VALH was nice yesterday, but may have gone too far too fast....not sure how the market will take this news today.
KAHI chart is great.
TORONTO, Jun 6, 2000 (BUSINESS WIRE) -- Value Holdings, Inc. (OTCBB:VALH) today
announced that Abe Kaplan, the Chief Financial Officer of its wholly owned
subsidiary Network Forest Products Limited, has resigned.
Network's controller, Alan Morrison, will assume certain accounting duties
originally handled by Mr. Kaplan. Mr. Kaplan's other duties will be handled by
Network's Chief Operating Officer, Lyon Wexler, and by Network's President,
Robert Ziner, who is also the President and CEO of Value Holdings, Inc.
Ida Ovies remains as Chief Financial Officer of Value Holdings. The company said
that this will not cause any delay in its filing of its quarterly report on Form
10-QSB, which is due on June 15, 2000.
Value Holdings, Inc. is a holding company formed to acquire businesses. The
corporate goal is to build well-run independent subsidiaries which have solid
market niches with compounded growth rates in terms of revenues and earnings.
This release contains forward-looking statements that are made pursuant to the
safe harbor provisions of the Securities Litigation Reform Act of 1995.
Forward-looking statements involve the known and unknown risks and uncertainties
which may cause the company's actual results in future periods to differ
materially from what is anticipated.
CONTACT: Gemini Integrated Financial Services Corp.,
Hollywood, Fla.
Jon Leinwand, 954/924-1567
URL: businesswire.com
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Copyright (C) 2000 Business Wire. All rights reserved.
Distributed via COMTEX.
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KEYWORD: INTERNATIONAL CANADA
INDUSTRY KEYWORD: FOREST
PRODUCTS
MANAGEMENT
CHANGES
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