SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : UPCA - Uniprime Capital Acceptance, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Janice Shell who wrote (608)11/18/1999 10:56:00 PM
From: Jeffrey S. Mitchell   of 640
 
Uniprime Capital Acceptance Announces Corporate Reorganization, New Offices, New Management

PHOENIX, Nov 15, 1999 (BUSINESS WIRE) -- Uniprime Capital Acceptance Inc. (OTC:UPCA) today announced that it is refocusing on its mission as an automotive holding company with primary emphasis to be placed on automotive dealership acquisitions.

This renewed focus is being accomplished through the hiring of Stanley F. Wilson as its new CEO and chairman of the board and the establishment of new corporate offices at 2425 East Camelback Road No. 950, Phoenix, Ariz. 86016, 602/508-3566.

Wilson is a mergers and acquisition automotive attorney with public company executive experience. As a part of this reorganization, all previous officers and directors have resigned and Wilson exercises voting control of the company's common stock.

"I look forward to the opportunity to work with the approximately 150 new car dealers that make up a portion of our shareholder base in an effort to have Uniprime strategically position itself in the current new car dealership consolidation trend. I expect to use my contacts in the industry as the former CEO of the Nebraska and Arizona new car dealers associations to launch an aggressive new acquisition plan." Wilson said.

Copyright (C) 1999 Business Wire. All rights reserved.

Distributed via COMTEX. -0- CONTACT: Uniprime Capital Acceptance Inc., Phoenix Stan Wilson, 602/508-3566 WEB PAGE: businesswire.com GEOGRAPHY: ARIZONA INDUSTRY CODE: AUTOMOTIVE MERGERS/ACQ MANAGEMENT CHANGES Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page.

cnbc.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext