Payless Communication Holdings, Inc. Announces New Trading Symbol16 April 2005
Payless Communication Holdings, Inc. today announced its new trading symbol on the Over-the-Counter Market, "PCNH." Previously the Company traded under the symbol of (OTC:SOAP - News). As mentioned in an earlier press release, the change of the Company's name will not affect in any way the validity of current outstanding stock certificates, nor will it be necessary for the Company's stockholders to surrender or exchange any stock certificates that they currently hold as a result of the name change.
Payless Telephone Company, a wholly-owned subsidiary, intends to offer consumers -- both residential and business -- an economical alternative with savings over Bell South and Verizon's market rates. The company intends to additionally offer DSL, Dial Up Internet, 1(+) long distance. In addition, Payless Telephone Company is planning to provide consumers with a VoIP Telephony solution.
Within the residential and business environment our plan calls for marketing to a niche Ethnic market that has family and friends overseas so that the company may provide basic telephony services throughout the entire United States.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
-------------------------------------------------------------------------------- Contact: Payless Communication Holdings, Inc., Hallandale Beach Ricardo J. Canal, 954-455-5008
-------------------------------------------------------------------------------- Source: Payless Communication Holdings, Inc.
Source: Business Wire
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