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Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC) -- Ignore unavailable to you. Want to Upgrade?

To: Terry Lyon who wrote (1130)	11/10/1999 2:54:00 PM
From: CIMA	Respond to of 1241

Wednesday November 10, 12:59 pm Eastern Time Company Press Release SOURCE: Mortgage Bankers Holding Corp. Mortgage Bankers Holding Corp. (MBHC) Announces Name Change to National Institute Companies of America (NICA) PITTSBURGH, Nov. 10 /PRNewswire/ -- Mortgage Bankers Holding Corp. (OTC Bulletin Board: MBHC - news) today announced that the Company will officially change the name of the Company to National Institute Companies of America (''NICA''), effective in the first quarter of the new year. ''Our timing could not be more impeccable,'' said Kevin Maloney, President of MBHC and NICA, ''considering the notice on Friday, October 22, 1999 that there will be a repeal of the 1933 Glass Steagall Act. This new legislation could create tremendous opportunities for the Company to expand, merge or possibly be acquired by a strategic partner,'' said Maloney. NICA is one of the largest providers of estate and financial planning products and services to the Community-Independent Banks in the United States and becomes an attractive opportunity for additional market share, in an expanded marketplace. NICA was founded on the strategy of maximizing revenues for Community Banks on an equal if not, superior performance basis to the largest banks in the nation. The Company is structured to assist banks, bank holding companies and other financial institutions (brokers/dealers, S&Ls, accounting firms, etc.) in the planning, design and implementation of an insurance marketing program and financial planning profit center within the bank or entity. NICA is the endorsed provider of estate and financial planning products and services for the: Independent Bankers Association of Texas; Independent Bankers of Colorado, the; Community Bankers Association of Illinois and the; Community Bankers of California, the; Community Bankers of Kentucky, the; Community Bankers of Wisconsin and the; Oklahoma Bankers Association Texas Funeral Directors Association Extension Services of Five Major Universities Colorado State University Texas A&M University Washington State University University of Arizona University of New Hampshire NICA has 14 years of proven success in selling financial products and offering estate and financial planning seminars to the banks and bank customers. In addition, the Company has been presented in each state to the state bar association, state banking commission and state insurance commission for approval and to inform them of the Company's practice, in their state in order to comply with the state's practical law. The Company can be reached for comments or questions regarding this announcement at: Investor Relations Tizo Maduro of Market Pulse Journal, 716-256-6505, ext. 219. SAFE HARBOR DISCALIMER Certain statements contained herein constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and financing, business trends, and future operating revenues and expenses. Although the Company believes that the statements are reasonable, it can give no assurance that such expectations will prove to be correct. Investors are cautioned that any forward-looking statements made by the Company, or contained in this profile/research report, contain no guarantee of future performance, and that the actual result may differ materially from those set forth in the forward-looking statements. Difference in results can be caused by various factors including, but not limited to, the Company's ability to be able to successfully complete planned funding agreements, to successfully market its products in competitive industries or to effectively implement its business plan or strategies. SOURCE: Mortgage Bankers Holding Corp.

To: Terry Lyon who wrote (1130)	11/18/1999 1:35:00 AM
From: CIMA	Respond to of 1241

Interesting post from the Raging Bull thread: By: bruceski Reply To: None Wednesday, 17 Nov 1999 at 11:59 PM EST Post # of 1648 I'm starting to question MBHC management. 1)Rushovich is new CEO back this spring and has never been mentioned again. Does he really work there? 2)Board of Directors has a ton of big names and according to PR just need approval. Have they not been approved? Why? It appears we have no board. 3)Maloney said financials would be out in July. He then says they'll be out by Shareholders meeting. Then there he says end of October. Now I'm hearing another 45-60 days. Then what? Next summer? 4)Maloney makes a bunch of announcements at the shareholders meeting and now you hear nothing about any of them. Were they real? Are the afraid to put it in writing? 5)Maloney tells us there are 19 million shares in float and 34 million is max they can go up to at meeting. Now number is 28 million and 50 million. Are they printing shares or what? Which number is correct? Are both correct and MBHC is dumping shares on the market? 6)Boomers letter of Intent was signed prior to meeting and they were to meet with Boomers in Oct. Did the deal fall through? Do we own Boomers? Graham Douglas says Boomers need financing. So we own or are buying a company that is need of millions? 7) Debt was reduced to 500K but how? Looking more and more like by issuing shares. I could reduce my car payment too if I roll part of loan to credit cards and say "look my car is now worth more than I owe" 8) Book value of $1.43 was reported over and over in PR's. Was that based on 19 million? 28 million? 50 million? Is our book value going down as I type? 9) Does Maloney know when we can be delisted? He said January was the date and it would change to February when they changed the name. Sorry my friend those ain't the rules. Was the information at the shareholders meeting put out to "keep peace" in the meeting? Tell me what I want to hear and I'll keep quiet. I doubt that all these people would be involved in something that will not be huge. What would be the point for them? As shareholders, I believe we deserve answers. Before all we got was we are not commenting at this time. Now we have a PR firm and two PR's that have done nothing for the stock. Maybe its time to go all out and attempt to get to management and find these answers. Bombard them with phone calls until they give us the information we rightfully deserve. It may take away from their daily activities but since they don't tell us what they are does it really affect us? Don't get me wrong people because I am long on MBHC. Management can not be stupid enough to ruin their careers by giving out false information. I have been here for a long time and have never questioned what is going on. I have seen my portfolio drop by over $100K and think I deserve answers. I want to know if now is the time to buy cheap shares as I have been all month or what? Opinions appreciated.

To: Terry Lyon who wrote (1130)	12/8/1999 11:43:00 AM
From: CIMA	Respond to of 1241

Tuesday December 7, 12:19 pm Eastern Time Company Press Release SOURCE: Mortgage Bankers Holding Corp. Mortgage Bankers Holding Corp. Announces Interview with wallstreetreporter.com PITTSBURGH, Dec. 7 /PRNewswire/ -- Mortgage Bankers Holding Corp. (OTC Bulletin Board: MBHC - news), doing business as National Institute Companies of America, announced today, December 7, 1999, an audio interview between Kevin P. Maloney, President of MBHC/NICA and Wall Street Reporter.com (www.wallstreetreporter.com). SOURCE: Mortgage Bankers Holding Corp.