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 : CSCA (Cassco Capital Corp.) -- Ignore unavailable to you. Want to Upgrade?

To: LANCE B who wrote (183)	12/10/1998 2:11:00 PM
From: OFW	Read Replies (1) \| Respond to of 410

HOUSTON--(BUSINESS WIRE)--December 10, 1998--As of Sept. 23, 1998, a new board was elected by a special stockholders meeting. The new CEO of Cassco (CSCA-BB) is James A. Glameyer of Tomball, Texas. Barclay A. Ridge was reelected as vice-president. Mollie A. Childs was elected to the board and as secretary. Since taking office, Glameyer has focused on cutting costs and maximizing revenue. In addition, the Trico Oil & Gas Inc. wholly owned subsidiary continues to search for undervalued oil and gas properties that have the potential for significant improvement in production and development of new wells under the direction of Glameyer. Glameyer has served on other boards and is an outstanding member of the Tomball, Texas community and Cassco is fortunate that he lends his many years of experience to Cassco. Mollie A. Childs is a practicing attorney. Her legal experience is invaluable to Cassco and the Trico subsidiary. The new board is working to strengthen the company in every aspect and looks at the collapse in oil and gas prices as a great opportunity to increase production and reserves at highly reduced acquisition costs. In addition, Cassco has contracted with Milan Capital Group Inc. to handle their new investor relations campaign and raise a significant amount of funds for working capital. Milan Capital Group is a multi faceted firm specializing in "undiscovered gems" in the market place. The corporate headquarters have been moved to Houston, Texas. The contact telephone number is 713/942-2160. Safe Harbor Disclaimer: This release may contain forward looking statements that involve risk and uncertainties including, without limitation, mentioned acceptance of the company's dependence on financing, third party suppliers and intellectual property rights, and other risk detailed from time to time in the company's federal filing, annual reports, offering memorandum, or prospectus. --30--cf/ny* CONTACT: Milan Capital Group 516/393-5135 www.milancapital.com