Millenium Holding Group, Inc. Announces Update on DEF-14C and Corporate Image
Thursday March 20, 8:45 am ET
LAS VEGAS, NV--(INTERNET WIRE)--Mar 20, 2003 -- Millenium Holding Group, Inc. (OTC BB: MNHG) management updates the public on various corporate issues.
Richard Ham, CEO/President of Millenium Holding Group, Inc. stated, "We have a majority written consent of the shareholders (Information Statement Pursuant to Section 14C filed with and accepted by SEC on February 12, 2003) which enables the Company to issue Preferred non-voting shares. Management feels this strategy enhances Millenium's ability to accomplish its financing objectives for acquisitions and operations."
Mr. Ham added, "Information relating to our new corporate image program will begin over the next few weeks. This new corporate image will entail the release of our new tradename identity, logo, and website. This long-term plan will focus the public's perception on Millenium's strategic objective of being the first financial institution of its kind. Management is excited as to future releases to the public of our new corporate image program."
Millenium Holding Group, Inc. (OTC BB: MNHG) is a publicly traded and fully reporting financial services Company in early stage development. The passage of the Financial Modernization Act (Gramm-Leach-Bliley Act) radically overhauled the nation's banking, insurance and securities markets. The Act allows one Company to possess all three disciplines. Millenium Holding Group, Inc. intends to, and is actively pursuing the creation or acquisition of an Internet National Bank, Internet Insurance Company and Broker Dealer.
Forward Looking Statements. This Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "plan," "expect," or similar expressions, and are subject to numerous known and unknown risks and uncertainties. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this Release, including the above matters and in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
Contact:
Contact: Richard Ham
Company: Millenium Investor Relations
Voice: 702-492-7721
Email: investor-relations@mnhgroup.com
URL: mnhgroup.com
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Source: Millenium Holding Group, Inc. |
