Beneficial Holdings Appoints Independent Public Accountants;
Investor Relations Firm
MONTVALE, N.J., Jan. 31, 2013 /PRNewswire/ -- Beneficial
Holdings Inc. (OTCPK: BFHJ) today announced the appointment of GBH
CPAs, PC of Houston, TX as the
Company's independent public accountants and has engaged them to
perform an examination of the Company's financial statements for
the years ended December 31, 2011 and
2012. Additionally, the Company has appointed Greg McAndrews & Associates of Alexandria, VA as the Company's investor
relations
firm.
Gregory N. Senkevitch, Chairman,
President and Chief Executive Officer, stated: "These two
professional firms will assist us in our corporate governance and
assurance functions. The appointment of GBH and McAndrews is
an integral part of plans to establish a solid footing for our
company," he said.
ABOUT BENEFICIAL HOLDINGS, INC.
Beneficial Holdings, Inc. is a holding company seeking to
acquire and invest in operating service-oriented businesses in the
real estate, financial services and energy management
sectors. For more information on the Company please visit our
web site at www.beneficial-holdings.net.
FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. As a
general matter, forward-looking statements reflect our current
expectations and projections relating to our financial condition,
results of operations, plans, objectives, future performance and
business. These statements may be identified by the use of
forward-looking terminology such as "may", "will", "expects",
"plans", "estimates", "anticipates", "projects", "intends",
"believes", "outlook" and similar expressions.
The forward-looking statements contained in this news release
are based upon our historical performance, current plans,
estimates, expectations and other factors we believe are
appropriate under the circumstances. The inclusion of this
forward-looking information is inherently subject to risks and
uncertainties, many of which cannot be predicted with accuracy and
some of which might not even be anticipated future events and
actual results, financial and otherwise, may differ materially from
the results discussed in the forward-looking statements.
Statements regarding the following subjects, among others, may be
forward-looking: our business and investment strategy; our
projected operating results; estimates relating to our ability to
make distributions to our stockholders in the future and economic
trends and economic recoveries.
All information in this release is as of January 31, 2013. The Company does not
undertake a duty to update forward-looking statements, including
its projected operating results.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
news release. The Company may, in its discretion, provide
information in future public announcements regarding its outlook
that may be of interest to the investment community.
CONTACT:
GREG McANDREWS & ASSOCIATES
Gregory A. McAndrews
(310) 804-7037
greg@gregmcandrews.com
SOURCE Beneficial Holdings Inc.