Commercial Consolidators: Market Condition.Business Editors TORONTO--(BUSINESS WIRE)--April 25, 2002 Commercial Consolidators Corp. (AMEX AMEX See: American Stock Exchange :ZCC ZCC Zero Core Contribution ZCC zone of calcified cartilage ZCC Zone Compliance Coordinator (State Farm Insurance) ) (CDNX CDNX See Canadian Venture Exchange (CDNX). :CCZ) (Frankfurt:CJ9) announced here today: The Company advises that it knows of no specific reason for the recent decline in its share price and believes that at current levels the Company's shares are significantly undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. . In this regard the Company advises that its internal records, which remain subject to audit, show that the Company was profitable for the quarter ended February 28, 2002. About Commercial Consolidators Corp. Commercial Consolidators Corp. is a diversified distributor of business technologies (cellular phones and accessories, and computer hardware and software) and consumer electronics to the Americas (North, South and Central). The Company's head office is located in Toronto, Ontario. For further information, please contact investor relations at 1-800-968-1727; or visit the Company's website at http://www.commercialconsolidator.com. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved nor disapproved the information contained herein. Statements about the Company's future expectations, including future revenues and earnings, and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in 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. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion