CFI Mortgage, Inc., Files Form 12B-25 As Profitability Continues for the Second Consecutive Quarter.Business Editors CLEARWATER, Fla.--(BUSINESS WIRE)--April 2, 2001 CFI CFI abbr. cost, freight, and insurance Mortgage, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CFIM CFIM Center for Integrative Medicine (New Hampshire) CFIM Chloroform Fumigation Incubation Method ) announced today that it has filed Form 12B-25 with the Securities and Exchange Commission noting that there were issues regarding a former executive, which needed to be properly and thoroughly reviewed before the Company was prepared to issue its financial statements. The Company expects that its annual 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. will be filed sometime next week. Stephen E. Williams, Chairman 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. of CFI, stated "The turnaround of CFI, which was evident in the profit from operations in the third quarter continued in the fourth quarter of year 2000. Although we had to file Form 12B-25 due to our auditor's scheduling conflicts and issues regarding a former executive, we are proud of the fact that we will show a profit from operations for the second consecutive quarter." Williams added, "It has been my mission to grow the business both diversely and profitably and I believe that our 10KSB will show our shareholders that we are accomplishing our goals and fulfilling our promises." CFI provides mortgage services through a large network of mortgage brokers and financial professionals. CFI's goal, through acquisition and internal growth, is to be a diversified leader creating custom software that provides technology-based business solutions for the national and international marketplace, as well as a leader in the mortgage industry. For more information on CFIM please visit the Company web site at www.cfiinc.com or that of Responsive Research at www.responsiveresearch.com where you can subscribe, free of charge, to its mailing list An automated e-mail system on the Internet, which is maintained by subject matter. There are thousands of such lists that reach millions of individuals and businesses. New users generally subscribe by sending an e-mail with the word "subscribe" in it and subsequently receive all new for press releases, investor updates and market letters, which will keep you apprised of all late breaking CFIM news. This release may contain 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. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks. |
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