DentlCare Management completes $3.5 million reorganization; Will apply for NASDAQ listing.TULSA, Okla.--(BUSINESS WIRE)--June 27, 1996--DentlCare Management Inc. (DCMI DCMI Dublin Core Metadata Initiative (Online Computer Library Center) DCMI Disclosure of Classified Military Information ) has just completed reorganization of its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. DentureCare Services Inc. The Bankruptcy Court for the Northern District of Oklahoma Wednesday approved the company's plan in which 100% of the subsidiary's creditor claims, of approximately $3.5 million were satisfied. "As a result of the reorganization, the company now has the requisite tangible assets and equity, approximately $4 million assets and $3.8 million equity, to be listed 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 ," according to John C. Edwards John Cummins Edwards (June 24, 1804 - October 14, 1888) was the Governor of Missouri from 1844 to 1848. He belonged to the Democratic Party. He was born in Frankfort, Kentucky and died in Stockton, California. , president. DCMI anticipates filing its form 10-SB and NASDAQ application within the next two weeks. DCMI, through its wholly owned subsidiaries, manages the administrative activities of dental clinics. Currently the company operates in Oklahoma and Nevada. CONTACT: Bennett & Co. Laura Bennett, 407/425-6040 or Tony Sandelier, 407/865-9433 |
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