CreditRiskMonitor Receives Initial Bond for $900,000 to Stay Execution.VALLEY COTTAGE COTTAGE, estates. A small dwelling house. See 1 Tho. Co. Litt. 216; Sheph. Touchst. 94; 2 Bouv. Inst. n. 1571, note. 2. The grant of a cottage, it is said, passes a small dwelling-house, which has no land belonging to it. Shep. To. 94. , N.Y. -- CreditRiskMonitor.com, Inc. (Symbol: CRMZ) announced today that Global Credit Services, Inc. ("Global ") has submitted a bond in the amount of $900,000 to stay execution on the judgment by CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. . If the appeal is not subsequently filed or the decision is sustained on appeal, the bond is payable to CRM. There will be shortly a hearing to determine the exact amount of legal fees and costs to be awarded CRM (as previously reported, CRM estimates this amount to be approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. $850,000). CreditRiskMonitor.com is an Internet-based financial information analysis and news service designed for corporate credit professionals, whose web site is www.crmz.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: Certain statements in this press release, including statements prefaced by the words "anticipates", "estimates", "believes", "expects" or words of similar meaning, constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of 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. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, expectations or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, including, among others, those risks, uncertainties and factors referenced from time to time as "risk factors" or otherwise in the Company's Registration Statements or Securities and Exchange Commission Reports. |
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