Greater Northwest Research and Development Group Inc. Announces Election of New Directors and Adoption of Aggressive New Business Plan.Business Editors LAS VEGAS--(BUSINESS WIRE)--Jan. 30., 2002 Greater Northwest Research and Development Group Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). Pink Sheets: GNRD) Wednesday announced that shareholders have elected three new board members to fill current vacancies, and have adopted resolutions enacting aggressive plans to become an industry leader in the field of entertainment. Three newly elected members of the board of directors include: Tom Becker (CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and chairman), Howell Benjamin III, and Gary Adwar, Esq. The company plans, and is actively searching, to fill more vacancies on the board in the near future. Becker commented, "We are excited about the future of this company. We are right now considering potential acquisitions in the Southwest Region of the country that will help position GNRD as a top-notch leader in media production. If all goes well, we should have more good news for you soon." Greater Northwest Research and Development Group Inc. is a Florida development stage company. The company is focused on becoming an industry leader in the entertainment industry by acquiring interest in state-of-the-art broadcast (TV and film) facilities, audio recording/sound stage facilities, and artist management contracts. The company's stock is currently traded on the OTC Pink Sheets under the symbol GNRD. The company is expected to soon file a Form 10sb with the Securities and Exchange Commission in compliance with NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). Rule 6530 to enable its stock to be eligible for trading on the 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. . In conjunction with the provisions of the 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. section 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, this news release may contain forward-looking statements pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to future anticipated projected plans, performances and developments, as well as other statements relating future operations. All such forward-looking statements are necessarily only estimates of future results, and there can be no assurance that actual results will not materially differ from expectation. Further information on potential factors that could affect Greater Northwest Research and Development Group Inc. is included in the company's Form 211 on file with the NASD. Interested persons are encouraged to contact a licensed securities broker or call the company directly at 702/948-5015. |
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