To: bkcraun who wrote (11080 ) 5/19/1999 10:18:00 AM From: Jeffrey D Read Replies (2) | Respond to of 13776
CCGI news. Jeff << ComTech Files With SEC to Become Fully Reporting HOUSTON, May 19 /PRNewswire/ -- ComTech Consolidation Group Inc. (OTC Bulletin Board: CCGI) today announced that the company has filed a Form 10 application electronically with the Securities and Exchange Commission. Once effective, ComTech will be a fully reporting company under SEC regulations. After achieving this milestone in the continuing development of ComTech, Company CEO Mr. Winfred Fields said, "Becoming a fully reporting company has been our top priority since taking over in April. With the Form 10 now filed, our management team can focus on implementing our internal growth strategy and moving ComTech forward." Company CFO Mr. Joel Flowers commented, "Our new management team is committed to enhancing shareholder value. With the Form 10 now filed our investors can be assured that ComTech will remain listed on the OTCBB. As we move forward, ComTech will apply for a listing on a major US stock exchange as soon as possible. We are currently reviewing the listing requirements of both the Nasdaq and American Stock Exchanges." About ComTech Consolidation Group ComTech Consolidation is comprised of four operating subsidiaries, UDI Capital Group, EISP Capital group, NMSI Capital Group, Inc., and Asset Funding Group, Inc., all Nevada corporations. EISP Capital Group develops and markets enhances Internet services, i.e., video teleconferencing and faxing which are bundled with standard Internet services. UDI, headquartered in Houston, operates specialized health care centers located in Texas and Louisiana. NMSI is a Medical Service Organization (MSO) that owns and manages physician practices, lab and diagnostic centers, home health care agencies, and an integrated health marketing company, all in the greater Houston area. Asset Funding Group, Inc. was formed for the purpose providing asset based funding to CCGI Companies. According to plan, it will remain as a ComTech operating subsidiary providing ongoing asset based funding to CCGI companies, as well as other credit-worthy clients. Statements regarding financial matters in this press release other than historical facts are "forward looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the company's future expectations including future revenues and earnings, and all other forward looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results. SOURCE ComTech Consolidation Group Inc. CO: ComTech Consolidation Group Inc. ST: Texas IN: HEA TLS SU: 05/19/99 09:00 EDT prnewswire.com >>