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SOLAR FINANCIAL SERVICES, INC. ANNOUNCES EFFECTIVENESS OF REGISTRATION STATEMENT

 SOLAR FINANCIAL SERVICES, INC. ANNOUNCES EFFECTIVENESS
 OF REGISTRATION STATEMENT
 MIAMI, March 4 /PRNewswire/ -- Solar Financial Services, Inc. (NASDAQ: SOFI) today announced that its registration statement on Form S-1 (SEC File No. 33-42474) was declared effective by the Securities and Exchange Commission on Friday, Feb. 28, 1992 at 2:15 p.m. The registration statement registers 800,000 shares of common stock underlying the company's outstanding Series B Warrants and 4,683,334 shares of common stock owned by selling security holders. Approximately 38 percent of the shares registered for selling security holders are owned by the company's president, David L. Pavsner, the sale of which shares is subject to the volume limitations of Rule 144 of the commission. The warrants are exercisable into one share of common stock at $1.00 per share.
 A prospectus describing the above offering may be obtained on written request from David L. Pavsner, president, 9501 N.W. 27 Ave., Miami, Fla. 33147.
 -0- 3/4/92
 /CONTACT: David L. Pavsner, president and chief executive officer of Solar Financial Services, Inc., 305-835-1160/
 (SOFI) CO: Solar Financial Services, Inc. ST: Florida IN: SU:


SS-JJ -- FL009 -- 5065 03/04/92 15:45 EST
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Publication:PR Newswire
Date:Mar 4, 1992
Words:196
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