Applies to -- SMMM
RAINBOW COMMUNICATIONS THROWS LIFE LINE TO DROWNING OTC BB COMPANIES
WINTER PARK, Fla., Feb. 25 /PRNewswire/ -- Rainbow Communications,
Inc., a subsidiary of Stratcomm Media, Ltd. (OTC Bulletin Board: SMMM),
has a new program to aid Over-The-Counter Bulletin Board (OTC BB)
companies that are, or will be, rocked by new Securities and Exchange
Commission (SEC) eligibility requirements. The SEC recently ruled that
Nasdaq OTC BB companies must be fully reporting in order to remain
listed. This places an enormous burden on thousands of small companies
lacking either the legal and accounting skills necessary to comply with
the new regulations or the financial resources to pay for them.
Rainbow Communications, through its association with securities
attorneys, SEC-practicing accountants and other specialists, offers a
unique package that will enable these companies to meet all legal and
financial regulatory requirements -- at a very affordable price.
Most OTC BB companies cannot afford to pay the high fees commanded by
most attorneys and auditors. Rainbow Communications is not only
reasonably priced, but its select group of SEC attorneys and other
specialists will take stock if the company prefers this method of
payment. Rainbow Communications will also purchase stock to provide
the funds necessary to pay accountants.
Stratcomm Media, Ltd., the parent company of Rainbow Communications,
focuses on the needs of publicly traded clients. According to Paul
Serluco, Chief Financial Officer at Stratcomm, Rainbow Communications'
new service will enhance the revenues of Stratcomm while increasing
sales for the other subsidiaries which include: Corporate Relations
Group, a sophisticated investor relations company; Gulf/Atlantic
Publishing Inc., publisher of MoneyWorld magazine, the Financial
Sentinel tabloid and investor newsletters including Rumor Mill,
Confidential Fax Alert and Money World Insider; Arrow Marketing, an
in-house creative agency, and Applied List Management, a database
marketing firm. The group, with sales of $17 million in 1998, trades
on Nasdaq under the symbol OTC BB: SMMM.
For more information contact Lee Meier at Stratcomm Media, Ltd.,
800-444-4980 or 407-628-5700.
SOURCE Stratcomm Media, Ltd.
|
