Collegiate's CEO Additional Purchases.Business Editors DALLAS--(BUSINESS WIRE)--Sept. 12, 2000 Collegiate col·le·giate adj. 1. Of, relating to, or held to resemble a college. 2. Of, for, or typical of college students. 3. Of or relating to a collegiate church. Pacific (AMEX AMEX See: American Stock Exchange :BOO) today announced that its 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. and majority shareholder, Michael Blumenfeld, has filed his third Form 4 in the past 30 days reflecting an additional 2,200 shares purchased of the Company's common stock. Mr. Blumenfeld currently owns approximately 55% of the outstanding shares. In commenting on the purchases, Mr. Blumenfeld stated, "I am a strong advocate of senior management of public companies using their personal capital to invest along side the public shareholders. If management can not show their financial support then it is most difficult to explain to others why they should." This release other than historical data consists of 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 risk and uncertainties detailed from time to time with public filings made by the Company. Actual results may vary. |
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