MBHC - a candidate for the list?
Friday July 23, 8:01 am Eastern Time
Company Press Release
SOURCE: Mortgage Bankers Holding Corp.
Mortgage Bankers Holding Corp. (MBHC) Announces Date of Shareholders Meeting
PITTSBURGH, July 23 /PRNewswire/ -- Mortgage Bankers Holding Corp. (OTC Bulletin Board: MBHC - news) 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.
SOURCE: Mortgage Bankers Holding Corp.
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