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[QUOTE]Originally posted by lilpennypincher: [QB] CALI Holdings Inc. Announces Gulf Coast Records and Music Choice Partner at CMA Festival 6/7/05 new york, Fla., Jun 07, 2005 (BUSINESS WIRE) -- CALI Holdings, Inc. ("Company" or "CALI") (OTCBB:CALI), today announced that Music Choice will partner with Gulf Coast Records at CMA Festival June 9th through the 12th. Gulf Coast is a portfolio company of CALI. Glenn Cummings (Gulf Coast Records) recently filmed a performance for The Music Choice Network in New York City. The performance included Glenn's new single, "Good Old Days," as well as other tracks from his album, Big. "Good Old Days" can be heard on Music Choice's Today's Country. Music Choice is a popular network of music featured on digital cable and satellite television, broadband and cell phones and is available to 38 million households. Each channel features a different genre of music. Music Choice is also partnering up with Glenn Cummings during the CMA Music Festival in Nashville June 9th thru June 12th where the video footage of his performance will be showcased in the Gulf Coast Records booth at the festival. John Hendricks, Director, Country/Eclectic Programming, Music Choice stated: "Glenn stopped by our studios in NYC and performed an acoustic set which included his hot new single, 'Good Old Days.' Video footage of his performance will be featured at this year's CMA Music Festival. Music Choice will also make the video footage available to millions of music fans through its new broadband music service and through Music Choice On Demand. Glenn is a talented artist with an amazing stage presence. Music Choice is excited to showcase Glenn's music at the CMA Music Festival and on our music network." James Jenkins, CEO, CALI Holdings stated: "We are very excited to have Music Choice partner up with Glenn Cummings. It is clear that we have an artist who is breaking into this very competitive business and Music Choice has played a key role." Gulf Coast records will make available 5 passes per concert for investor relations (which include but are not limited to: any stockholders, investors or corporate sponsors) who would like to see Glenn perform live on any of his upcoming concerts. Please email Glenn's management on his website, http://www.gccountry.com. Gulf Coast records will try and accommodate all requests. About CALI Holdings Inc. CALI Holdings Inc., is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries. http://www.caliholdings.com Safe Harbor The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. SOURCE: CALI Holdings Inc. -------------------------------------------------------------------------------- Growth Company CALI Holdings, Inc. Announces it has Signed an Engagement Agreement With John W. Loofbourrow Associates, Inc. Wednesday June 8, 4:05 pm ET new york, Fla.--(BUSINESS WIRE)--June 8, 2005--CALI Holdings, Inc. ("Company" or "CALI") (OTCBB:CALI - News), announced today that John W. Loofbourrow Associates, Inc. ("Loofbourrow") has been retained by CALI Holdings, Inc. ("CALI" or the "Buyer"), to serve as CALI's exclusive financial advisor and placement agent in connection with CALI's previously announced acquisition of a southwest regional general contractor engaged in site utility construction. John W. Loofbourrow Associates, Inc. is a Private Investment Banking Firm, Member HASD, SPIC, MSRB located in New York, NY. Loofbourrow has placed more than $2 billion in both taxable and tax-exempt bond financing since its inception in 1980. Please visit http://www.loofinc.com James Jenkins, CEO of CALI stated: "We're very excited that Loofbourrow Associates has accepted the engagement to help place the financing for the proposed transaction. The principals of CALI have previous relations with Loofbourrow in a successful raise of $51.5M in a securitization transaction." About CALI Holdings Inc. CALI Holdings Inc. is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries. http://www.caliholdings.com -------------------------------------------------------------------------------- Growth Company CALI Holdings, Inc. Announces 4 Month Financial Results for Site Utility Firm under Letter of Intent 6/14/05 new york, Fla., Jun 14, 2005 -- CALI Holdings, Inc. ("Company" or "CALI") (OTCBB:CALI), announced today the financial results for its current underground utility acquisition candidate for the four months ending April 30, 2005. The underground utility firm's first four months revenue are $12.9M with an adjusted EBITDA of $563,809. The firm is currently on track for revenues of approximately $35M for fiscal 2005 with an adjusted EBITDA of approximately $2.8M. It was previously disclosed that the firm had forecasted approximately $30M in revenue with an adjusted EBITDA of approximately $2.6M. The firm has a current backlog of approximately $26M. James Jenkins, CEO of CALI Holdings stated, "Management is happy with the financial results and anticipate the acquisition candidate will hit the previously announced forecasted numbers. CALI is currently performing its due diligence and will keep the investment community informed as we move forward." About CALI Holdings Inc. CALI Holdings Inc., is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries. http://www.caliholdings.com [/QB][/QUOTE]
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