Western Oil & Petroleum Distributors, Inc. Retains PMR and Associates to Assist in Financial Public Relations and Increase Exposure Within the Investor Community.KIRKLAND, Wash.--(BUSINESS WIRE)--March 2, 1999--PMR and Associates has been engaged by Western Oil to implement a newly developed, aggressive growth strategy plan for Western Oil & Tire Distributors, Inc. Western Oil & Tire Distributors, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:WOTD WOTD Word of the Day WOTD write only, top down (algorithm) WOTD Walking Out the Door WOTD Website of the Day ) announced today that it has retained the services of the financial consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a PMR PMR 1 Percutaneous myocardial revascularization, see there 2 Perinatal mortality rate 3 Polymyalgia rheumatica 4 Proportionate mortality ratio, see there and Associates of Encinitas, CA. PMR and Associates provides consulting services to private and public companies in areas ranging from corporate finance, acquisitions business development to investor relations Investor relations The process by which the corporation communicates with its investors. . Under the leadership of Patrick M. Rost, PMR has developed a track record in creating shareholder value for numerous Nasdaq and OTC clients by integrating a broad range of services into the corporate strategy of its client companies, Rost is a graduate of the Catholic University of America Catholic University of America, at Washington, D.C.; the national university of the Roman Catholic Church in the United States; coeducational; founded 1887 and opened 1889. Columbus School of Law The Columbus School of Law is the law school of The Catholic University of America in Washington, D.C. It was established in 1897. Today the school is home to hundreds of students from across the nation and from all walks of life. in Washington, D.C., and Notre Dame London Law Centre, Concannon School of International Law and Finance. He has previously served on the board of directors of several organizations, including the American Liver Foundation The American Liver Foundation (ALF) is a non-profit organization that promotes liver health and disease prevention. ALF provides research, education and advocacy for those affected by hepatitis and other liver diseases. The ALF has 26 chapters across the U.S. (San Diego Chapter) and the Scripps Memorial Hospital Cancer Center Annual Fund Raising Event. "I am extremely excited about the prospects of working with Pat Rost and his company. Pat brings a wealth of finance industry experience that will directly benefit the shareholders of WOTD," stated Patrick Charles, 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 WOTD. Further, Charles said that "Mr. Rost will help the company in several significant ways to successfully implement its development plan." "WOTD has an experienced management team and has a business development plan that should be extremely successful," stated Rost. A highlight of this plan is the company's intention to add to the board of directors and to the operating management team successful owner/operators of relevant industry businesses. Rost's investor relation credentials and contacts will provide outstanding exposure to the financial markets through his extensive network of contacts with investment bankers, brokerage houses, industry analysts, institutional investors and industry forums. "We anticipate a very successful relationship with PMR," concluded Charles. About the Company WOTD's growth strategy is based on targeting opportunities arising from the current popularity of growth by acquisition and consolidation, ("Roll-up") of existing operating businesses. The appeal of the roll-up concept by the financial markets is much greater than was envisioned when the plan for WOTD was developed. The company's original plan was targeted at the Petroleum Distribution and Tire Retail and Wholesale industries. WOTD is in the process of re-aligning its corporate structure with an updated plan to broaden the targeted industry base beyond the Petroleum and Tire businesses. Further information will be forthcoming regarding the revisions to the WOTD business plan. This release contains forward-looking statements with respect to the results of operations and business of the company that involves risk and uncertainties. The company's actual future results could materially differ from those discussed. Risks and uncertainties of the company will be detailed from time to time in the company's periodic reports. |
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