Re: 7/25/00 - [CCCX] Centre Capital Corporation Response to Rumors
Tuesday July 25, 2:39 pm Eastern Time
Company Press Release
SOURCE: Centre Capital Corporation
Centre Capital Corporation Response to Rumors
FORT WORTH, Texas, July 25 /PRNewswire/ -- Centre Capital Corp. (OTC Bulletin Board: CCCX - news) cccx.net announced today that it knows of no insiders selling stock, nor have there been any forms filed to register insider's stock for sale.
Insiders of the company have filed Form 3's, (Initial Statement of Beneficial Ownership), as required by the Securities and Exchange Commission. These forms are for ownership disclosure purposes and do not reflect intent to sell, or buy, securities. Insiders hold restricted stock, and as such are subject to insider trading rules as mandated by the Securities and Exchange Commission.
Certain individuals or groups of individuals, acting in concert, appear to be spreading false rumors concerning Centre Capital Corporation and its management. One of the primary vehicles used for this purpose has been stock chat sites. The Company intends to fully explore any and all possible courses of action against these attempts to spread false or misleading information concerning the company.
``We do not intend to allow this malicious attempt to undermine the confidence of our shareholders to go unanswered. This is just the sort of short attempt for which the Bulletin Board is famous. We are exploring all options, including filing charges, in dealing with this matter,'' stated Karl Jacobs, Chief Executive Officer.
All information concerning the company as filed can be found at sec.gov. Centre continues to provide company information at its web site, cccx.net
Centre Capital Corp. continually seeks new cutting edge products in order to broaden its line of product offerings. Centre is also seeking accretive acquisitions in distribution and marketing, its areas of core competence.
SAFE HARBOR STATEMENT: Certain statements in this news release may constitute ``forward looking'' information within the meaning of the Private Securities Litigation Reform Act of 1995. Such Forward looking statement involve risk and uncertainties that could cause actual results to differ materially from those set forth or implied by such forward statements. Forward Looking Statements: All statements other than statements of historical fact in this release are forward looking statements as a result of certain factors including, but not limited to the effect of business and economic conditions; the impact of competitive products and pricing; and capacity and supply constraints or difficulties. Such statements reflect the current views of the company with respect to future events and are subject to these and other risks and uncertainties and assumptions relation to the operations, results of operations, growth strategy and liquidity of the Company.
CONTACT: NEAL PUBLIC RELATIONS TEL - 714 848-8481
Roger Neal or Lynn Neal FAX - 714 848-9043
Toll Free 877 961-2229
Britt Brooks 713 334-8230
SOURCE: Centre Capital Corporation
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