Feldman Mall Properties, Inc. Announces Continued Delay in Filing Form 10-K
10 4월 2008 - 7:02AM
PR Newswire (US)
GREAT NECK, N.Y., April 9 /PRNewswire-FirstCall/ -- Feldman Mall
Properties, Inc. (NYSE:FMP) announced today that it needs
additional time to file its Annual Report on Form 10-K for the year
ended December 31, 2007. The additional time 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. The Company intends to file its Annual
Report on Form 10-K for the year ended December 31, 2007 as soon as
possible. About Feldman Mall Properties Feldman Mall Properties,
Inc. is currently renovating and repositioning its portfolio of
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 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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