Comprehensive HealthCare Solutions Announces That the 'E' Will Be Removed from Trading Symbol.YONKERS, N.Y. -- Comprehensive HealthCare Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CMHS CMHS Center for Mental Health Services CMHS Community Mental Health Services CMHS Cabell Midland High School (West Virginia) CMHS Costa Mesa High School CMHS Cheyenne Mountain High School (Colorado Springs, CO) ) is pleased to announce it has received correspondence from the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). that the "E" will be removed from its trading symbol Trading symbol See: Ticker symbol as of the opening of business, Wednesday, April 6, 2005. John Treglia, Chairman & 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. of CMHS, acknowledged the removal of the "E" with the following statement, "CMHS recently engaged a new auditing firm which is registered with the Public Accountant Oversight Board (PCAOB PCAOB Public Company Accounting Oversight Board ) to audit its most recent 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. and to review its recent quarterly filings. This firm assisted the Company in expediting the amended filings which resulted in the removal of the "E" from our symbol." Mr. Treglia further states, "Now that this matter is behind us, we intend, over the next few weeks, to update the investment community on the many positive business events that have occurred in the recent past." CMHS has accelerated the marketing of their discount benefit cards to many large client groups, including municipal government agencies. The specifics of these developments will be announced in the near future. Forward-Looking Statements 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 provides a "safe harbor" for forward-looking statements. This press release contains forward-looking statements regarding the intent, belief or current expectations of the Company and members of its senior management team. While the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that would cause actual results to differ materially from those contemplated within this press release include but are not limited to, those associated with general business conditions; client concentration; dependence on network providers; the timely and efficient implementation of customer contracts; developments in health care reform and other regulatory issues and changes in laws and regulations in key states where the Company operates; future capitol needs; control by directors and officers; and the loss of key management personnel. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements contained herein to reflect events or circumstances occurring after the date of this release or to reflect the occurrence of unanticipated events. |
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