Mortgage Bankers Holding Corp. (MBHC) Announces
Date of Shareholders Meeting
PITTSBURGH, July 23 /PRNewswire/ -- Mortgage Bankers Holding Corp. (OTC
Bulletin Board: MBHC) today announced that a shareholders meeting has been
scheduled for September 29, 1999. The Annual Meeting will be held in
Pittsburgh, Pennsylvania; place and time will be announced at a later
date.
Also, MBHC has appointed Royce N. Flippin, Jr., as their new Chairman of
the Board, and Kevin P. Maloney, President of MBHC, has been appointed to
the Board of Directors. The additional nominated board members will be
seated at the annual meeting.
It is the intention of MBHC to have the audited financials completed prior
to the shareholders meeting. MBHC also expects to be ahead of schedule to
be fully complaint (reporting) per the Securities and Exchange Commission
guidelines by year's end 1999.
The Company expects to report on the positive developments and to set
forth an aggressive and conscientious plan for the future of MBHC.
Comments or questions regarding this announcement may be made to Jampole
Communications, attention Jim Tynen, 412-471-2463.
Financial statements in this narrative other than historical facts are
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act of
1934, and as that term is defined in the Private Securities Litigation
Reform act of 1995. 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 created thereby. Since these statements (future
operational results and sales) involve risks and uncertainties and are
subject to change at any time, the Company's actual result could differ
materially from expected results |
