CHAMPION Communication Services, Inc. Refiles its December 31, 2005 and December 31, 2006 Financial Statements, MD&A and Certifi
27 March 2008 - 4:25AM
Marketwired
THE WOODLANDS, TEXAS (NEX: CHP.H)(OTCBB: CCMS) announced that at
the request of the Ontario Securities Commission, it has refiled
its audited financial statements (the "Statements') and Managements
Discussion and Analysis ("MD&A") for the years ended December
31, 2005 and December 31, 2006, and the CEO and CFO Certificates
(the "Certificates") in respect of its annual filings for the years
ended December 31, 2005 and December 31, 2006. The refiling of the
Statements, MD&A and Certificates was necessary as the auditor
of the Statements was not a member of the Canadian Public
Accountability Board at the time the Statements were prepared.
CHAMPION is a publicly owned company which trades on NEX (CHP.H)
and U.S. Over the Counter Bulletin Board (CCMS.OB) and is a leader
in wireless UHF trunked two-way communications.
As of February 28, 2008 there were 4,665,842 shares of the
Company's common stock, $0.01 par value outstanding.
Please note that this press release contains forward-looking
statements, which are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. Except for
historical information, the matters discussed in this press release
are subject to certain risks and uncertainties that could cause the
actual results to differ materially from those projected. Factors
that could cause actual results to differ materially include, but
are not limited to, the following: the Federal Communications
Commission granting the requested license transfers; fluctuations
in the Company's tower rental expenses; inventory and loan
balances; competition; acquisition and expansion risk; liquidity
and capital requirements; government regulation; the Company's
ability to acquire and sell spectrum; and other factors listed from
time to time in the Company's SEC reports.
Contacts: CHAMPION Communication Services, Inc. Mr. Albert F.
Richmond Chief Executive Officer 1-800-614-6500 (281) 364-1603
(FAX)
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