Collectible Concepts Form 10-SB to Go Effective.Business Editors DOYLESTOWN, Pa.--(BUSINESS WIRE)--July 21, 2000 The form 10-SB filed by Collectible Concepts Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CCGR CCGR Center for Computer Games Research CCGR Concentric Conductor with Ground Removed ) on May 24, 2000 will become effective on Sunday, July 23, elevating the company to reporting status under the Securities and Exchange Act of 1934. Collectible Concepts chairman and chief executive officer Paul S. Lipschutz said that with the effectiveness, the company is now in a position to apply for trading on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . "We are currently addressing the comments issued by the Securities and Exchange Commission on our filing. When we have addressed them to the satisfaction of the agency, we will then apply for trading on the OTC Bulletin Board." Lipschutz also said under the terms of rule 144, no sales of the Company's stock under rule 144 are permitted for 90 days after the effective date of the 10-SB. Headquartered in historic Doylestown, Bucks County, Pennsylvania Bucks County is a county located in the U.S. state of Pennsylvania. As of 2000, the population was 597,635. A 2004 U.S. Census estimate placed the population at 621,342, making it the fourth most populous county in Pennsylvania, after Philadelphia, Allegheny, and Montgomery , Collectible Concepts Group, Inc. develops and markets licensed collectible merchandise in the entertainment and sports industries. See Collectible Concept Group's corporate website for more information: www.collectibleconcepts.com. CCGR stock quotes can be found on www.bloomberg.com. Statements about the company's future expectations, including future revenues and earnings, and the ability of management to respond to comments from regulatory authorities and all other statements in this press release other than historical facts are "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 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. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results could differ materially from expected results. |
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