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March 23, 2005
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Public Company Management Corporation today announced that its subsidiary Go Public Today has signed a contract with CCGlassco LLC, the parent company of The Glassman, Inc. to provide SB-2 securities registration services and initiate the process to obtain an OTC BB listing for CCGlassco in exchange for a combination of cash fees and a block of shares of CCGlassco common stock. Through the SB-2 securities registration solution offered by Go Public Today, CCGlassco will be able to register the resale of securities and become a publicly traded company.
The Glassman, Inc. (TGI) was formed as a joint venture franchise operation in 1962 between Mobile Services Corporation and Ford Motor Company. TGI is a full service glass company offering turnkey solutions to commercial and residential customers. The glass market is currently dominated by corporations such as PPG Industries, Vitro Sociedad and Asahi Glass.
“The Glassman is an established company with a well established customer base. Even though the company has shown significant growth during our tenure, we understood that without a major infusion of investment capital we had no real way to realize our very aggressive goals for the continued significant growth and expansion we envision. Go Public Today presented us the best and most economical path to become a publicly traded company, giving us the possibility of tapping into the vast amount of equity capital that is only available to public companies,” says Cheryl Campbell, President of The Glassman, Inc.
“TGI has been serving its clients for over 40 years, building its reputation as a solid company with the best quality products and service. Its strategy for aggressive growth was complete albeit one important piece of the puzzle; the company lacked a sustainable source of capital. That is where Go Public Today was able to help. We offered TGI a fast, clear cut program that should have the company trading on the OTC BB within a reasonable time frame, therefore offering their potential investors an exit strategy,” states Stephen Brock, President and CEO of Public Company Management Corporation.
PUBC serves as a one-stop shop for businesses that want to quickly and cost-effectively go public and draw upon the wealth of investment capital that is available to public corporations. The company’s Pubco White Papers subsidiary focuses on educating business owners on the options available to them. PUBC’s Go Public Today subsidiary takes companies public. After a company goes public, PUBC’s Public Company Management Services subsidiary can advise the newly-public company on regulatory and compliance issues.
About CCGlassco LLC
Ohio-based CCGlassco LLC is the parent company of The Glassman, Inc. (TGI). For over 40 years the company has filled the residential and commercial glass needs of thousands of customers in the Midwest. The company provides an extensive range of products and services, such as commercial and residential glass installation and replacement, custom glass tabletops, shower enclosures and storefronts, mirrors and cultured marble. For more information on the company, please visit www.theglassman.us.
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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March 18, 2005
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Public Company Management Corporation today announced that its subsidiary Go Public Today has signed a contract with Magnate Equities Corp. (MEC) to provide SB-2 securities registration services and initiate the process to obtain an OTC BB listing for MEC in exchange for a combination of cash fees and a block of shares of MEC common stock. Through the SB-2 securities registration solution offered by Go Public Today, MEC will be able to register the resale of securities and become a publicly traded company.
Magnate Equities Corp is a real estate investment, redevelopment and management corporation. The U.S. residential real estate investment market is currently dominated by companies such as Equity Residential Management, Vornado Realty Trust, Archstone-Smith Management and Apartment Investment and Management Co.
Magnate Equities Corp. is a holding company consisting of several real estate-related businesses. The company’s businesses focus on the acquisition of select properties, asset repositioning of owned and newly acquired properties, property management and commercial mortgage brokerage services. MEC acquires properties that can be effectively renovated, built-out or converted into residential condominium projects. The company then manages and/or re-sells those completed properties. MEC will also begin acquiring shopping centers, strip malls, NNN leased properties and other income producing properties to strategically fuel its long term growth and asset appreciation.
“Magnate Equities operates in an industry that has shown steady gains for years. The company’s management team is well versed in key areas of real estate sales, management and financing. Based on its solid business plan, talented leadership and a portfolio of existing properties, we saw MEC as a great candidate to become a public corporation. Go Public Today presents this company with a fast, low cost route to the public equities market,” said Stephen Brock, President and CEO of Public Company Management Corporation.
PUBC serves as a one-stop shop for businesses that want to quickly and cost-effectively go public and draw upon the wealth of investment capital that is available to public corporations. The company’s Pubco White Papers subsidiary focuses on educating business owners on the options available to them. PUBC’s Go Public Today subsidiary takes companies public. After a company goes public, PUBC’s Public Company Management Services subsidiary can advise the newly-public company on regulatory and compliance issues.
About Magnate Equities Corp.
New York-based Magnate Equities Corporation acquires real estate assets where value can be added through repositioning, enhanced management, renovation, or condominium conversion. The company’s strength lies in its expertise and ability to evaluate investment opportunities and craft innovative and practicable solutions. Magnate Equities’ management team develops a business plan to maximize the potential of each asset acquired and then vigorously pursues the goals stated in that plan. For more information on the company, please visit www.magnateequities.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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March 15, 2005
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Public Company Management Corporation today announced that its subsidiary Go Public Today has signed a contract with MilFin, Inc. to provide SB-2 securities registration services and initiate the process to obtain an OTC BB listing for MilFin in exchange for a combination of cash fees and a block of shares of MilFin common stock. Through the SB-2 securities registration solution offered by Go Public Today, MilFin will be able to register the resale of securities and become a publicly traded company.
MilFin provides online consumer loans to members of the U.S. military. The consumer finance market is currently dominated by companies such as American Express, Fannie Mae, CIT Group and Countrywide Financial Corp.
MilFin Inc. was created by military veterans in order to better serve the consumer finance needs of the men and women serving in the U.S. military today. The company was founded on the philosophy that military personnel make huge sacrifices for their country and should have their financial needs served by a company that truly understands their individual needs. The company offers loans from $500 to $5000 with flexible terms for all ranks and branches of our active duty military, at interest rates that are comparable to most Banks, Credit Unions and other Financial Institutions.
“PUBC saw in MilFin not only a company that has the potential to benefit and grow through access to capital markets, but also a company that is doing something very important for our country’s military personnel. The founders of MilFin were soldiers themselves and understand that those in the military are often overlooked and underserved by much of the traditional consumer finance industry. Therefore we see MilFin as a provider of essential services and felt it important to offer this company a cost-effective way to go public and access the capital markets as quickly as possible,” said Stephen Brock, President and CEO of Public Company Management Corporation.
PUBC serves as a one-stop shop for businesses that want to quickly and cost-effectively go public and draw upon the wealth of investment capital that is available to public corporations. The company’s Pubco White Papers subsidiary focuses on educating business owners on the options available to them. PUBC’s Go Public Today subsidiary takes companies public. After a company goes public, PUBC’s Public Company Management Services subsidiary can advise the newly-public company on regulatory and compliance issues.
About MilFin, Inc.
MilFin, Inc. was established to provide our soldiers, sailors, airmen, and marines with convenient, cost effective financing at rates competitive with many banks, credit unions, and other financial institutions. The company was founded by current and former members of the Armed Forces who saw a need to provide an alternative to current lenders who charge higher rates and fees to our troops. MilFin prides itself in providing great customer service with low rates and fees and high approval rates even to those with less than desirable credit. For more information on MilFin, please visit www.milfin.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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March 8, 2005
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LAS VEGAS– Public Company Management Corporation (OTCBB:PUBC - News) today announced that its subsidiary Go Public Today has signed a contract with Millennium Technology to provide SB-2 securities registration services and initiate the process to obtain an OTC BB listing for Millennium in exchange for a combination of cash fees and a block of shares of Millennium Technology common stock. Through the SB-2 securities registration solution offered by Go Public Today, Millennium will be able to register the resale of securities and become a publicly traded company.
Millennium Technology (MTI) develops, manufactures and sells Magnetic Resonance Imaging (MRI) systems to the global healthcare community. The MRI market is currently dominated by companies such as General Electric (NYSE: GE - News), Toshiba, Hitachi (NYSE: HIT - News) and Philips (NYSE: PHG - News).
MTI has successfully developed Virgo, the world’s first Open “C” configuration MRI system using permanent magnet technology(xx). MTI is able to produce and sell its MRI units at a price that is making this life-saving diagnostic tool practical and available to many diagnostic clinics and small to mid-sized hospitals that might not otherwise be able to afford to offer MRI services to their patients. The company estimates that the global market for MRI technology is $3.5 billion (US) per year and the annual market in the United States is approximately $1.75 billion(x). The MRI market is growing rapidly and that growth is being fueled by physicians demanding increased access to MRI technology. In the U.S., the number of MRI diagnostic procedures is forecast to grow from 18.6 to 36.5 million procedures per year by 2009.
“Our team thoroughly researched the benefits of taking our operations public as well as costs, the routes we could take and the companies and individuals that could assist us along the way. We decided that going public was the best way for us to achieve our goal of rapidly expanding the size and reach of our company and that Go Public Today was by far the best and most cost-effective choice to guide us through the legal and regulatory maze we knew we would encounter. Go Public Today offered us the absolute easiest route to reach public status. They are handling all of the paperwork and filings leaving us to concentrate on running our company,” says Illich Cheng, CEO of Millennium Technology, Inc.
“Millennium Technology is a great example of the kind of company with solid technology, a proven track record of increasing revenues and tremendous market that can benefit from going public. We offered MTI a fast and cost-effective way to make this transition so that the company could access the capital that is available to public corporations to fuel its growth,” said Stephen Brock, President and CEO of Public Company Management Corporation.
PUBC serves as a one-stop shop for businesses that want to quickly and cost-effectively go public and draw upon the wealth of investment capital that is available to public corporations. The company’s Pubco White Papers subsidiary focuses on educating business owners on the options available to them. PUBC’s Go Public Today subsidiary takes companies public. After a company goes public, PUBC’s Public Company Management Services subsidiary can advise the newly-public company on regulatory and compliance issues.
About Millennium Technology
Richmond, B.C.-based Millennium Technology, Inc. (MTI) is dedicated to the development, manufacturing and sales of Magnetic Resonance Imaging (MRI) systems to the global healthcare community. The company has successfully developed the patented Virgo MRI system, the world’s first Open “C” configuration MRI system using permanent magnet technology(xx). MTI is prepared for the challenges of the contemporary healthcare community and is confident that the Virgo MRI system will set a global standard for excellence in the development and production of medical imaging equipment. MTI operates in a global market estimated to be worth $3.5 billion annually(x). For more information on MTI, please visit www.millennium.ca.
(x) “U.S. Scanners and Coil Market", Frost & Sullivan, 2/21/03
(xx) U.S. Patent no. 6,842, 002 B2, issued 1/11/05
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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March 3, 2005
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PUBC Retains Consulting Firm to Assist in Operations
LAS VEGAS– Public Company Management Corporation (OTCBB:PUBC - News) announced today that it has retained the services of Bold Ventures Group (BVG) and its CEO, Victoria Duff, a long-time Wall Street Institutional Investment Banking veteran of firms such as Spencer Trask, Blyth Eastman Dillon, Loeb Rhoades, Prudential Bache (NYSE: PRU - News) and Wells Fargo Treasury (NYSE: WFC - News). BVG will assist Public Company Management Corporation (PUBC) with operational logistics and Ms. Duff will assume the position of the company’s contract Chief Operating Officer. Ms. Duff’s past clients include a variety of the world’s top companies, including Citibank (NYSE: C - News), Morgan Guaranty Trust, and American Express (NYSE: AXP - News).
Ms. Duff is the founder and CEO of California-based business consulting firm, Bold Ventures Group, that specializes in new venture planning and launch for public and private companies under $500-million. Besides her business consulting and financial experience, she has established herself as an active leader in the Internet industry where she has served in leadership roles with various industry trade organizations. The combination of her experience and talents made her company a good match for PUBC and Duff an ideal candidate to fill the position of the company’s COO.
“I am delighted to be working with Public Company Management Corporation because it stands out as an island of skill and professionalism in an industry that is too often marked by inexperience and quick fixes. Stephen Brock does an outstanding job educating entrepreneurs and bringing them safely through the confusing legal and regulatory morass that leads to being a publicly traded company, and he does it at a fair and reasonable price,” Duff commented.
PUBC serves as a one-stop shop for businesses that want to quickly and cost-effectively go public and draw upon the wealth of investment capital that is available to public corporations. The company’s Pubco White Papers subsidiary focuses on educating business owners on the options available to them. PUBC’s Go Public Today subsidiary takes companies public. After a company goes public, PUBC’s Public Company Management Services subsidiary can advise the newly-public company on regulatory and compliance issues.
Ms. Duff’s duties as COO at PUBC will include a combination of internal and external operations. She will oversee some client-related activities, such as the filing of SB-2 registration statements. She will also work to manage some aspects of the company’s securities, financing, accounting and collections procedures, its joint ventures and acquisition strategies as well as assist in the marketing of the company.
“Victoria Duff has the perfect combination of financial, technical, management and networking skills necessary to lead many of the day-to-day operations of a rapidly growing company such as ours. She possesses keen insight into the financial side of this business, while also understanding the needs of burgeoning companies that are poised to make the jump to the public markets. We are very excited to have her as the latest addition to our top-flight team,” says Stephen Brock, CEO of Public Company Management Corporation.
One of the first executive women on Wall Street, Ms. Duff spent 20 years as an Institutional Bond Broker. She has occupied several C-level positions with her client companies over the years, and also served as Vice President and Asset/Liability Manager at Eureka Federal Savings, where she played a key role in the post-deregulation reorganization of the institution. She currently serves on the Boards of Directors of the prestigious Digital Coast Roundtable, the CEO Council and America’s Baby Cancer Foundation, among others; and on the Advisory Boards of several public and private companies. Ms. Duff is a well-known speaker and writer on business topics, having written columns for Developments Magazine, the Digital Coast Reporter, @association and la vox; and currently runs the Bold Ventures Business Discussion List on YahooGroups. Ms. Duff earned her Bachelor’s Degree in public administration from the University of California, Berkeley.
About Bold Ventures Group
Bold Ventures is a unique gathering of highly experienced entrepreneurs who plan, facilitate and launch new companies and new divisions for Bold Ventures clients. The company’s services include the broad range of analysis, strategic advisory, formulation and documentation of the business plan, and hands-on implementation toward helping a company or new corporate division go from planning through execution stage, to launch. Ms. Duff benefits her clients through her reputation for outstanding work based on real-world experience at the highest levels of Wall Street investment banking and corporate finance as well as through her active involvement in small business issues.
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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March 2, 2005
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LAS VEGAS–(BUSINESS WIRE)–March 2, 2005–Public Company Management Corporation (OTCBB:PUBC - News) announced today that its CEO, Stephen Brock is among the executives being featured in online interviews this week on WallStreetReporter.com. Also featured today are executives from Mindspeed Technologies Inc. (NASDAQ:MSPD - News), Phazar Corp. (NASDAQ:ANTP - News), Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI - News) and Agnico-Eagle Mines Limited (NYSE:AEM - News).
In the interview, Mr. Brock discusses the history and evolution of Public Company Management Corporation (PUBC), its mission, services, the experience of its leaders, what makes the company unique in its industry and its outlook for the future.
“Public Company Management Corporation strives first and foremost to educate the executives of private companies about all of the issues that they will encounter should they decide to go public. We think it is extremely important that everyone contemplating undergoing the process understand what it takes to go public and what will be expected of them once they get there. Running a public corporation has tremendous benefits, but to be successful takes a lot of effort as well as the support of a team of professionals that understand the industry and government regulations. That is where the seasoned team of professionals at PUBC can help provide an up and coming, newly public company the edge it needs to make it to the next level,” stated Stephen Brock, CEO of Public Company Management Corporation.
To hear the complete interview with Wallstreetreporter.com, visit http://www.wallstreetreporter.com/profiles/PUBLICCOMPANYMANAGEMENT.html.
About WallStreetReporter.com
When the first issue of Wall Street Reporter appeared in 1843, it was the only newspaper exclusively devoted to the financial business. Nearly 150 years after that, we took an equally bold step into the network age by becoming the first website to regularly interview CEOs and other high-ranking corporate officials. Each day we interview 40-60 CEOs of leading public companies and selected private companies. Our in-depth, unbiased, unscripted interviews deliver a first hand perspective that enables investors to make intelligent and informed investment decisions.
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– Public Company Management Corporation (OTCBB:PUBC - News) announced today that its Go Public Today “GPT” division has reinstated its contract with Terrax, Inc., to prepare Terrax for listing on the OTCBB stock market. In addition, Terrax will enter into a compliance contract with the company’s compliance division, Public Company Management Services “PCMS".
“We are happy to be working with Terrax again and glad to have past misunderstandings resolved,” stated PUBC Chief Executive Officer Stephen Brock. “We look forward to helping bring this very promising company to market,” added Brock.
Under the terms of the settlement between the two companies, the 500,000 shares previously issued to GPT have been declared fully paid and non-assessable. Payment of the balance of the previously-negotiated contract will be made to GPT following a capital raise once Terrax is trading on the Pink Sheets. Once GPT ensures that Terrax has begun trading on the OTCBB, PCMS will manage the company’s compliance for an additional combination of cash and Terrax common stock.
“Public Company Management Corporation’s business model is designed to provide a full compliment of services to growing companies from the time they first consider whether or not going public makes sense for them to long after they have become publicly traded,” stated Stephen Brock, CEO of Public Company Management Corporation. Our relationship with Terrax is a good example of how one of our divisions will help them to go public and then another division will step in and support the company’s long-term compliance needs as a public entity. This fits nicely with our ultimate goal, which is to boost shareholder equity through a growing client base, expanded service offerings and higher revenues,” adds Brock.
The company would also like to issue the following correction:
The company’s press release “PUBC realizes 78% return on property sale", issued on Feb. 23, 2005, included inaccurate information. According to the press release, PUBC’s trailing twelve months EPS was $0.146. This is inaccurate. The correct information is as follows:
“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 9.9, 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.
About Terrax, Inc.
Terrax is a development stage company providing business application and e-commerce software for cross-border trade. The company, which has special logistics arrangements with industry leaders such as A&A Contract Custom Brokers Ltd. and Federal Express (NYSE: FDX - News), specializes in software applications for businesses acting as US exporters. Its Internet-based products incorporate technology for US and Canada cross-border logistics and low cost shipping options. Through its consulting services group, Terrax provides business solutions designed to integrate its branded WeNetShip applications into e-commerce portals at medium- to large-scale businesses.
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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