GB,
in below's press release, there is Mr. Flannery mentioned elected company secretary. He is also the company secretary of CBQI. Also, the press release states that CSCA should become fully reporting. I wonder who they might pick as SEC counsel and my (uninformed?) guess comes to Mark Pierce. They also will have to get audited. Good candidate here again is "Hunter & HAliburton" <g>. All these are pure guesses on my behalf but they sound pretty reasonable given the ownership of CSCA.
If this shell becomes fully reporting, maybe Freedom Funding (now: FMFD) may serve as a role model. First the SEC prep & audit, then a huge reverse split (there I guess it was 1:100 but would have to look it up on Edgar again) then a good time of pause and then a reverse merger. We shall se..
best regards
CROSSY
(delving thru press releases and SEC filings)
Wednesday March 31, 8:06 am Eastern Time
Company Press Release
Cassco Capital Corporation Appoints New President
DALLAS--(BUSINESS WIRE)--March 31, 1999--Cassco Capital (OTC BB: CSCA) today announced the appointment of Richard Gregory as the sole director, finalization of the sale of Trico Oil and Gas and change of domicile, which is in the process of being changed from Delaware to Colorado.
Trico was sold back to the original owners in a stock transaction, which returned to the treasury Ten Million (10,000,000) shares of common stock. In connection with the sale of Trico all of the previous Directors resigned after appointing Gregory as a Director. Gregory elected himself President and William J. Flannery as Secretary of the Company.
Gregory stated that his primary goals for the Company were to bring all of the filings up to date and to locate business opportunities to increase the value of the Company's shares. In that regard, the Company has retained SEC Counsel and accounting professionals to get all of the SEC filings brought up to date. To insure that the filings can be completed, the Company has arranged a line of credit. During this process, the Company will investigate several business opportunities, which have been presented to it for review and consideration.
This news release includes forward-looking statements related to Cassco Capital Corp. that involve risks and uncertainties, including but not limited to, quarterly fluctuations in results, the management of growth, market acceptance of certain products and other risks. These forward-looking statements are made in reliance on the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect Cassco's future results, see the company's filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations.
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Contact:
Cassco Capital Corp., Dallas
Richard Gregory, 972/306-4604 |
