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ROBERT-MARK FILES FORM 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION

 ROBERT-MARK FILES FORM 15 CERTIFICATION
 AND NOTICE OF TERMINATION OF REGISTRATION
 HOPEWELL JUNCTION, N.Y., May 12 /PRNewswire/ -- Robert-Mark, Inc. (OTC: RMKA) announced today that it has filed a Form 15 Certification and Notice of Termination of Registration with the Securities and Exchange Commission in order to terminate the registration of its Class A common stock and redeemable Class A common stock purchase warrants under the Securities Exchange Act of 1934. As a result of the de- registration, the company's obligations to file quarterly, annual and other reports with the Commission will be immediately suspended. In addition, de-registration may have an adverse effect on the liquidity of the market for the common stock and warrants.
 The company also announced that its wholly owned subsidiary, Robert- Mark Insurance Agency, Inc., has entered into an agreement to sell substantially all of its assets to Louis Ritter Agency (no relation to Mark Ritter) for $130,000, payable over the next three months. As a result of the sale, the company will exit the insurance brokerage business. Substantially all of the funds received will be applied to reduce debt, including the company's loan with Chemical Bank, and certain other past due payables.
 -0- 5/12/92
 /CONTACT: Mark Ritter, chairman of Robert-Mark, Inc., 914-221-3800/
 (RMKA) CO: Robert-Mark, Inc. ST: New York IN: SU:


PS-DB -- NY091 -- 9288 05/12/92 16:08 EDT
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Publication:PR Newswire
Date:May 12, 1992
Words:228
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