Pride Brings SEC Filings Current; Application for Listing on the OTC Bulletin Board Submitted
CAMARILLO, Calif.--(BUSINESS WIRE)--April 10, 2006--Pride Business Development Holdings, Inc. (Pink Sheets:PDVG), with its brand of Bodyguard(TM) products, is a specialty and protective clothing and materials manufacturer, and today announced that on March 28, 2006, it filed its Quarterly Report on Form 10-QSB for the Third Quarter of 2005 and, as a result, is now current with respect to its quarterly and annual reporting obligations, as set forth in the Securities Exchange Act of 1934.
Pride Business Development Holdings, Inc. further announced today that an application for listing on the OTC Bulletin Board has been submitted on the Company's behalf with NASD Regulation Inc. Shares of Pride Business Development Holdings, Inc. Common Stock currently trade on the Pink Sheets under the ticker symbol "PDVG" and will continue to trade on the Pink Sheets while the Company's application for listing on the OTC Bulletin Board is pending.
Commenting on the submission of its application for quotation on the OTC Bulletin Board, M. Michael Markow, Pride's CEO and Chairman, stated, "The listing of Pride's common stock on the OTC Bulletin Board will help to increase the Company's visibility and standing in the financial community and should create a more liquid market for the trading of Pride's common stock."
ABOUT PRIDE BUSINESS DEVELOPMENT HOLDINGS, INC.
Pride Business Development Holdings, Inc., with its brand of Bodyguard(TM) products, is a specialty and protective clothing and materials manufacturer for the domestic and international law enforcement, military and dangerous materials handling markets. For information about Pride Business Development Holdings, Inc., please visit our website at www.pridegroup.org or call us at 866-868-0461. For more information about Pride's wholly-owned subsidiary, Bodyguard, Inc., please visit our website at www.yourbodyguard.com or call us at 866-868-0461.
SAFE HARBOR STATEMENT
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The Statements which are not historical facts contained in this press release are forward-looking statements, which are based largely on the Company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Words such as "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," variations of such words, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are only predictions that speak as of the date hereof and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Factors that might cause or contribute to such differences include, but are not limited to, those discussed in our reports on file with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. We undertake no obligation to revise or update publicly any forward-looking statements to reflect any change in the expectations of our management with regard thereto or any change in events, conditions, or circumstances on which any such statements are based.
Contacts Pride Business Development Holdings, Inc. Ari L. Markow, 866-868-0461 or Carpe DM, Inc. Stuart Fine, 908-490-0075 |