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 : Leah Industries, Inc. (OTC-BB-LEAH) -- Ignore unavailable to you. Want to Upgrade?

To: CYBERKEN who wrote (2098)	10/7/1999 3:11:00 PM
From: Kelton	Read Replies (1) \| Respond to of 2153

Leah Industries, Inc. Announces Change in Board of Directors Business Wire - October 07, 1999 14:54 TORONTO & TYUMEN, Russia--(BUSINESS WIRE)--Oct 7, 1999--Leah Industries, Inc.(OTCBB: LEAH) is announcing a change in the Board of Directors. Birte Boock and Alexander Nafanailov have resigned effective October 6, 1999 and have been replaced by Vladimir Gardt as Chairman, CEO and President and Leonid Owsiv as executive Vice President and Director. Mr. Gardt, as the majority shareholder is of the opinion that now is not the time to sell the company. Mr. Gardt intends to pursue additional oil ventures and as part of assuming control Mr. Gardt will have Sib - Mach Font tender for four million (4,000,000) shares of Leah Industries, Inc. at a price of four dollars ($4.00 US ) per share as soon as feasible. Both past and new management will not tender their holdings. It is the intention of the new Board to have the shares of Leah Industries, Inc. listed on a major exchange in the United States, as well as Germany. As part of the new Leah Industries management focus, Leah will acquire the minority interest in Sib - Mach Font. CONTACT: V. Gromnyko 416/287-5055 Fax: 416/661-0405 e-mail: leahind@hotmail.com ------------------------------------------------------------------------------- ¸ 1999 TD Waterhouse. Click here for important legal information.