Correcting Day of Week in Golden Systems Inc. Release.Please note: This release corrects and replaces the previous version, BW0185, issued earlier Thursday. In the first graf, second line should read xxx Thursday urged (sted Wednesday). SIMI VALLEY Simi Valley (sē`mē, sĭm`ē), city (1990 pop. 100,217), Ventura co., SW Calif. in an oil, fruit, and farm region; laid out 1887, inc. 1969. , Calif.--(BUSINESS WIRE)--March 18, 1999--Golden Systems Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:GLDN) Thursday urged caution in the trading of its shares. The company reminded stockholders and potential stockholders that its financial condition has made it late in filing its periodic reports with the Securities and Exchange Commission. In addition, Golden Systems has made no public statements since Oct. 9, 1998, when it announced the hiring of Farber & Hass LLP LLP - Lower Layer Protocol as its auditors for the fiscal year ended March 31, 1998. That audit has not been completed and no periodic reports have been filed covering any periods after the quarter ended Dec. 31, 1997. There recently has been an increased level of discussion about Golden Systems in a few Internet locations that may be the cause of a significant increase in trading activity and a run up in the price of Golden Systems' common stock. Golden Systems cautions its stockholders and potential stockholders, and securities dealers and agents, that any reportedly new information about Golden Systems has not come from Golden Systems nor has it been approved or endorsed by Golden Systems. The unusual action in issuing this release is prompted by a desire by Golden Systems to avoid seeing its stockholders or its stock abused through inefficiencies in the trading market under the special circumstances special circumstances n. in criminal cases, particularly homicides, actions of the accused or the situation under which the crime was committed for which state statutes allow or require imposition of a more severe punishment. of there being no current financial or operational information available regarding Golden Systems. Golden Systems designs, manufactures and markets switch mode power supplies for OEMs of electronic equipment and distributors. The company has located all of its manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. in export processing zones in India and has engineering staff in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and India. Golden Systems has headquarters in Simi Valley, 40 miles north of 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. . |
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