Press release.
Subj: Press Release
Date: 97-08-29 08:46:56 EDT
From: PDGreen
One thing to check off on my list, they are using forward looking statements in their press releases. Hallelujah. A couple of things I am still going to look for is their first filing with the SEC. Once they do that, then I will be a happy soul. Though, I do like that angle of being a merger candidate. however, they will have to significantly reduce their shares if they want to do this. Personally, I think a better way is to get the small cigar
companies out their an easy candidate to merge with and merge with this company instead. Interesting, very interesting. Though one should release press releases a day before a holiday isn't exactly steller :)
Good luck all.
BOCA RATON, Fla.--(BUSINESS WIRE)--Aug. 29, 1997--Power Phone
Inc., formerly known as TMC Agroworld Corp. and trading under TACN
Nasdaq BB, announced that it has changed its name to Dominican Cigar
Corp. and trading symbol to DCGR, which is more closely aligned with
its new corporate name.
The Dominican Cigar Corp. manufactures and markets its imported premium hand made cigars under the brand name of "Don Carlo." The company has also signed an exclusive licensing agreement to market its premium hand made cigars under the Adolfo logo.
Don Platten, president and chief executive officer of the
Dominican Cigar Corp., stated that: "The change of corporate name
and trading symbol will accentuate and distinguish the premium
product that we are bringing to the connoisseur cigar community."
Note: Forward looking statements in this release made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward looking statements involve risks and uncertainties, including,
without limitation, continued acceptance of the company's products,
increased levels of competition for the company, and other risks.
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