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Commercial Consolidators Corp.: Corporate Update.


Business Editors

TORONTO--(BUSINESS WIRE)--Sept. 30, 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) 
) (FRANKFURT:CJ9), ("ZCC" or the "Company") announces the following:

1. The interim receiver, Richter & Partners Inc. ("Richter"), was discharged as interim receiver of those subsidiaries of ZCC over which it was appointed the interim receiver on September 18, 2002, with the exception of Tri-Vu Interactive Corp. ("Tri-Vu"). Richter expects to be discharged as the interim receiver of Tri-Vu during the week of September 30, 2002. Richter continues to act as the interim receiver of ZCC. ZCC continues to work with MFI MFI Microfinance Institution
MFI Money Flow Index
MFI Melt Flow Index
MFI Median Family Income
MFI Malaria Foundation International
MFI Massachusetts Family Institute
MFI Multi-port Fuel Injection (automobile) 
 Export Finance Inc. and Richter in an effort to restructure the Company.

2. Subject to restructuring, ZCC intends to seek approval for the continued listing of the restructured company with the American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 (AMEX) by filing the required pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
 business plan and its Annual Report with the SEC.

COMMERCIAL CONSOLIDATORS CORP.

PETER COOK, Vice President

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.
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Publication:Business Wire
Geographic Code:1CANA
Date:Sep 30, 2002
Words:253
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