Core Solutions - Right on Schedule.Business Editors LOS ANGELES--(BUSINESS WIRE)--Feb. 5, 2003 Core Solutions, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CSUO) announced today that in response to numerous inquiries received over the past week, the company wishes to confirm that it is on schedule to file its year-end and first quarter filings on the Securities and Exchange Commission's EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. system, and does not anticipate needing an extension. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. SEC guidelines, "A company must file its quarterly reports on Form 10-Q Form 10-Q See 10-Q. within 45 days after the end of each of its first three fiscal quarters. It must file its annual reports on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. within 90 days after the end of its fiscal year." As a result, the company expects to have its fiscal year ending December 31, 2002 10-K filed by March 31, 2003, and the first quarter 10-Q for 2003 filed on or before May 15, 2003. About Core Solutions, Inc. Core Solutions, Inc. is a technology-based human resource consulting Services Provided Human Resource Consulting firms provides advice to their clients regarding the financial and retirement security, health, productivity, and employment relationships of their global workforce. firm. Headquartered in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Core Solutions offers a comprehensive selection of integrated solutions for the management and administration of human resource needs to clients nationwide. By aggregating the workforces of multiple clients, the Company delivers a full spectrum of human resource solutions to small and mid-sized businesses that are timely, valuable and extremely cost effective for its clients and their employees. For more information, visit http://www.corehr.com. The statements contained in this press release that are not historical facts are forward-looking statements that involve a number of risks and uncertainties. Therefore, the actual results of future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Among the factors that could cause actual results to differ materially are: (i) regulatory and tax developments; (ii) the effectiveness of the Company's sales and marketing efforts; (iii) changes in the competitive environment of the industry; (iv) changes in general economic conditions; (v) changes in the Company's direct costs and operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. ; (vi) the estimated costs and effectiveness of capital projects and investments in technology and infrastructure; (vii) Management's ability to effectively implement its business strategy. These factors are described in further detail in Core Solutions, Inc. filings with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion