PRVH - Gewinner - Tread - 2005
ralph kabot :: zeitgeist :: mediengestalt
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Wertpapier: PROVIDENTIAL HOLDINGS I |
ralph kabot :: zeitgeist :: mediengestalt
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| Boardmail an "tafkar" |
Wertpapier: PROVIDENTIAL HOLDINGS I |
PR Newswire - April 15, 2005 12:09
LOS ANGELES, April 15, 2005 /PRNewswire-FirstCall via COMTEX/ -- Providential Holdings, Inc. (OTC Bulletin Board: PRVH; Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions, announced today that the Company has terminated its equity line of credit agreement with Southridge Capital Management, dated February 15, 2005.
Henry Fahman, chief executive officer of Providential Holdings, stated, "The termination of the equity line of credit is a strategic move to engage alternative funding options, which will better position the Company to execute its robust domestic and international business model."
About Providential Holdings, Inc.
Providential Holdings (www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, precision cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high- growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
SOURCE Providential Holdings, Inc.
Rick McCaffrey, Investor Relations of OTC Financial Network, +1-781-444-6100, ext.
625, rick@otcfn.com, for Providential Holdings, Inc.; or Henry Fahman of Providentia
Holdings, Inc., +1-714-843-5450, ext. 5455, info@phiglobal.com
"that the Company has entered into an agreement to receive financing for up to $10 million from Southridge Capital Management LLC. and the funds it advises."
Wo sind jetzt die 10 Mio. für die Finanzausstattung geblieben?
Und dann immer diese Firmenbeschreibung: Providential Holdings, Inc. (OTC Bulletin Board: PRVH; Berlin and Frankfurt Stock Exchanges: PR7, WKN 935160), a provider of international advisory services specializing in mergers and acquisitions". Bis man da durch ist, ist die News schon wieder alt...
(Erinnert mich an die langen Titel in den Nachrichten der DDR: "Heute traf der Staatsraatsvorsitzende, Mitglied des Zentralkommitees der SED, Vorsitzender des Freundeskreises der Komsomolzen der UdssR und leitendes Mitglied im Verein für proletarische Hühnerzucht Willi Stopgh den (es folgt ein Titel eines Russen in ähnlicher Länge)..." Da hatte man auch schon abgeschaltet, bevor die Nachricht kam. Und meistens war die dann eh absolut unwichtig. Wie eben bei prvh auch...)
Gruß BarCode
WEDNESDAY, APRIL 20, 2005 1:30 AM
LOS ANGELES, April 20, 2005 /PRNewswire-FirstCall via COMTEX/ -- Providential Holdings, Inc. (PRVH) , a provider of international advisory services specializing in mergers and acquisitions, announced today that the Company has extended the stock dividend record date for the payment of special dividends in Irvine College of Medical Sciences.
* The original record date was August 31, 2004; the company has extended
the record date to May 6, 2005.
* The payment date will be May 31, 2005 and the stock transfer agent will
mail the shares as soon as possible after the payment date without any
action being necessary on the part of the shareholder of record.
The ratio of the distribution will be as follows: the Company will distribute 15% of Irvine College of Medical Sciences, DBA Atlantis Career College, common stock as a special dividend on a pro-rata basis to PRVH shareholders of record as of May 6, 2005.
Henry Fahman, chairman and chief executive officer of Providential Holdings, stated, "Irvine College of Medical Sciences will start filing the necessary documents with the appropriate regulatory agencies to become a fully-reporting publicly-traded company. The College is currently approved to provide educational programs in medical-related fields, including Ultrasound Technology, MRI, Medical Assistant, Pharmacy Tech, Pharmaceutical Sales, Registered Nurse, NCLEX, Professional Child Care, and curricula in information technology such as 3-D Animation and Network certifications."
About Providential Holdings, Inc.
Providential Holdings (http://www.phiglobal.com) and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, precision cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high- growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
For more information, contact:
OTC Financial Network Providential Holdings, Inc.
Rick McCaffrey, Investor Relations Henry Fahman
781-444-6100 x625 714-843-5450 x5455
rick@otcfn.com info@phiglobal.com
http://www.otcfn.com/prvh http://www.phiglobal.com
SOURCE Providential Holdings, Inc.
Rick McCaffrey, Investor Relations of OTC Financial Network, +1-781-444-6100, ext.
625, rick@otcfn.com; or Henry Fahman of Providential Holdings, Inc., +1-714-843-5450
ext. 5455, info@phiglobal.com
Leider existiert bei ATC wohl kein operatives Geschäft, aber das is doch kein Grund den Laden nich an die OTC zu bringen, schließlich haben die meisten Firmen dort kein ordentliches Geschäft.
Will einfach nur den Kram aus dem Depot haben, auch wenns nur paar Euros bringt.