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February 23, 2005
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Company to use proceeds to launch major public relations campaign
LAS VEGAS– Public Company Management Corporation (OTCBB:PUBC - News) announced that it has completed the sale of one of its Las Vegas real estate holdings for $315,000. The property was purchased in January 2003 for $177,000, returning $138,000, or 78%, in just two years.
“We plan to use the proceeds from this real estate transaction, which is completely unrelated to our core business, to launch a public relations campaign. This campaign is being designed to dramatically increase our visibility to many more potential clients as well as a much larger segment of the general public and the investment community. This interactive public relations campaign should help us continue to grow our customer base and hopefully, boost shareholder value through a truer valuation,” says Stephen Brock, Chief Executive Officer of Public Company Management Corporation.
“Our trailing twelve month (ttm) revenues are $0.146 per share, and our ttm Earnings Per Share (EPS) is $0.094.* With the current stock price of $0.93 per share, our Price/Earnings ratio is only 6.3, compared to the S&P 500 average of 20.81. We understand a fair valuation in the marketplace requires educating the investment community on our business model, financial performance and future plans. This is exactly what we intend to do,” continues Brock.
*Please note that the original release stated in error that the ttm EPS was $0.146. The numbers above are correct, and a correction was issued in the March 2 release, “PUBC Reinstates Contract to Take Terrax Public". It was a calculation error, not a material change.
About Public Company Management Corporation
PCMC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PCMC supports the full lifecycle of entering the public market through its various subsidiaries:
Education
Pubco White Papers hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing
Go Public Today provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance
Public Company Management Services assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PCMC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Contact:
Public Company Management Corporation
Stephen Brock, President/CEO
(702) 222-9076
info@PublicCompanyManagement.com
www.PublicCompanyManagement.com
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company’s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
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February 18, 2005
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Total income climbs to $1.1 million - quarterly net income increases to $351,389 - or $0.02 per share
LAS VEGAS– Public Company Management Corporation (OTC BB:PUBC) announced that revenues for the quarter ending 12/31/04 increased 270% or by $296,284, from $109,708 to $405,992, compared to the corresponding period previous year.
The increase is revenue was attributable to both higher client activity and the receipt of additional Healthcare Business Services Group, Inc. (OTCBB:HBSV -News), formerly Winfield Financial Group, shares for additional services beyond the original contract agreement. PUBC had total other income of $726,460, as compared with a net expense of $25,787, or an increase of $775,346. $742,256 of this difference was from unrealized holding gains on customer stocks held during the quarter.
PUBC’s selling, general and administrative expenses ("SG&A") increased $420,710, from $166,892 to $587,602. This increase was mainly attributable to approximately $250,000 incurred on research reports, earning calls, audited financials, and public relations.
PUBC had net income of $351,389 for the first quarter of 2005 compared to a net loss of $89,984 during the corresponding period previous year. The increase in net income is mainly attributable to increases in unrealized gain on holding securities.
According to Stephen Brock, Chief Executive Officer of PUBC, “The outstanding quarterly performance substantially exceeded our public guidance and Spelman Research’s published expectations. This quarter lays the groundwork for demonstrating that PUBC is executing its business plan with a balanced top line and realized/unrealized portfolio gains platform. Our deal flow has recently been extremely robust and we have a healthy backlog of business going into this next quarter. We will release our FYE05 revenue estimates within a week.”
PUBLIC COMPANY MANAGEMENT CORPORATION
CONSOLIDATED STATEMENTS OF OPERATIONS
3-Month Periods Ended December 31, 2004 and 2003
(Unaudited)
2004 2003
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Revenue $ 405,992 $ 109,708
Selling, general & administrative 587,602 166,892
Depreciation and amortization 12,442 7,013
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Total operating expenses 600,044 173,905
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Net income (loss) from operations (194,052) (64,197)
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Other income and (expense)
Interest expense (11,121) (1,733)
Interest income 6,464 8
Realized gain on sale of securities 101,324 88,401
Unrealized gain (loss) on holding securities 629,793 (112,463)
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Total other income and (expense) 726,460 (25,787)
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Net income (loss) before income taxes 532,408 (89,984)
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Deferred income tax (benefit) 181,019 -
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NET INCOME (LOSS) $ 351,389 $ (89,984)
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Basic and diluted loss per share $.02 $(.01)
Weighted average shares outstanding 21,065,730 15,731,274
Last week, PUBC announced it had retained Hawkwood Capital Partners to spearhead the company’s strategic alliance initiatives. Scott Carroll, principal of Hawkwood Capital Partners and a veteran of Merrill Lynch (NYSE:MER - News) and Citicorp Mortgage (NYSE:C - News), will manage the business development initiative program.
The company also filed an amended report on Form 8-K to report adjustments to audited financial statements that were previously filed. Certain errors were uncovered resulting in an understatement of previously reported net income and an overstatement of previously reported paid in capital as of September 30, 2004. For more information see SEC filings at www.sec.gov.
About Public Company Management Corporation
PCMC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PCMC supports the full lifecycle of entering the public market through its various subsidiaries:
Education
Pubco White Papers hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing
Go Public Today provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance
Public Company Management Services assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PCMC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Contact:
Public Company Management Corporation
Stephen Brock, President/CEO
(702) 222-9076
info@PublicCompanyManagement.com
www.PublicCompanyManagement.com
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company’s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
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February 9, 2005
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LAS VEGAS – Public Company Management Corporation (OTCBB:PUBC) today announced it has retained Hawkwood Capital Partners to spearhead the company’s strategic alliance initiatives. Scott Carroll, principal of Hawkwood Capital Partners and a veteran of Merrill Lynch (NYSE:MER - News), Citicorp Mortgage (NYSE:C - News) and Amerihealth, Inc., will manage the business development initiative program.
PUBC believes that most small and medium-sized businesses are unaware of the fact that they could go public quickly and inexpensively without having to go through a costly and time-consuming Initial Public Offering (IPO). The company’s services offer the small and medium-sized companies fast, cost-effective ways to go public and draw upon the wealth of investment capital that is available to public corporations. Hawkwood Capital Partners will focus on developing powerful marketing alliances with compatible companies to create new business opportunities for PUBC.
“There are literally thousands of private businesses that could potentially tap into the capital available for public companies. PUBC serves as a one-stop shop for businesses that want to take advantage of public capital markets. Our Pubco White Papers subsidiary (www.pubcowhitepapers.com) focuses on educating business owners on the options available to them. If a company decides to go public, it can utilize the services of our Go Public Today subsidiary (www.gopublictoday.com). And, after the company goes public, we can continue advising them on the regulatory and compliance issues through our Public Company Management Services, Inc. subsidiary (www.pcms-team.com),” explains Stephen Brock, Chief Executive Officer of PUBC.
Taking companies public is a multi-billion dollar industry. Disclosed global stock and bond related underwriting fees reached $14.4 billion in 2003. PUBC believes these underwriting fees indicate that traditional IPOs are prohibitively expensive for most companies, and that only a fraction of companies can actually qualify for or ever hope to achieve them.
“We offer a unique, direct and lower cost alternative to going public. However, going public through a reverse listing or by filing the appropriate documents with the Securities and Exchange Commission can be a highly complex procedure. We explain it to our clients in plain English and manage the process for them. Hawkwood Capital Partners could be very instrumental in helping us establish strategic alliances with companies that could benefit from our services, thus growing our portfolio of clients even faster,” says Brock.
PUBC’s revenue model is based on an equity-based fee structure. This benefits both the company’s clients, and PUBC and its shareholders. An equity-based compensation minimizes the cash requirements for the company’s clients and increases PUBC’s commitment to its client’s success. This can also maximize shareholder value as successful projects potentially increase the value of the client company’s shares in PUBC’s investment portfolio.
For the nine months ending September 30, 2004 PUBC reported a total income of $2,544,812 with an EPS of $0.08. The company’s revenues and net income increased by 328% and 2,184%, respectively, compared to the full 12-month fiscal year 2003 figure, making an annualized percentage increase even higher.
About Public Company Management Corporation
PCMC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PCMC supports the full lifecycle of entering the public market through its various subsidiaries:
Education
Pubco White Papers hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing
Go Public Today provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance
Public Company Management Services assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PCMC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Contact:
Public Company Management Corporation
Stephen Brock, President/CEO
(702) 222-9076
info@PublicCompanyManagement.com
www.PublicCompanyManagement.com
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company’s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
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February 4, 2005
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LAS VEGAS - Public Company Management Corporation (OTC BB:PUBC) today announced it has retained Hawkwood Capital Partners to spearhead the company’s strategic alliance program and initiatives. Hawkwood Capital Partners will be charged with pursuing and developing alliances with peer companies to create new business opportunities and build market awareness for PCMC. Scott Carroll, principal of Hawkwood Capital Partners, will oversee the project.
Mr. Carroll has managed Hawkwood Capital Partners since early 2002. During the past three years, he has focused on building and managing strategic alliance relationships, with C-Level management at, for and between public companies, investment banks, trade groups, associations and web portals and sites. He has also produced, managed and distributed financial and investment conferences/events/forums under private label and co-branded format for Investrend Research and has authored and distributed news releases, surveys, research, financial content, news and information to, broker-dealer’s, portals, sites and online aggregators. Prior to founding Hawkwood, Mr. Carroll was the Director of Business Development for Investor Broadcast Network, the parent company of Vcall which is now owned by World Investor Link (WILink), where he identified and managed strategic relationships with top brokers, portals and sites as well as built content syndication package and pricing. His background also includes various business development, financial advisory, and sales positions for Merrill Lynch, Crosswalk.com, Essex National Securities, Inc., Amerihealth, Inc., and Citicorp Mortgage.
“This initiative is instrumental to the overall success of our business model and it’s critical that we devote the resources and energy to properly execute,'’ noted Stephen Brock, CEO of PCMC. “Mr. Carroll’s proven experience and success in building mutually beneficial strategic relationships and partnerships bodes well for PCMC and our shareholders. We are confident that identifying and solidifying the right strategic alliances will yield an increased client and revenue base, create avenues for new incremental revenue opportunities, and create market and investor awareness for PCMC.'’
About Public Company Management Corporation
PCMC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PCMC supports the full lifecycle of entering the public market through its various subsidiaries:
Education
Pubco White Papers hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing
Go Public Today provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance
Public Company Management Services assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PCMC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Contact:
Public Company Management Corporation
Stephen Brock, President/CEO
(702) 222-9076
info@PublicCompanyManagement.com
www.PublicCompanyManagement.com
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company’s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
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LAS VEGAS, NV – Public Company Management Corporation (OTC BB: PUBC) today announced that its subsidiary Go Public Today has signed a contract with Nasutra LLC to provide SB-2 securities registration services and initiate the process to obtain an OTC BB listing for Nasutra in exchange for a combination of cash fees and a block of shares of Nasutra LLC common stock. Through the SB-2 securities registration solution offered by Go Public Today, Nasutra will be able to register the resale of securities and become a publicly traded company.
Nasutra is an all-natural herbal supplement for male sexual performance enhancement. In clinical trials, Nasutra was shown to be better than 91% effective in helping men achieve full, strong erections and successfully engage in sexual intercourse. Nasutra has an extremely low side-effect profile and does not affect blood pressure. The formula is Patent Pending in the United States.
Nasutra is distributed nationally by Europa Sports Products, the nation’s largest distributor of nutritional supplements. In addition to a growing number of GNC accounts, the company recently received an order from Terrible Herbst for their 81 Las Vegas convenience stores. Nasutra is also being carried in The Palms Casino Hotel, Hard Rock Hotel & Casino, and other prestigious outlets.
Nasutra LLC intends to develop a complete line of sexual performance and complimentary products for men and women building on the Nasutra brand, including their herbal supplement for female libido enhancement which is complete and ready for distribution.
“With our planned expansion into new product lines and new distribution outlets, we wanted a sustainable supply of capital, not just a one-time infusion,” said Nasutra CEO Ira Josephs. “We also wanted a way to make an investment in our company easily accessible to our customers, suppliers, friends and family – all the people who believe in our company and our product as much as we do.”
“After considering the various options, the smart business decision was to go with Go Public Today’s program,” said Josephs, who holds an MBA from Babson College. “They provided us a turnkey solution that allows us to continue to focus on growing our business rather than tying up all our resources with the complexities of going public. Also, the ability to pay a substantial portion of the fees in stock was very attractive, as it minimized our cash outlay and gave us a strong sense of Go Public Today’s commitment to our success.”
“Nasutra has assembled a great team and has a very solid business plan,” said Stephen Brock, President and CEO of PCMC. “This is exactly the kind of small business that is an ideal candidate for the OTC BB. I look forward to working with them to support their growth by taking their company public.”
About Nasutra LLC
Nasutra LLC is the exclusive distributor of Nasutra brand herbal supplements in the United States. Its goal is to establish Nasutra as the first and only truly effective all-natural alternative for male sexual performance enhancement. The company has seen rapid revenue growth since Nasutra was introduced to the market in October 2004. Nasutra will be featured in an infomercial as well as a national direct response radio campaign in the coming months.
Contact:
Ira Josephs, CEO
Nasutra LLC
310.496.3737
info@nasutra.com
www.Nasutra.com
About Public Company Management Corporation
PCMC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PCMC supports the full lifecycle of entering the public market through its various subsidiaries:
Education
Pubco White Papers hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing
Go Public Today provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance
Public Company Management Services assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PCMC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Contact:
Public Company Management Corporation
Stephen Brock, President/CEO
(702) 222-9076
info@PublicCompanyManagement.com
www.PublicCompanyManagement.com
Safe Harbor
This press release contains or may contain forward-looking statements such as statements regarding the Company’s growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.
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February 1, 2005
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LAS VEGAS, Feb. 1, 2005 – Public Company Management Corporation (OTC BB:PUBC.OB) has announced that Jeffrey Adduci has joined the company’s advisory board.
Mr. Adduci served as President of National Investment Banking Association (NIBA) and in other executive roles at NIBA and its predecessor organizations for sixteen years. He became recognized as the representative voice of America’s small business capital formation marketplace championing the need to provide America’s emerging companies with a vital and healthy small issuer market. As a result of these efforts, and his continued advocacy on behalf of this most critical of market segments, and its multiple related constituencies, Mr. Adduci has been a frequent featured speaker and panelist at industry forums sponsored by the SEC, NASD, NASAA, NASDAQ, and the SIA. In addition, Mr. Adduci has served on NASDAQ’s OTC Advisory and BBX committees, and has been a member of the Board of Directors of The Small Business Administration’s (SBA) Regulatory Fairness Program. He is recognized as an authority in the areas of capital formation for America’s emerging companies, America’s regional brokerage and investment banking firms, and of the regulatory oversight and policies governing this market segment.
“Adduci’s reputation and experience in this industry will be a tremendous asset to our company,'’ stated Stephen Brock, CEO and President of Public Company Management Corporation. “He has long been a champion of the cause around which we have built our business – making capital accessible to small business.'’
“Capitalizing America’s small-to-medium enterprises is singularly the most pressing economic issue confronting America as these companies not only are the primary engines fueling new job growth but also are the principal innovators of goods and services in a rapidly changing marketplace, both domestically and globally,'’ said Adduci. “A key part of that is the creation of an infrastructure of quality service providers like PCMC to help small companies access the public capital markets. I look forward to working with them to develop and execute their strategy and strengthen their industry relationships.'’
Prior to joining the financial services industry in 1988, Mr. Adduci held teaching positions on the secondary and university levels and worked in the fields of theatre administration and arts management. He holds a masters degree in Theatre Arts from Northern Illinois University and is a published playwright. He now serves as President of art4love Incorporated (www.art4love.com) and remains active in the performing arts providing pro-bono consulting services to theatre and dance companies in the areas of fundraising, grantsmanship, and business development.
About Public Company Management Corporation
PCMC helps business owners create liquidity for investors and long-term value for their companies, shareholders and partners by participating in public capital markets. PCMC supports the full lifecycle of entering the public market through its various subsidiaries:
Education
Pubco White Papers hosts a comprehensive body of knowledge on private and public equity markets.
Registration and listing
Go Public Today provides a complete solution to help small companies register securities for public offerings and obtain a listing on the OTCBB.
Regulatory compliance
Public Company Management Services assists new and existing public companies in negotiating the new complexities of maintaining a public company and creating sustainable and affordable compliance processes.
PCMC leads by example, demonstrating to current and future clients best practices in taking a company public, investor relations, public relations, regulatory compliance, and raising capital.
Contact:
Public Company Management Corporation
Stephen Brock, President/CEO
(702) 222-9076
info@PublicCompanyManagement.com
www.PublicCompanyManagement.com
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