Washdeck,
Been waiting for you to post the good news ;-) Just in case there is anyone still reading this board BANY's been re-listed. Second MM showed up on Level II today. Apr 6th is the date that opens the door for multi MM trading. Currently ACAP and SCHB are the listed MM's. ACAP is the MM currently trading.
Thursday March 7, 12:30 pm Eastern Time
Press Release
SOURCE: Banyan Corporation
Banyan Announces NASD Electronic Bulletin
Board Trading
LOS ANGELES, CA--(INTERNET WIRE)--Mar 7, 2002 -- Banyan Corporation
(OTCBB:BANY - news) announces that effective this morning it is trading
on the NASD Electronic Bulletin Board.
Banyan CEO, Michael Gelmon, stated: "We are delighted to be trading on a
more visible market. This move bodes well for Banyan Corporation as it
will give us far more exposure and flexibility which will be helpful in
executing our business plans for Chiropractic USA, Inc., Doublecase
Corporation as well as Franchise Support Network, Inc."
Banyan President, Cory Gelmon commented: "This move will expose our
company and many of the endeavors we have been working on, as well as
our pending Chiropractic acquisition, to a much broader audience."
Banyan Corporation continues to move forward with the execution of its
business plan on schedule, and the assent to a more mature market
should greatly enhance its endeavors.
Banyan Corporation is a publicly traded holding company focused on
investing in and building a network of operating subsidiaries engaged in
various innovative businesses. Currently the company's wholly owned
subsidiary, Chiropractic USA, Inc., is focusing on the development of
branded Chiropractic clinics throughout North America by way of
acquisitions of existing clinics as well as franchising chiropractic clinics
under its marks and uniform operating systems and practices. In addition,
Banyan's wholly owned subsidiary, Doublecase Corporation, sells a line
of hard?sided protective carrying cases for notebook computers under
the DoubleCase brand name. Doublecase's products are currently
available through distribution from Ingram Micro and sold through a
wide variety of Internet e?commerce storefronts, computer mail order
catalogs, Value Added Resellers (VARs), a number of overseas vendors,
and to the U.S. government.
The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements. Certain information included in
this press release (as well as information included in oral statements or
other written statements made or to be made by Banyan Corporation)
contains statements that are forward-looking, such as statements relating
to the future anticipated direction of the high technology industry, plans
for future expansion, various business development activities, planed
capital expenditures, future funding sources, anticipated sales growth
and potential contracts. Such forward-looking information involves
important risks and uncertainties that could significantly affect
anticipated results in the future and, accordingly, such results may differ
from those expressed in any forward-looking statements made by or on
behalf of Banyan Corporation. These risks and uncertainties include, but
are not limited to, those relating to development and expansion activities,
dependence on existing management, financing activities, domestic and
global economic conditions, changes in federal or state tax laws, and
market competition factors. For a description of additional risks and
uncertainties, please refer to Banyan's filings with the Securities and
Exchange Commission.
Contact:
Contact: Michael Gelmon
Company: Banyan Corporation Investor Relations
Voice: 800-808-0899
Email: mgelmon@banyancorp.com
URL: banyancorp.com
biz.yahoo.com
steve |
