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Coronado Capital Corp. announces the acquisitions of Alimet Inc. and Pacific Missile Systems Corp.


PLACENTIA, Calif.--(BUSINESS WIRE)--Jan. 10, 1995--Coronado Capital Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:CCAC CCAC Community College of Allegheny County (Monroeville, PA)
CCAC Community Care Access Centre
CCAC Canadian Council on Animal Care
CCAC Colorectal Cancer Association of Canada
CCAC Continuing Care Accreditation Commission
) Tuesday announced the acquisitions of Alimet Inc. and Pacific Missile Systems Corp.

Michael Taylor Michael Taylor may refer to:
  • Michael Taylor (film producer)
  • Michael Taylor (prisoner), a Missouri prison inmate on death row.
  • Michael Taylor (screenwriter), science fiction TV writer
  • Michael Taylor (stage designer), designer for In Extremis (play)
, president and chief executive officer, said that all of the companies will be located at its Placentia facility.

Alimet Inc. owns new proprietary chemistries and manufacturing technologies for the production of lightweight, superior strength aluminum-based alloys, commonly called metal matrix composites.

Pacific Missile Systems Corp. specializes in the design, machining, welding, fabricating and assembly of metal products for the commercial, aircraft, aerospace and defense markets.

As a result of these acquisitions, the company has approximately 6,500,000 shares outstanding, of which approximately 6,230,000 shares are held as restricted shares. The combined assets of the companies as of the acquisition date was approximately $2 million.

The company is traded on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 OTC Bulletin Board OTC Bulletin Board

An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.
 under the symbol "CCAC." The current quoted price is approximately $1 per share.

CONTACT: Coronado Capital Corp., Placentia
              Michael Taylor, 714/524-6400
              Fax: 714/524-6200
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 10, 1995
Words:167
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