COMPOSITE HOLDINGS INC. Receives Exchange Offer From NATVAN INC.Business Editors LAS VEGAS--(BUSINESS WIRE)--June 11, 2003 COMPOSITE HOLDINGS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (COMPOSITE) (Symbol: COHIA), announced today that COMPOSITE HOLDINGS INC. ("COMPOSITE") shareholders have received an offer from NATVAN INC. (NATVAN) (Symbol: NTVN NTVN Nederlands Tijdschrift Voor Natuurkunde ), a Pink Sheet company, to exchange one share of NATVAN common stock for each share of COMPOSITE common stock submitted pursuant to their offer. COMPOSITE shareholders of record are requested to read the dated letter of offer from NATVAN carefully and, should they choose to accept the offer, they are requested to comply with all instructions completely. The letter of offer and acceptance Standard Department of Defense form on which the US Government documents its offer to transfer to a foreign government or international organization US defense articles and services via foreign military sales pursuant to the Arms Export Control Act. Also called LOA. See also foreign military sales. form is being mailed to COMPOSITE shareholders of record concurrently with this press release. NATVAN and COMPOSITE recently entered into a royalty agreement pursuant to which NATVAN will seek U.S. certification of the patented Z MIX owned by COMPOSITE. Z MIX is a lightweight, fireproof building material for use in affordable fireproof fire·proof adj. Impervious or resistant to damage by fire. tr.v. fire·proofed, fire·proof·ing, fire·proofs To make fireproof. Verb 1. and earthquake-proof housing. NATVAN will seek U.S. certification of the Z MIX material for use in the construction of affordable, fireproof and earthquake-proof housing. 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: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition. |
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