Beere Financial Announces Officers and Name Change.COLUMBIA, Md. -- Beere Financial Equity Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :BRFE) formerly Power Save International, Inc. (OTC:PWSV) announced it's name and trading symbol Trading symbol See: Ticker symbol change and the changing of its officers and additional director. Beere Financial Equity Corp. was the subsidiary of Power Save International, Inc., through lateral merger BFRE BFRE Besoin en Fonds de Roulement d'Exploitation (French: Working Capital Requirement for Exploitation) emerges as the survivor. Norman Birmingham is the President, Chief Executive Officer and Chairman of the Board of directors with Russell L. Smith the former President of PWSV remaining as secretary and a director and Scott Balmer as the third director. "The name change was accomplished to more accurately reflect the purpose of the company. In the coming weeks we will announce the acquisitions and financing plans that are currently being negotiated. The management is confidently looking forward to a most exciting period of growth for the remainder of this fiscal year and into 2006," Mr. Birmingham said. The company also announces the unveiling of its web site at beerefin.com. While it is currently under construction it will give the financial community and investors an easy portal for access to us. "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: The statements contained in this release that are not historical, 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 are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward- looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission." |
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