Feldman Mall Properties, Inc. Announces Form 10-K Filing Extension
19 3월 2008 - 5:17AM
PR Newswire (US)
GREAT NECK, N.Y., March 18 /PRNewswire-FirstCall/ -- Feldman Mall
Properties, Inc. (NYSE:FMP) announced today that the Company filed
an extension with the Securities and Exchange Commission for
additional time to file its Annual Report on Form 10-K for the year
ended December 31, 2007. The extension is required in order to
complete its normally required year-end reporting requirements and
assessment of the effectiveness of its internal controls over
financial reporting, as required by Section 404 of the
Sarbanes-Oxley Act of 2002. This extension is permitted pursuant to
Rule 12b-25 under the Securities Exchange Act of 1934, as amended.
The Company intends to file its Annual Report on Form 10-K for the
year ended December 31, 2007 by no later than April 1, 2008. In
addition, the Company expects to include detailed additional
property related information in the filing of the report and
intends to provide an update on strategic alternatives, cost
savings initiatives and property level performance. About Feldman
Mall Properties Feldman Mall Properties, Inc. acquires, renovates
and repositions enclosed regional shopping malls. Feldman Mall
Properties, Inc.'s investment strategy is to opportunistically
acquire underperforming malls and transform them into physically
attractive and profitable Class A malls through comprehensive
renovation and re-tenanting efforts aimed at increasing shopper
traffic and tenant sales. For more information on Feldman Mall
Properties Inc., visit the Company's website at
http://www.feldmanmall.com/. Forward-looking Information This press
release contains forward-looking statements that involve risks and
uncertainties regarding various matters, including, without
limitation, the success of our business strategy, including our
acquisition, renovation and repositioning plans; our ability to
close pending acquisitions and the timing of those acquisitions;
our ability to obtain required financing; our understanding of our
competition; market trends; our ability to implement our
repositioning plans on time and within our budgets; projected
capital and renovation expenditures; demand for shop space and the
success of our lease-up plans; availability and creditworthiness of
current and prospective tenants; and lease rates and terms. The
forward-looking statements are based on our assumptions and current
expectations of future performance. These assumptions and
expectations may be inaccurate or may change as a result of many
possible events or factors, not all of which are known to us. If
there is any inaccuracy or change, actual results may vary
materially from our forward-looking statements. DATASOURCE: Feldman
Mall Properties, Inc. CONTACT: Thomas E. Wirth, President &
Chief Financial Officer, or Larry Feldman, Chairman, both of
Feldman Mall Properties, Inc., +1-516-684-1239; or Scott Eckstein
of Financial Relations Board, +1-212-827-3766, , for Feldman Mall
Properties, Inc. Web Site: http://www.feldmanmall.com/
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