The
risks and uncertainties that may
affect the operations, performance, growth, and results of the Company
's
business include, but are not limited to, the following: failure to have at
least one market
maker continue to make a market in the Company's common stock
on the Pink Sheets following delisting
and deregistration; becoming subject to
the Exchange Act in the future due to the filing of a registration
statement;
economic factors, regulatory changes or legislative enactments that adversely
affect
the Company's business; and other risks detailed in the Company's
periodic filings with the Securities
and Exchange Commission.
bracelet lefton
Contact: Allen + Caron Catalina Lighting, Inc
.com
(212) 691-8087
lefton ceiling
"
About Catalina Lighting, Inc.
This press release includes statements that constitute "forward-looking"
statements, including
, without limitation, that the Company anticipates that
the Company's common stock will be quoted
on the Pink Sheets, and believes
that deregistering will reduce certain expenses and enable management
to focus
more time and resources on the operations of the Company.doorchimes lamps
Jesse Deal
(investors) Anthony Borzillo
jesse@allencaron.paddle cords
David commented, "I'm very
excited to have the opportunity to lead a
vibrant up-and-comer like Aziano. These statements
are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995
. We believe that delisting and deregistering will result
in significant reductions in our legal
and accounting expenses and enable our
management to focus more of its time and resources on operating
the Company
and enhancing shareholder value. The
forward-looking statements included herein are
made as of the date of this
press release and the Company undertakes no obligation to update these
statements for revisions or changes after the date of this release.sconces openers
Catalina Lighting Announces Voluntary
Delisting From Nasdaq and Filing of Form 15 to Deregister Common Stock With the Securities and Exchange
Commission
Catalina expects that the deregistration of its common stock will
become effective
90 days after the date of filing of the Form 15 with the SEC. In light of the
dramatically increasing
costs and administrative burdens associated with being
a public company, our Board has determined
that the advantages the Company
would receive from maintaining its registered status are disproportionate
to
the costs it would incur, both in terms of expenses and diversion of
management resources.
lamps hoses
pail sconces
The risks and uncertainties that may
affect the operations, performance, growth, and results of
the Company's
business include, but are not limited to, the following: failure to have at
least
one market maker continue to make a market in the Company's common stock
on the Pink Sheets following
delisting and deregistration; becoming subject to
the Exchange Act in the future due to the filing
of a registration statement;
economic factors, regulatory changes or legislative enactments that
adversely
affect the Company's business; and other risks detailed in the Company's
periodic filings
with the Securities and Exchange Commission. Catalina is eligible to deregister by filing a
Form
15 because it has fewer than 300 holders of record of its common stock.paddle lefton
I'm happy that David has
joined us, and I look forward to working with him.lanterns lamps
Catalina Lighting, Inc. is a leading international
designer, manufacturer,
and distributor of residential and office lighting products. Its line is
distributed under several brand names,
including Catalina(R), Dana(R), Ring(R), Illuminada(R) and
Aziano(TM).ceiling wrapped
Catalina Lighting Appoints David Garcia Vice President of Sales Aziano Lighting
The
forward-looking statements included herein are made as of the date of this
press release and the
Company undertakes no obligation to update these
statements for revisions or changes after the date
of this release.pinksheets.wrapped littman
Forward-looking statements inherently involve
risks and uncertainties
that could cause actual results to differ materially
from the forward-looking statements. MIAMI
, Catalina Lighting, Inc.com, which provides
stock and bond price quotes, financial news, and information
about securities.
Commenting on the announcement, Catalina's CEO, Bob Varakian, said, "As we
previously announced, we've carefully evaluated the advantages and
disadvantages to the Company
of continuing registration.bracelet wound
With their focus on design, and the backing
of brand- and market-leader
Catalina, I am sure Aziano will continue to become
a force in the showroom industry.com Chief
Financial Officer
(212) 691-8087 (305) 558-4777
Guy Gresham (investors) Gary Rodney
guy@allencaron.wound ceiling
Reporting to Jim Scott
, Executive Vice President of
Sales, North America, Garcia replaces Howard Hough, who will remain
with
Aziano as a sales representative in the NY / NJ area. The Company also functions as an original
equipment manufacturer,
selling goods under its customers' private labels. It is a
centralized
quotation service that collects and publishes market maker quotes
in real time primarily through
its website, http://www.
Catalina Lighting, Inc.wound reliance
"
Prior to joining Catalina, Garcia was
VP Sales for both the Ambience and
George Kovac divisions of Minka. Garcia's lighting background
includes
positions at Illuminating Experiences, Vivia, and Stiffel.
Upon the filing of the
Form 15, Catalina's obligation to file certain
reports with the SEC, including Forms 10-K, 10-Q,
and 8K, will immediately be
suspended. The Company's
broad product line includes functional and
decorative table lamps; ceiling,
wall, recessed, vanity and track lighting fixtures; emergency and
outdoor
lighting; and chandeliers.pail ceiling
(OTC: CALA) is a leading international designer,
manufacturer
, and distributor of residential and office lighting products. Simultaneously with delisting, the Company
filed a
Form 15 with the Securities and Exchange Commission (the "SEC") to voluntarily
deregister
its common stock under the Securities Exchange Act of 1934, as
amended (the "Exchange Act").lefton sconces
bracelet chandeliers
sconces littman
Forward-Looking Statement
This press release includes statements that constitute "forward
-looking"
statements, including, without limitation, that the Company anticipates that
the Company
's common stock will be quoted on the Pink Sheets, and believes
that deregistering will reduce certain
expenses and enable management to focus
more time and resources on the operations of the Company
.
Contact: Allen + Caron Catalina Lighting, Inc.pail doorbell
(OTC: CALA), a leading international
manufacturer, designer, and distributor
of lighting products for residential and office environments
, today announced
that it has hired David Garcia as Vice President of Sales for its Showroom
Division
Aziano Lighting. The Pink Sheets is a provider of pricing and
financial information for the over
-the-counter securities markets. The
Company also functions as an OEM, selling goods under its customers
' private
labels. Forward-looking statements inherently involve
risks and uncertainties that could
cause actual results to differ materially
from the forward-looking statements.hoses openers
"
About
Catalina Lighting, Inc.wrapped lanterns
(Nasdaq: CALA), a leading international designer, manufacturer, and
distributor
of lighting products for residential and office environments,
today announced that it has voluntarily
delisted its common stock from the
Nasdaq National Market.
The Company anticipates that its shares
will be quoted on the Pink Sheets, but
can make no assurance that any broker will continue to make
a market in the
Company's common stock.chandeliers wound
MIAMI, Catalina Lighting, Inc.
Catalina Lighting
CEO Bob Varakian said, "Our Aziano division has shown
significant growth since its launch in the
spring of 2004 and we have signed a
new five-year lease on a larger showroom that we will move into
next year. I believe
our Aziano division will continue this pattern of growth under his leadership
,
and I feel that, overall, Catalina will benefit greatly from his experience. These statements
are
made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995
.hoses ceiling
doorchimes ceiling
We
will also be introducing over 200 new items at the show in Dallas that starts
on January
19th, which we are pleased to have David on board for.
The Company's broad product line includes
functional and decorative table
lamps; ceiling, wall, recessed, vanity and track lighting fixtures;
emergency
and outdoor lighting; and chandeliers. Its line is distributed under several
brand
names, including: Catalina(R), Dana(R), Ring(R), Illuminada(R) and
Aziano(TM).com Chief
Financial Officer
(212) 691-8087 (305) 558-4777
or
Brian Kennedy (media)
brian@allencaron.Electrical devices for the
home or garden including ceiling fans, lighting, and other fixtures.
fans ceiling
A community sponsored library.
-> Show WiseVault's Web Sites Listing For This Topic
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)