biz.yahoo.com
Wednesday August 4, 12:21 pm Eastern Time
Company Press Release
CIS.com Inc. Announces Reporting Status
MIAMI--(BUSINESS WIRE)--Aug. 4, 1999--CIS.com Inc. (OTC BB:CISI - news) announces today that the company is in the process of taking measures to become a fully reporting company within the designated timeline set forth by the SEC.
CIS.com has engaged Lazar Levine & Felix LLP to audit its financial statement for the year ended March 31, 1999. Its goal is to have the audits completed and the necessary forms submitted to the SEC within 30 days, which will allow the company additional, time to file any amendments or to answer any more questions from the SEC before the filing deadline of September 30, 1999.
CIS.com is supportive of the NASD (National Association of Securities Dealers) and the steps it has taken to insure that more accurate financial information is made available to potential investors.
Rules of the NASD had recently been amended and approved by the Securities and Exchange Commission (SEC). These amendments require that companies whose securities are quoted on the OTCBB (Over the Counter Bulletin Board) must report their current financial information directly to the SEC. Companies not in compliance will no longer be quoted on the OTCBB.
The OTCBB is a service that displays real-time quotes, last-sale prices, and volume information for approximately 6,500 domestic and certain foreign securities which include national, regional, and foreign equity issues; and warrants, units, and American Depositary Receipts (ADRs) not listed on any other U.S. national securities market or exchange.
Harold Stock, President of CIS.com, Inc. stated, ''As soon as our audit is completed we intend to post the audited financial report on our website at ecismall.com upon completion of the SEC filing process.''
''Building the Malls of Tomorrow, Today!''
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Contact:
CIS.com Inc., Miami
Daisy Campos
Tel: 305/438-0020
email: henleydaisy@msn.com
or
The ComputerBucks Club
Carlton A. Glassford
Tel: 941/794-5171
email: cbucks@gte.net |
