Why do they run these releases so late in the day...this out after the close:
Multi-Media Talents Coming to Commercial Concepts
SALT LAKE CITY, July 1 /PRNewswire/ -- Commercial Concepts, Inc., (OTC Bulletin Board: CMEC - news) announced today the union of two key individuals to the Commercial Concepts team, Craig Nybo and Larry Nybo, both formerly of Euro RSCG DSW Partners (formerly known as the prestigious advertising firm -- Dallin, Smith, and White). With their multimedia and Internet experience at a top agency handling key high-tech accounts, and with their background in HTML design and programming for e-commerce and web sites, these two talented high-tech developers will provide additional strength to the divisions of Commercial Concepts.
In addition, Commercial Concepts is preparing an SB-1 Registration Statement for filing with the Securities and Exchange Commission, and is near completion with their annual audit for the year 1999. Due to the resources spent in the development and positioning of the Y2K products, Commercial Concepts showed a loss for 1998, but is looking positive towards the future with the acquisition of Outdoor Technologies, Inc., and Advice Productions, both wholly owned subsidiaries of Commercial Concepts. Advice Productions has shown an operating profit during the month of June. Commercial Concepts has also substantially increased their retail stores, now carrying or contracted to carry the Y2K product, Quick Fixx 2000, and has private labeled two products for Y2K, in anticipation of expected increases in sales during the third and fourth quarters. The Company is ready to launch the beta version of their exciting new e-commerce site, MerchantTraders.com. The site carries several private labeled brand products including clothing, jewelry, camping and outdoor products, personal products, as well as financial services. For more information and for a test preview of this site send your request to test@cmecut.com.
For more information about Commercial Concepts and their activities visit cmecut.com/info.
The foregoing press release contains forward-looking statements. For this purpose any statements contained in this Press Release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as ''may,'' ''will,'' ''expect,'' ''believe,'' ''anticipate,'' ''estimate,'' or ''continue'' or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors.
SOURCE: Commercial Concepts, Inc. |