Post by bg317 on Apr 17, 2008 15:08:56 GMT -5
Heritage Plans to Release First Quarter Financial Report After Audit
WILMINGTON, Del., April 17, 2008 /PRNewswire-FirstCall via COMTEX/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC) announced today that its Disclosure Statement -- Quarterly Update for the First Quarter ended March 31, 2008 will be reported after the audit is completed.
Based on conversations with the auditor, Webb and Company, P.A., Certified Public Accountants, they expect to complete the financial audits for 2006 and 2007 and a review of the first quarter 2008 before the end of May 2008.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to arrange financing for real property and commercial revenue producing assets.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans, actual results may differ materially from the expectations expressed in the forward-looking statements.
Contact: Heritage Capital Credit Corporation
Richard Razzeca, VP, Tel: 302-778-4222
Email: info@heritagecapitalcreditcorp.com
SOURCE Heritage Capital Credit Corporation
WILMINGTON, Del., April 17, 2008 /PRNewswire-FirstCall via COMTEX/ -- Heritage Capital Credit Corporation (Pink Sheets: HCPC) announced today that its Disclosure Statement -- Quarterly Update for the First Quarter ended March 31, 2008 will be reported after the audit is completed.
Based on conversations with the auditor, Webb and Company, P.A., Certified Public Accountants, they expect to complete the financial audits for 2006 and 2007 and a review of the first quarter 2008 before the end of May 2008.
About Heritage Capital Credit Corporation
The Heritage business model, which is implemented through its subsidiary, Independent Capital Credit Corporation, is to arrange financing for real property and commercial revenue producing assets.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond the control of the company, which include the ability of the company to implement its business plans, actual results may differ materially from the expectations expressed in the forward-looking statements.
Contact: Heritage Capital Credit Corporation
Richard Razzeca, VP, Tel: 302-778-4222
Email: info@heritagecapitalcreditcorp.com
SOURCE Heritage Capital Credit Corporation