MJXC . . . this just out:
SAN DIEGO--(BUSINESS WIRE)--Feb. 15, 2000--
Majestic Announces the Release of the National Capital Companies' Research Report Research Report Substantiating "Buy" Recommendation Available Immediately
The Majestic Companies Ltd. (OTCBB:MJXC) announced that National Capital Securities Research has issued a "Buy" recommendation for the company's stock.
National Capital Securities Research Inc.'s full report on Majestic is available on the Internet at: www.natcapco.com/pdf/mjxcfinal.pdf. The report is also available by contacting Majestic's investor relations department at 619/209-6077, or by requesting a copy of the
report from the company via e-mail at: info@themcl.com
Highlights of the National Capital Securities' Research Report covering Majestic include:
"We are initiating a Buy recommendation for the shares of MJXC for those investors who understand the risks associated with this type of investment and are willing to commit risk capital to a one-to-two year time horizon. With the stock at historical lows, coupled with a maturing business model, Majestic is a solid value play for a diversified portfolio."
"Majestic is quickly positioning itself as a leader in under-served and rapidly-expanding areas of the market, modular building manufacturing and leasing, and patent-pending, school-bus safety restraint systems. Market dynamics, both economic and political, dictate that these areas have the potential to grow rapidly
over the next few years."
"The transportation safety equipment business has the potential to drive a compelling valuation model going forward based both on high margins, and the number of possible applications and product installs. Due to extremely heavy lobbying from parents, five states have already
mandated safety restraints on new school buses, and 17 more states are considering such legislation. Though Majestic is certainly not dependent on further legislation, should the present trend continue with additional states and/or the Federal Government passing school bus restraint laws, the company's growth prospects would be even
further enhanced."
About The Majestic Companies Ltd.
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 transportationrelated safety products including the SAFE-T-BAR(R) school bus occupant restraint; and Majestic Financial Ltd., a lease and finance
company that owns and operates a fleet of leased modular classrooms.
About National Capital Securities Research and The National Capital Companies
National Capital Securities Research is a subsidiary of The National Capital Companies, Irvine, Calif., founded in 1992 to provide full service investment banking, brokerage, trading and financing services primarily focusing on new and rapidly growing small capitalization companies. Since that time the company has established itself as a premier provider of services to small capitalization companies and individual and institutional investors.
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 "forwardlooking 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.
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CONTACT: The Majestic Companies Ltd.
Investor Relations, 619/209-6077
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