Heritage Announces 2008 Financial Results Update
WILMINGTON, Del., May 30 /PRNewswire-FirstCall/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC) today announced that due to the magnitude of work for completing an audit covering a 3 year period, the completion date has been delayed.
The Certified Public Accountants are in the process of completing the financial audits for 2005, 2006 and 2007 and a review of the first quarter ending March 31, 2008. The financial results for the first quarter ended March 31, 2008 will be released as soon as possible. About Heritage Capital Credit Corporation The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to arrange financing for real property and commercial revenue producing assets.
Safe Harbor The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans and the ability of the auditor to finalize the financial audit, actual results may differ materially from the expectations expressed in the forward-looking statements. Contact: Rick Razzeca First Call Analyst:
CONTACT: Rick Razzeca, Investor Relations of Heritage Capital Credit
2008-05-30 16:46:35 0374026 PRNEWSWIRE
HOME || Press Release Archive || © Leigh Media Corporation || Terms of Use || Privacy Policy || Publish Your Press Release Here |