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Microcap & Penny Stocks : Haas Neuveaux (HANX)

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To: Shell Searcher who wrote ()4/1/1999 1:41:00 PM
From: Shell Searcher  Read Replies (1) of 19
 
Tuesday March 2, 5:48 pm Eastern Time

Company Press Release

Haas Neuveaux & Co. Appoints Accounting Firm

GENEVA, Switzerland--(BUSINESS WIRE)--March 2, 1999--Publicly traded Haas Neuveaux & Co. (OTC BB: HANX) is pleased to announce today that it has retained Francisco A. Olivero, Member of the College of Accountants of Venezuela, to prepare financial statements on the company's Venezuela operations.

The financial statements will comply with U.S. G.A.A.P. Accounting standards.

The accounting firm of Hunter, Haliburton & Associates will continue to serve as the company auditor.

Haas Neuveaux & Co. operates Caribbean Pine plantations and sawmills in Puerto Ordaz, Venezuela and has contracts with Madera Del Cibao, in
Santiago, Dominican Republic, to supply and ship Caribbean Pine Lumber to the Dominican Republic from Venezuela. The contract is for a one year term for lumber purchases of up to $ 1,400,000.00 USD/Month.

Contact:

Haas Neuveaux & Co.
Investor Relations, 888/682-0922
Website: www.pfbv.com
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