FULLY REPORTING !!!!!!!!
KANAKARIS FILING INFORMATION TODAY TO BECOME FULLY-REPORTING COMPANY, AND IS POSTING BUSINESS AND FINANCIAL INFORMATION ON SEC'S EDGAR WEB Site
NEWPORT BEACH, Calif., Aug 6, 1999 /PRNewswire via COMTEX/ -- Kanakaris Communications, Inc. (OTC Bulletin Board: KKRS) announced that it plans to fileinformation with the SEC today to become a fully-reporting company and that business and financial information will be available on Kanakaris at the SEC's EDGAR web site next week. The Kanakaris filing occurs several months ahead of the schedule necessary to stay in full compliance with new regulatory rules for Bulletin Board listing.
"We are delighted to be in full compliance with filing what is necessary to become a fully-reporting company and this will give us access to potential new market makers, financial institutions, fund portfolios, and relationships with brokers and analysts," said a Company spokesperson. "We are also delighted with our current legal counsel's ability to help direct the Company to prepare for potential future applications to additional stock exchanges," headded.
Further information on Kanakaris: Kanakaris Communications is publicly traded on the OTC Bulletin Boardand in Germany. For further information on Kanakaris Communications (www.kanakaris.com), contact Colby Marceau, director of Public/Investor Relations, at 714/444-0560; fax: 714/549-8970; e-mail: info@kanakaris.com; 3303 Harbor Blvd., No. F-3, Costa Mesa, Calif. 92626.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). In particular when used in the preceding discussion, the words "plan," "confident that," "believe," "expect," "intend to" and similar conditional expressions are intended to identify forward-looking statements within the meaning ofthe Act and are subject to risks and uncertainties, and actual results could differ materially from those expressed in any forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.
SOURCE Kanakaris Communications, Inc.
(C) 1999 PR Newswire. All rights reserved.
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CONTACT: Colby Marceau, director of Public/Investor Relations of
Kanakaris Communications, Inc., 714-444-0560, fax:
714-549-8970,
info@kanakaris.com
/Company News On-Call:
prnewswire.com or fax,
800-758-5804, ext. 121430
WEB PAGE: kanakaris.com
GEOGRAPHY: California
INDUSTRY CODE: ENT
MLM
SUBJECT CODE: OTC
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