still a great long, imo:
Friday December 29, 6:00 am Eastern Time
Press Release
SOURCE: Herman, Alexis & Co. Inc.
Herman, Alexis & Co. Inc. Reiterates Coverage of Meridian Holdings, Inc.
LOS ANGELES, Dec. 29 /PRNewswire/ -- The following is being issued by Herman, Alexis & Co.Inc., a member of the National Association of Securities Dealers, CRD number 36755:
Herman, Alexis & Co. Inc., Los Angeles recaps the recent developments in Meridian Holdings, Inc.,(OTC Bulletin Board: MEHO - news) since our last coverage.
-- Meridians InterCare.com subsidiary, successfully implemented the enterprise version of MedMaster(TM) software, at USC University Hospital in Los Angeles, California." Source Internet Newswire.
-- Tenet Healthcare (NYSE: THC - news) licensed the inpatient nursing modules of MedMaster(TM) for five of its hospitals. The first hospital is Los- Angeles based USC (University of Southern California). Source
InterCare.com Edgar filing.
-- Meridian entered into a joint venture with TeleHealth, LLC to launch Web-enable version of MedMaster(TM), and link doctors, hospitals and clinics throughout Asia and Africa. The first phase is slated to begin January 2001 in Saudi Arabia, where one of the partners anticipates $50 million in revenue next year." Source Reuters Health News.
-- Meridian announces dividend distribution of CGI Communication Services, Inc. Pursuant to a resolution adopted by the board of directors on October 17th, 2000, for each 20 shares of common stock of
MEHO owned, shareholders of record as of January 2, 2001 will be issued one (1) share of common stock of its' CGI Communications Services, Inc., subsidiary. The dividend distribution, which will be
made to all shareholders -- excepting all current and past officers, directors and affiliates -- will take place in January 2001, following MEHO's annual meeting. Corporate Stock Transfer (Denver), the
company's stock transfer agent, will process the dividend issuance. Source Internet Newswire.
Herman, Alexis & Co. Inc. is a privately held investment banking firm and is a member of NASD and
SIPC, and is a registered U.S. Broker-Dealer. Any information or opinion provided in this release does
not solicit or make an offer to buy or sell any securities or any options, futures or other derivatives. In
the purview of Section 17(b) of the Securities Act of 1933 readers are advised that this release is
issued solely for informational purposes. The information contained herein is based on sources that the
company believes to be reliable but is not guaranteed as being accurate and does not purport to be a
complete statement or summary of the available data.
Statements in this release that relate to management's expectations, intentions or beliefs concerning
future plans, expectations, events and performance are ``forward looking'' within the meaning of the
federal securities laws. These forward-looking statements include assumptions, beliefs and opinions
relating to the company's business and growth strategy based upon management's interpretation and
analysis of its own contractual and legal rights, of management's ability to satisfy industry and consumer
needs with its technologies, and of management's ability to successfully develop, implement, market
and/or sell its products and services, software programs, and financial transaction services, and
e-commerce systems to its clientele. Management's forward-looking statements further assume that the
company will be able to successfully develop and execute on its strategic relationships. Many known
and unknown risks, uncertainties and other factors, including general economic conditions and risk
factors detailed from time to time in news releases and the company's filings with the Securities and
Exchange Commission, may cause these forward-looking statements to be incorrect in whole or in part.
In the interest of full disclosure, the company calls the reader's attention to the fact that Herman, Alexis
& Co. Inc. was compensated in the form of 20,000 free trading shares of Meridian Holdings Inc.
common stock (18,000 shares were sold prior to the original release) and 250,000 shares of Meridian
Holdings Inc. restricted common stock under Rule 144. Herman, Alexis & Co. Inc. has been retained
by Meridian Holdings Inc. to provide financial consulting and investment banking services. Finally, there
will be a negotiable fee for mergers, acquisitions, institutional transactions or other business relationships
entered between Meridian Holdings Inc. and companies introduced by Herman, Alexis & Co. Inc.
SOURCE: Herman, Alexis & Co. Inc. |
