Providential Holdings Clarifies Change in Ticker Symbol
HUNTINGTON BEACH, Calif. - PRNewswire-FirstCall - Feb. 28
HUNTINGTON BEACH, Calif., Feb. 28 /PRNewswire-FirstCall/ -- Providential Holdings, Inc. (BULLETIN BOARD: PRVH) , a provider of international advisory services specializing in mergers and acquisitions, announced today that it is fully in compliance with SEC filing regulations. The Company filed its quarterly report on Thursday, February 24th, 2005 at 8:30 pm Eastern Time. The adjustment of the company's ticker symbol from PRVH to PRVHE seems to have been an error on the part of the EDGAR system. The 10Q report is available through the SEC's website at http://www.sec.gov/. The Company was informed by the NASD's OTCBB Filings that the " E" would be removed by March 1st.
Henry Fahman, chief executive officer of Providential Holdings, stated, " The Company has filed and is fully compliant with SEC regulations. It is unfortunate that such a mistake took place, but we have worked expeditiously to remedy the situation and expect to have the 'E' removed by March 1st."
About Providential Holdings, Inc.
Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies.
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the " safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
For more information, contact:
OTC Financial Network Providential Holdings, Inc.
Rick McCaffrey, Investor Relations Henry Fahman
781-444-6100 x625 714-843-5450 x 5455
rick@otcfn.com info@phiglobal.com
Providential Holdings, Inc.
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