761-8062.
This release contains forward looking statements with respect to the results of operations and
business of Oxford-Knight International, Inc. that involves risks and uncertainties. The Company's
actual future results could materially differ from those discussed. Risks and uncertainties of the
Company will be detailed from time to time in the Company's periodic reports. The company intends
that such statements about the Company's future expectations, including future revenues and
earnings, and all other forward looking statements be subject to the ''safe harbors'' provision of the
Private Securities Litigation Reform Act of 1995. |
