Cedric Kushner Promotions, Inc. Announces Settlement with the SEC.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Cedric Kushner Kush·ner , Tony Born 1956. American playwright who was awarded a Pulitzer Prize for Millennium Approaches (1992), the first part of his trilogy Angels in America: A Gay Fantasia on National Themes. Promotions, Inc. (Company) (PK: CKPI) announced today that it has entered into a settlement with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission (SEC) of a civil action brought by the SEC on March 24, 2004. The United States District Court United States District Court In the U.S., any of the 94 trial courts of general jurisdiction in the federal judicial system. Each state, as well as the District of Columbia and the Commonwealth of Puerto Rico, has at least one federal district court. for the Southern District of New York (Court) entered final judgment confirming the settlement on this matter on December 1, 2005. In a related matter, the Court entered final judgment confirming the settlement between the SEC and Cedric Kushner individually on November 30, 2005. The Company has filed a form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. today detailing the terms of the settlement and Court orders. "We are pleased to announce this settlement," commented a Company spokesperson, "and look forward to continuing building our business for our shareholders." About Cedric Kushner Promotions, Inc. CKP CKP Checkpoint CKP Crankshaft Position CKP Chandraseniya Kayastha Prabhu (caste of Maharastra, India) CKP Chris Key Players (band) CKP Concept Knowledge Processing promotes world-class professional boxers boxers Boxer shorts Reproductive medicine A type of undergarment that leaves the “guys” swinging in the breeze; according to popular culture, sperm quality and successful insemination ↑ dramatically with prolonged use thereof. Cf Briefs. . In addition to its promotional activities, CKP produces and syndicates boxing programming for distribution worldwide. A steady program supplier to the world's leading television networks, the company promotes events televised worldwide. Forward Looking Statements This release contains 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. within the meaning of Section 27A of the Securities Exchange Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," plan," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of such terms, or other comparable terminology. These statements are only predictions. Actual events or results may differ materially from those forward-looking statements as a result of various important factors, including those described in the Company's most recent filings with the SEC. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. The business and operations of the Company are subject to substantial risks which increase the uncertainty inherent in forward-looking statements. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. |
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