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Microcap & Penny Stocks : NICM (National Institute Companies of America)

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To: bruceski who started this subject9/25/2000 6:02:59 PM
From: bruceski  Read Replies (1) of 124
 
September 25, 2000 15:28

National Institute Companies of America Mulls Tender Offer
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PITTSBURGH, Sept. 25 /PRNewswire/ -- National Institute Companies of America (OTC Bulletin Board: NICM), ("NICA"), is announcing today that the company received a friendly tender offer "for all of the outstanding shares of NICM at a value of up to ten times book value on the close of business on December 31, 2000." The directors and officers of the Company are evaluating the offer.

The company welcomes comments and suggestions at corporate@nicoa.com.

Certain statements contained herein constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and financing, business trends, and future operating revenues and expenses. Although the Company believes that the statements are reasonable, it can give no assurance that such expectations will prove to be correct. Investors are cautioned that any forward-looking statements made by the Company, or contained in this profile/research report, contain no guarantee of future performance, and that the actual result may differ materially from those set forth in the forward-looking statements. Difference in results can be caused by various factors including, but not limited to, the Company's ability to be able to successfully complete planned funding agreements, to successfully market its products in competitive industries or to effectively implement its business plan or strategies.

SOURCE National Institute Companies of America, Inc.

/CONTACT: Tizo Maduro, Investor Relations, 800-290-8935, or 716-256-6505,
ext. 219, for National Institute Companies of America, info@market-pulse.com/

/Web site: nicoa.com /
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