Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (5973)	8/2/1999 1:37:00 PM
From: SSP	Read Replies (2) \| Respond to of 150070

That's the way to do it!

To: Jim B who wrote (5973)	8/2/1999 1:55:00 PM
From: InOverMyHead	Respond to of 150070

Here is the PR from June 10,1999 DENVER--(BUSINESS WIRE)--June 10, 1999--Consolidated Capital of North America Inc. (Nasdaq BB:CDNO) announced Thursday that it has secured a payment guarantee from an affiliate of a major insurance company for their proposed $4 million bond offering. The guarantee gives the bonds the equivalent of an A- rating. Once completed the bond offering will allow Consolidated to complete its $25 million refinancing with Foothill Capital Corp. and allow the company to move forward on two key acquisitions. Richard D. Bailey, president and chief operating officer of Consolidated stated that, "The successful completion of this financing will provide Consolidated with the capital necessary to proceed to our immediate goal of achieving profitability and reaching $100 million in annual sales." Consolidated Capital of North America Inc., through its three operating subsidiaries, Capitol Metals, Angeles Metal Systems and Toledo Pickling and Steel currently employs over 150 people from its facilities in Torrance, Calif., Sacramento, Calif., Vancouver, Wash. Tacoma, Wash. and Toledo, Ohio.