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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (25863)2/8/2000 4:08:00 PM
From: Katie Kommando  Read Replies (1) of 150070
 
Jim . . . I don't think anybody posted the PR on MJXC. Here it is:

(BSNS WIRE)
Majestic's Form 10-SB Registration Statement Becomes Effective


Business Editors

SAN DIEGO--(BUSINESS WIRE)--Feb. 8, 2000--The Majestic Companies,
Ltd. (OTCBB:MJXC), currently trading under the symbol (OTCBB:MJXCE),
is pleased to announce that its Form 10-SB registration statement,
filed with the Securities and Exchange Commission on Nov. 12, 1999, is
now effective.
Majestic is now in compliance with eligibility rules governing
the NASD OTC Bulletin Board and is scheduled to resume trading under
its original symbol (OTCBB:MJXC) on Thursday, Feb. 10, 2000.
The Majestic Companies, Ltd. is a holding company based in San
Diego, that manages a group of wholly owned manufacturing and
financial subsidiaries that include: Majestic Modular Buildings, Ltd.,
a manufacturing unit that designs, builds and markets both
re-locatable modular classroom buildings for California Unified School
systems and modular structures for commercial end users; Majestic
Transportation Products, Ltd., a group that engineers and markets
transportation related safety products including the SAFE-T-BAR(TM)
school bus occupant restraint; and Majestic Financial, Ltd., a lease
and finance company that owns and operates a fleet of leased modular
classrooms.
Additional information can be obtained by visiting the company's
Web sites at: www.themcl.com and www.safe-t-bar.com. Contact: Investor
Relations -- 619/209-6077.

Note: Certain statements in this Press Release are "forward
looking statements" within the meaning of the Private Securities
Litigation Act of 1995. Such statements involve known and unknown
risks, uncertainties and other factors that may cause results to
differ materially. Such risks, uncertainties and other factors
include, but are not limited to, changes in general economic
conditions, risk in product technology developments, market acceptance
of new product and continuing product demand, level of competition and
other factors described in the company's Reports, prospectuses and
other filings with the Securities and Exchange Commission.

--30--jm/sd* ts/sd

CONTACT: The Majestic Companies, Ltd.
Investor Relations, 619/209-6077
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