Comanche Energy, Inc. Retains Advisor.Business Editors TULSA, Okla.--(BUSINESS WIRE)--Feb. 27, 2001 Comanche Energy, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets:CMCY) today announced that it has retained John R. Bailey, principal of Berkshire Capital Partners, Inc., to assist the Company. Mr. Bailey stated, "I am honored to be given the opportunity to assist the management and Board of Comanche in moving the Company to the next level." Mr. Bailey's background includes over 25 years as an investment banker Investment Banker A person representing a financial institution that is in the business of raising capital for corporations and municipalities. Notes: An investment banker may not accept deposits or make commercial loans. with firms such as Kidder, Peabody and Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. before forming Berkshire Capital Partners. Mr. Bailey has also been an executive at several public and private companies, primarily engaged in capital funding and mergers and acquisitions. Chairman and Chief Executive Officer Mr. James Borem commented: "We are pleased that an advisor with Mr. Bailey's credentials is engaged to assist Comanche as we move through this period. In addition, with his background as an investment banker and executive with both public and private companies, Mr. Bailey's advice will be of invaluable assistance." The statements included in this news release concerning management's plans and objectives constitute 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. made pursuant to the 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. provision 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. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Reports to Shareholders; down turns in the Company's primary markets; disruptions to the Company's operations from acts of God or extended maintenance; and production and transportation. |
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