seems like this would be a good deal for penny stocks.
National Tax Accounting, Inc. to Provide SEC Filing Services to Non-Reporting Companies
CLEARWATER, Fla.--(BUSINESS WIRE)--May 6, 1999--NATIONAL TAX ACCOUNTING, INC. (Nasdaq BB:NTXA - news) announced today that it will offer to clients of the firm SEC filing services at a discounted rate. This service will include all accounting work and legal filings related to the new requirements imposed recently by the SEC on non-reporting, public companies. The legal work will be handled by SEC attorneys who work closely with the company.
''The SEC rule changes have created a strong demand for audit work and legal filings in order for non-reporting companies to be in compliance,'' said F. Albert Landwehr, Jr., President & CEO of NATIONAL TAX ACCOUNTING. ''On the investment banking side, we deal with many companies who are facing this need, which in many cases is cost prohibitive. By utilizing our network, we can bring this cost to a reasonable level. Our primary motivation of joining forces with NATIONAL TAX was to create a professional, full service financial organization designed specifically for smaller businesses and to create shareholder value through the synergistic benefits of joining an investment banking organization with an accounting organization. This is but the first area whereby the synergies are readily apparent. We anticipate that this demand will create numerous referrals for accountants already within our network and will be a very useful bargaining point in our expanding efforts to attract other quality firms.''
NATIONAL TAX ACCOUNTING, INC. provides accounting, tax and management services to individuals and businesses through a network of affiliated certified public accountant and IRS enrolled agent firms. In addition to furnishing tax preparation services to individuals and businesses, IRS representation and a variety of accounting services, including audits, NATIONAL TAX ACCOUNTING writes business and marketing plans, provides systems analysis and computer related services and offers a wide range of other business services.
SENTINEL FINANCIAL CORPORATION provides corporate finance, merger and acquisition, turnaround management, and debt and equity capital acquisition services to its clients. Headquartered in Atlanta, Georgia, Sentinel provides emerging companies with creative financing solutions utilizing the depth of expertise of its principals and associates. SENTINEL currently has offices in San Diego, Denver, Colorado Springs, Ridgefield, New York and Vancouver.
Certain information presented in this release constitutes ''forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results or achievements of the Company to be materially different from any future results or achievements expressed or implied by such forward-looking statements.
For further information, contact Ray D. Fry, Chairman at (727) 724-8226, F. Albert Landwehr, Jr., President & CEO at (678) 445-1501, or visit National Tax Accounting's website at www.nationaltax.com.
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Contact:
National Tax Accounting, Inc., Clearwater
Ray D. Fry
Phone: 727/724-8226
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