Monogram Pictures, Inc. Signs Offer to Purchase Agreement to Acquire HarDee Manufacturing Co., Inc.Business Editors CLEARWATER, Fla.--(BUSINESS WIRE)--April 18, 2001 Steven Swank, 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. of Monogram monogram [Gr.,=single letter], symbol of a name or names, consisting typically of a letter or several letters worked together. A famous monogram is that of Christ, consisting of X (chi) and P (rho), the first two letters of Christ in Greek. Pictures, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MOPX MOPX Mobility Planning and Execution System ) announced today the signing of an Offer to Purchase Agreement to acquire HarDee Manufacturing Co., Inc. of Plant City, Florida Plant City is a city in Hillsborough County, Florida, approximately midway between Brandon and Lakeland along Interstate 4. The population was 29,915 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 30,906 [1]. . HarDee Manufacturing Co., Inc. consists of three operating divisions engaged in the manufacturing and sales of truck mounted dump bodies, semi dump trailers and liftable truck suspensions. The divisions include HarDee Manufacturing in Plant City, Florida (bodies and trailers), EZ Ride Suspensions also in Plant City, Florida (liftable auxiliary suspensions), and Twin States Equipment Co., located in Columbia, South Carolina Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819[1]. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County. (a retail outlet retail outlet n → punto de venta retail outlet n → point m de vente retail outlet retail n → of heavy duty trucking equipment). The principle customers of the company are government agencies, truck dealers, dump fleets, and owner operators in the southeast 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. . HarDee has been in business since 1954. The acquisition consists of 10.5 acres of land, 70,000 square feet of manufacturing space in three buildings, 8250 square feet in another building containing warehouse space and a paint facility, and two buildings of approximately 3500 total square feet containing administrative offices. Twin States Equipment Co. in Columbia, South Carolina is leased property consisting of a 15,000 square foot service building with an additional 1500 square feet of office space. Sales in calendar year 2000 approached $7 million and sales for 2001 are currently projected the same as 2000. If the offer is accepted, it is expected that the acquisition will be completed within 30 - 45 days. Safe Harbour Statement This release contains forward looking statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the development of the Company's products and services and future operation results, including statements regarding the Company that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words "believe", "expect", "anticipate", "intend", variations of such words, and similar expressions identify forward looking statements, but their absence does not mean that the statement is not forward looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company's actual results include the progress and costs of the development of products and services and timing of the market acceptance of those products and services. A more detailed description of certain factors that could affect actual results include those factors discussed in the Company's filings with the United States Securities and Exchange Commission, including its annual report the Form 10-KSB and quarterly reports on Form 10-QSB for the period ended September 30, 2000. Monogram Pictures, Inc. undertakes no obligation to update publicly any forward looking statements to reflect new information, events, or circumstances after the date of this release or to reflect new information, events or circumstances of unanticipated events. Readers are cautioned not to put undue reliance on the forward-looking statements, which speak only as of the date of this release. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events, or for any other reason. |
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