Premier Mortgage Resources Plans Move Back to OTCBB
17 January 2007 - 5:00AM
Business Wire
Premier Mortgage Resources, Inc. (OTC:PMRS), announces that it has
initiated efforts to bring its Securities and Exchange Commission
filings up-to-date and move back to the OTC Bulletin Board (OTCBB).
Premier Mortgage Resources President Corene E. Dion-King said, �We
are excited to get the company back on track through the
acquisition of Auto "V" Grooving, Inc. In addition, we have
retained new council to assist us with our goal of getting
re-listed on the OTCBB. We strongly feel that all of the pieces are
coming together as we launch Premier into a rapid growth segment in
its development.� Management of Premier Mortgage believes the
pending move back to the Over-the-Counter Bulletin Board is a
milestone in their growth and success. "With the new sales from the
establishment of numerous fabricating business units as well as the
new leasing and rental programs, we feel the transition to being a
fully reporting company is well timed for this year," said
Dion-King. Premier Mortgage Resources, Inc. was organized to act as
a holding company responsible for raising funds for United
National, Inc. and United National Mortgage, LLC. As a holding
company, Premier Mortgage Resources, Inc. provides staff functions
to its subsidiaries. The staff functions that the Company supplies
to its subsidiaries include overall management, strategic
direction, financing, legal services, accounting and related
services including cash management and budgeting, marketing and
public relations/advertising. Safe Harbor -- This press release
includes forward-looking statements that involve risks and
uncertainties, including, but not limited to, product delivery, the
management of growth, market acceptance of certain products and
other risks. These forward-looking statements are made in reliance
on the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995. For further information about these
factors that could affect Premier Mortgage Resources, Inc. future
results, please contact the Company directly. Prospective investors
are cautioned that forward-looking statements are not guarantees of
performance. Actual results may differ materially from management
expectations.
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