American Bank Announces Approval of Listing on NASDAQ Small Cap Market.Business Editors/Banking Writers ALLENTOWN, Pa.--(BUSINESS WIRE)--March 18, 2002 American Bank Incorporated (AMBK), the parent company of American Bank, today announced that it has been approved for listing of its common stock and warrants on the 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 Small Cap Market. Trading of American Bank Incorporated stock and warrants on the NASDAQ Small Cap Market began on Friday, March 15, 2002. The common stock and warrants will be traded under the symbols AMBK and AMBKW, respectively. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Mark Jaindl stated, "We are very pleased that our stock and warrants have been approved for listing on the NASDAQ Small Cap Market. This listing reflects our commitment to future growth and success as it will allow us to take advantage of the benefits that go along with listing on the NASDAQ Small Cap market, including enhanced visibility which may result in greater liquidity." "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements in this press release regarding American Bank's business which are not historical facts, including expectations regarding future financial results, are "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " that involve risks and uncertainties which could cause actual results to differ materially from such statements. |
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