Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Micro Penny Stocks, Penny Stocks $0.10 & Under
»
NEXH
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is not enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by dalton05: [QB] News for 'NEXH' - (Nexia Reports Release of Lien) SALT LAKE CITY, Jun 21, 2006 (BUSINESS WIRE) -- Nexia Holdings Inc. (OTCBB: NEXH) announced that its subsidiary Wasatch Capital Corp., the owner of the Wallace Bennett Building, located on 100 South in downtown Salt Lake City, has received a complete Release of Lien, which releases the claims of Hallmark Construction & Development LLC, in the amount of $94,541, for costs related to the improvements made to the Wallace Bennett Building during the year 2004. No additional payments, nor promises of payment, were made by Wasatch Capital Corp. in exchange for the Release of Lien. Richard Surber, Nexia's president, said: "This release is a vindication of the company's position that it had fully paid for the construction and improvement made to the Wallace Bennett Building prior to the filing of the lien. I believe that this action will provide additional assistance in Wasatch Capital's efforts to obtain permanent long-term financing for the Wallace Bennett Building." Nexia strongly encourages the public to read the above information in conjunction with its Form 10-KSB for Dec. 31, 2005, and its Form 10-QSB for the quarter ended March 31, 2006. Nexia's disclosures can be viewed at [URL=http://www.nexiaholdings.com]www.nexiaholdings.com[/URL] or [URL=http://www.sec.gov.]www.sec.gov.[/URL] This press release is not a solicitation to buy or sell any securities. Nexia strongly encourages investors to only invest monies that they can afford to lose. Nexia is a high-risk security known as a penny stock. This press release may contain forward-looking statements that are based on a number of assumptions, including the successful completion of the refinancing of the Wallace Bennett Building. Although Nexia Holdings believes these assumptions are reasonable, no assurance can be given that they will prove correct. These forward-looking statements involve a number of risks and uncertainties, including the completion of the due diligence by lenders on the Wallace Bennett Building and obtaining sufficient financing for the property. The actual results that Nexia Holdings may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. SOURCE: Nexia Holdings Inc. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2