CAMBRIDGE UPDATES STOCK ACTIVITY.CALGARY, Alberta--(BUSINESS WIRE)--May 12, 1995--CAMBRIDGE ENVIRONMENTAL (VSE See DOS/VSE. VSE - Virtual Storage Extended :CVY/O.T.C. 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 BULLETIN BOARD:CNVSF) CAMBRIDGE ENVIRONMENTAL SYSTEMS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . announces that it has withdrawn the issuance of 437,367 common shares of the Company, as announced in its news release of January 26, 1995. The Company failed to receive approval from the Alberta Securities Commission which would have allowed the shares to trade in Alberta where the Company is a reporting issuer. The Company intends to proceed immediately with a new securities issue, subject to regulatory approvals. Cambridge is pleased to announce that its Marwayne oily waste processing facility began receiving shipments on May 10, 1995, following an extended period during which shipments were delayed due to load restrictions on local roads. The backlog Backlog The total value of sales orders waiting to be fulfilled. Notes: This figure is used mainly in the manufacturing industry. Increases or decreases in a company's backlog indicate the future direction of sales and earnings. of confirmed orders will support record volumes of business for the remainder of this fiscal year. Installation of additional facilities for the processing of much larger volumes of oily waste has begun and is proceeding on schedule. -0- Note To Editors: THE VANCOUVER STOCK EXCHANGE Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENTS OF THIS NEWS RELEASE. CONTACT: Cambridge Environmental Frank W. King, 403/269-2492 403/263-1587 (Fax) |
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