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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