PDG Environmental Delays Fiscal 2007 Third Quarter Filing.- Company to Report Third Quarter Results and Host Conference Call on December 20 - PITTSBURGH -- Please replace the release with the following corrected version due to multiple revisions. Third quarter results and conference call date should read December 20 throughout release. The corrected release reads: PDG PDG Président Directeur Général (CEO) PDG Particle Data Group PDG Past District Governor PDG Parti Democratique Gabonais (Gabonese Democratic Party) PDG Product Development Group PDG Program Dependence Graph ENVIRONMENTAL DELAYS FISCAL 2007 THIRD QUARTER FILING - Company to Report Third Quarter Results and Host Conference Call on December 20 - PDG Environmental, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: PDGE PDGE Convergencia para la Democracia Social (Spanish: Democratic Party for Equatorial Guinea) ), a leading provider of environmental remediation Generally, remediation means providing a remedy, so environmental remediation deals with the removal of pollution or contaminants from environmental media such as soil, groundwater, sediment, or surface water for the general protection of human health and the environment or from a and specialty contracting services, today announced that it has filed a Form 12b-25 with the Securities and Exchange Commission for an automatic five-day extension to file its Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended October 31, 2006. The Company requires additional time to complete the restatement of the financial statements for the fiscal quarters ended April 30, 2006 and July 31, 2006. The restatement is being made to give effect to the impact of the employee fraud in the Company's Seattle office, a development the Company disclosed in a press released dated November 2, 2006. The Company intends to file its restated financial statements prior to announcing results for the fiscal 2007 third quarter on December 20. Information about the financial impact of the fraud for the fiscal 2007 first and second quarters is contained in the Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. the Company filed today. The Company will report its fiscal 2007 third quarter results on December 20, 2006 and host a conference call at 11:00 a.m. Eastern on that day. During the call, management will discuss the Company's quarterly performance and financial results. Investors are invited to dial (888) 804-7108 to participate in the call. Investors will also be able to access an encore recording of the conference call for one week by calling (800) 642-1687, conference ID# 3134332. The encore recording will be available two hours after the conference call has concluded. About PDG Environmental PDG Environmental, Inc., headquartered in Pittsburgh, PA, is a leading provider of specialty contracting services including asbestos abatement Noun 1. asbestos abatement - the removal of asbestos from a public building abatement of a nuisance, nuisance abatement - (law) the removal or termination or destruction of something that has been found to be a nuisance , mold remediation, emergency response, demolition and reconstruction to commercial, industrial and governmental clients nationwide. With over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. experience, PDG Environmental has 18 offices capable of responding to customer requirements coast to coast. For additional information, please visit www.pdge.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 under Private Securities Act of 1995: The statements contained in this release, which are not historical facts, may be deemed to contain forward-looking statements, including, but not limited to, deployment of new services, growth of customer base, and growth of service area, among other items. Actual results may differ materially from those anticipated in any forward-looking statement with regard to magnitude, timing or other factors. Deviation may result from risk and uncertainties, including, without limitation, the Company's dependence on third parties, market conditions for the sale of services, availability of capital, operational risks on contracts, and other risks and uncertainties. The Company disclaims any obligation to update information contained in any forward-looking statement. |
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