To: findstock who wrote (49789 ) 6/6/2000 9:13:00 AM From: Jim Bishop Read Replies (1) | Respond to of 150070
VALH was nice yesterday, but may have gone too far too fast....not sure how the market will take this news today. KAHI chart is great. TORONTO, Jun 6, 2000 (BUSINESS WIRE) -- Value Holdings, Inc. (OTCBB:VALH) today announced that Abe Kaplan, the Chief Financial Officer of its wholly owned subsidiary Network Forest Products Limited, has resigned. Network's controller, Alan Morrison, will assume certain accounting duties originally handled by Mr. Kaplan. Mr. Kaplan's other duties will be handled by Network's Chief Operating Officer, Lyon Wexler, and by Network's President, Robert Ziner, who is also the President and CEO of Value Holdings, Inc. Ida Ovies remains as Chief Financial Officer of Value Holdings. The company said that this will not cause any delay in its filing of its quarterly report on Form 10-QSB, which is due on June 15, 2000. Value Holdings, Inc. is a holding company formed to acquire businesses. The corporate goal is to build well-run independent subsidiaries which have solid market niches with compounded growth rates in terms of revenues and earnings. This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward-looking statements involve the known and unknown risks and uncertainties which may cause the company's actual results in future periods to differ materially from what is anticipated. CONTACT: Gemini Integrated Financial Services Corp., Hollywood, Fla. Jon Leinwand, 954/924-1567 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- KEYWORD: INTERNATIONAL CANADA INDUSTRY KEYWORD: FOREST PRODUCTS MANAGEMENT CHANGES *** end of story ***