All-Comm Media Corp. comments on stock price drop.CULVER CITY Culver City, city (1990 pop. 38,793), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1917. It is a center of the U.S. motion-picture industry, whose roots in the city date to c.1915. Its chief manufactures are rubber products and computers. , Calif.--(BUSINESS WIRE)--Sept. 7, 1995--Barry Peters, chairman of All-Comm Media Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ALCM ALCM air launched cruise missile (US DoD) ALCM Association of Lutheran Church Musicians ALCM Associate in Loss Control Management (insurance) ALCM Associated Landscape Contractors of Massachusetts ) said today that the company knows of no fundamental reason for the recent fall in price of the company's common shares from $5.25 on Aug. 31, to $3.625 Bid at yesterday's close. "We know of no fundamental reason for the unexpected price drop. We are proceeding on a profitable track with our operations and on course with our announced plans to acquire additional direct marketing companies. We see strong signs of encouragement for our strategy to provide single source, integrated, direct marketing and media services. "We are very confident about our markets and our future. We are simply a relatively new company to the investment community." All-Comm Media Corp. is a direct marketing and media services company with current interests in telemarketing and telefundraising for the arts, educational and other tax-exempt organizations. It recently changed its corporate name to reflect the company's new management and business strategy, along with a one-for-four reverse split of its common shares to position its stock for a listing on NASDAQ's National Market System. CONTACT: All-Comm Media Corp., Culver City Barry Peters Barrance William Peters is a short story writer, sportswriter, and teacher. He has been published in Sudden Fiction (Continued) (60 New Short-Short Stories) (ISBN 0-393-31342-5) and Teaching Writing from a Writer's Point of View , William Savage, 310/342-2800 or Coffin KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association , Sherman Oaks, Calif. William F. Coffin, John Muir, 818/789-0100 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion