Host America Announces Expiration of Public Warrants
24 7월 2007 - 3:10AM
PR Newswire (US)
HAMDEN, Conn., July 23 /PRNewswire-FirstCall/ -- Host America
Corporation (CAFE.PK) today announced the expiration of the
company's public warrants to purchase common stock. The warrants
expired by their terms on July 21, 2007 and accordingly the company
filed a Form 15 with the Securities and Exchange Commission. The
public warrants to purchase common shares were listed on the Pink
Sheets under the symbol CAFEW.PK and had a strike price of $5.50
which was out of the money. The common shares of the company
continue to be traded on the Pink Sheets under the symbol CAFE.PK.
Cautions Concerning Forward-Looking Statements All information in
this news release consists of forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
The statements contained in this release, which are not historical
facts and that relate to future plans or projected results of Host
and its subsidiaries, are forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934, These forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those projected,
anticipated or implied. These risks and uncertainties can include
the risks associated with Host's entry into new commercial food
and/or energy markets that require the company to develop demand
for its products, its ability to access the capital markets,
litigation, regulatory investigations and many other risks
described in Host's Securities and Exchange Commission filings. The
most significant of these uncertainties are described in Host
America's 2006 Annual Report on Form 10-K all of which any reader
of this release is encouraged to study (including all amendments to
those reports) and exhibits to those reports, and include (but are
not limited to) the following: the costs, difficulties, and
uncertainties related to the implementation of the early stage
energy management division, organizational changes and the
integration of acquired businesses; the potential loss of one or
more key customer or supplier relationships or changes to the terms
of those relationships; difficulties and uncertainties related to
transitions in senior management; the results, consequences,
effects or timing of any inquiry or investigation by or settlement
discussions with any regulatory authority or any legal and
administrative proceedings; the impact of previously announced
restatements; difficulties or delays or increased costs in
implementing Host America's overall prospective business plan; and
general economic and market conditions. Host America undertakes no
obligation to update or revise any forward-looking statement.
Readers of this release are cautioned not to put undue reliance on
forward-looking statements. DATASOURCE: Host America Corporation
CONTACT: Sam Ostrow of Ostrow & Partners, Inc.,
+1-203-328-3018, Web site: http://www.hostamericacorp.com/
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