Centennial First Financial Services Announces Plans to Offer Common Stock; www.redcent.com.Business Editors REDLANDS, Calif.--(BUSINESS WIRE)--Feb. 3, 2003 Centennial First Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CFFX) today announced that it plans to file a registration statement with the Securities and Exchange Commission to cover the offering of 225,000 shares of its common stock. Centennial First Financial Services said it would use the net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). from the offering, which is expected to be completed in the third quarter of 2002, for general working capital purposes. The offering will be made only by means of a prospectus. 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. that reflect management's current views of future events and operations. These forward-looking statements are based on information currently available to the company as of the date of this release. It is important to note that these forward-looking statements are not guarantees of future performance and involve risks and uncertainties including, but not limited to, the ability of the company to implement its strategy and expand its lending operations. Additional information is available on the Internet at www.redcent.com or by contacting Beth Sanders San´ders n. 1. An old name of sandalwood, now applied only to the red sandalwood. See under Sandalwood. , Executive Vice President and Chief Financial Officer at beths@redcent.com. |
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