PRVH 20% plus in USA!!!
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HO CHI MINH, Vietnam
Providential Holdings
Timothy Pham, 714-843-5456
www.phiglobal.com
Providential Holdings, Inc. (OTCBB:PRVHE) (www.phiglobal.com), a diversified holding company which currently focuses on and mergers and acquisitions services, cutting tool business, and international markets, announced today that the Company will hold a series of seminars on growth strategies and access to international capital markets for emerging companies in Vietnam.
This is part of the Company's plan to expand its M&A advisory services in Vietnam and other countries in Asia.
The venues for the month of December 2004 are as follows:
December 20, 2004, 2:00 PM, Auditorium A, Dinh Thong Nhat (former Presidential Palace), 108 Nguyen Du Street, District 1, Ho Chi Minh City, Vietnam. This event is co-sponsored by the International Center for Training and Consulting under the Ministry of Trade, Vietnam.
December 21, 2004, 2:00 PM, 497 Phan Chu Trinh Street, Tam Ky, Quang Nam, Vietnam. This event is co-sponsored by Chu Lai Investment and Development Co. for business executives affiliated with the Emerging Entrepreneurs Association of Central Vietnam.
The Company intends to hold similar programs in Ho Chi Minh City, Ha Noi, Da Nang, and Can Tho in the near future.
About Providential:
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. www.phiglobal.com
Safe Harbor:
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.
These and other risks are identified in the company's SEC filings and should be considered in evaluating the forward-looking statements made herein.
Copyright © 2004 Business Wire. All reproduction, other than for an individual user's reference, is prohibited without prior written permission.
News Copyright © 2004 Interest!ALERT All rights reserved.
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das lästige " E " sollte verschwinden. Dann muss Henry noch ein paar handfeste
News/Übernahmen aus dem Weihnachtssack zaubern.
Ich bleibe drin :-)
Geduld - Geduld - Geduld - nur: Ich wollte eigentlich gar nicht ewig drinbleiben...
Gruß BarCode
Die links zu den Firmen gehen auch nur noch zur hälfte?
und sollte das operative Geschäft in keinster Weise beeinflussen.
Alles wichtige wird und wurde veröffentlicht, die Website irgentwann aktuallisiert.
Also keine Panik.
HUNTINGTON BEACH, CA - MARKET WIRE - 12/15/04
Providential Holdings, Inc. (OTC BB: PRVHE); (Berlin: PR7, WKN 935160), www.phiglobal.com, today announces the operating results for the first quarter ended September 30, 2004, and expects to return to profitability for the quarter ending December 2004.
Total revenues were $267,851 and $4,440,000 for the three months ended September 30, 2004, and 2003, respectively. Revenues for the current period consist of $204,250 in advisory and consulting fees, $20,478 in sales and $43,123 intuition compared to $4,440,000 consulting fees for the comparable period in the prior fiscal year. The Company did not consummate any new merger transactions during the September quarter, which resulted in the decrease in the advisory fees. The increase in sales and tuition are due to the acquisition of several new subsidiaries.
Total general and administrative expenses were $180,277 and $94,227 for the three months ended September 30, 2004, and 2003, respectively. The increase is primarily due to the increased activity of the Company and the acquisition of the subsidiaries. Professional services were $263,296 and $995,212 for the comparable periods.
Interest expense was $173,430 and $168,272 for the three months ended September 30, 2004, and 2003, respectively. During the three months ended September 30, 2004, and 2003 the Company recorded a gain of conversion of notes of $20,392 and $77,472. In addition, one of the subsidiaries recognized a gain of $29,181 from the recovery of bad debts during the three months ended September 30, 2004.
Net loss for the three months ended September 30, 2004 was $515,274, compared to a net income of $3,179,062 for the same period in 2003, which is equivalent to ($0.00) per share versus $0.05 per share, respectively, based on the weighted average number of basic and diluted shares outstanding. The difference is primarily attributed to the activity in several subsidiaries acquired previously and the merger facilitated in the prior year.
In spite of the net loss for the last quarter, the outlook for the Company remains positive, both in the near term and the long term. The Company expects to return to profitability for the quarter ending December 2004. The Company continues to focus on managing for enduring long-term shareholder value and is currently taking measures to grow aggressively in areas with high returns on equity and competitive advantage.
Following the filing of the quarterly report with the SEC, the Company's trading symbol will revert to "PRVH" in the next few days.
About Providential:
Providential Holdings (www.phiglobal.com) 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.
Safe Harbor
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.
These and other risks are identified in the company's SEC filings and should be considered in evaluating the forward-looking statements made herein.
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Wertpapier: PROVIDENTIAL HOLDINGS I |
Optionen
| Boardmail an "Börsenfan" |
Wertpapier: PROVIDENTIAL HOLDINGS I |
Bin mal gespannt was da für News auf uns zurollen.
Ich bleibe drin.
Gruß BarCode
Global Acquisitions, Selective High-Growth Industries, Profitability -- Henry Fahman, CEO of Providential Holdings Inc., Talks with Traders Nation
PHOENIX--(BUSINESS WIRE)--Dec. 16, 2004--Traders Nation is pleased to announce that it has completed an interview with Henry Fahman, CEO of Providential Holdings Inc. (PRVH - news) , and the interview is available at http://www.tradersnation.com/prvh.shtml.
Fahman updates listeners with current events of the company, which include global acquisitions, top management team, profitability, selective high-growth industries, determining potential acquisitions, worldwide portfolio ownership and much more.
About Providential Holdings Inc.
Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which is manufacturing of industrial tools. The company has designed a three-pronged business model that can potentially yield long-term rewards with relatively diversified revenue streams.
Download ProXstream today: http://www.tradersnation.com/proxstream.shtml (A feature-rich media player for the active trader - Free Level II and More)
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Be a Guest: http://www.tradersnation.com/contact.shtml
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Stocks covered throughout the show (12/16/04) include: Sports Entertainment Enterprises Inc. (SPEA - news) , All-American SportPark Inc. (AASP - news) , Titan Technologies Inc. (TITT - news) , Covad Communications Group Inc. (COVD - news) , and XOMA LTD (XOMA - news)
The current rebroadcast (12/16/04) of the show features four segments. The first segment covers the top smallcap stories of the day. The second segment -- Bill Panetta, guest co-host of Traders Nation, and Kurt Schemers, host and creator of Traders Nation -- gives listeners the potential hot stock plays for the day. The third and fourth segments are open for industry experts, book authors, CEOs -- a variety of interesting guests and callers.
About TradersNation.com
TradersNation.com is the leader in the smallcap community for providing syndicators and Web site visitors current market trend commentary and delivering that content via an audio program produced live daily, named Traders Nation.
Multiple segments make up the "LIVE" hour-long program. Listeners gather daily to hear the latest smallcap news of the day and scheduled guests from CEOs to industry experts. Traders also share investing and trading strategies, and potential hot stock plays swirl throughout the call-in portion of the show.
-- Traders Nation broadcasts live on the New York ABC's Starguide Satellite System. The Starguide Satellite System can be received by more than 4,000 radio stations across the United States. Our station affiliates capture Traders Nation for either a simulcast or rebroadcast of the show.
-- Traders Nation is currently syndicated online with 119 sites carrying the show.
-- Traders Nation can be heard on 1190AM, an NBC affiliate radio station in Phoenix, during the prime "morning drive" time and on WTAN 1400AM Tampa, Fla., WZHR 1340AM Tampa, Fla., WTMY 1230AM in Sarasota, Fla., and KWAI 1080AM in Hawaii.
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-- TradersNation.com is the developer of ProXstream, a feature-rich media player for the active trader. Traders can now access alerts, news, quotes, SEC filings, charts, free level II and a variety of interviews that are fresh right from the Traders Nation(TM) studios. Download ProXstream today: http://www.tradersnation.com/proxstream.shtml.
Disclaimer: $6,000 Providential Holdings Inc. (PRVH - news) http://www.tradersnation.com/prvh.shtml
global acquisitions, top management team, profitability, selective high-growth
industries, determining potential acquisitions, worldwide portfolio ownership
and much more.
Sind konkrete, brauchbare Fakten dabei oder nur allg. schwammiges Gesülze?
Gruß
Aber schön, dass wir Henry mal wieder gehört haben...
Gruß BarCode
Gruß BarCode
HUNTINGTON BEACH, Calif.
Providential Holdings
Timothy Pham, 714-843-5456
www.phiglobal.com
Providential Holdings, Inc. (OTCBB:PRVH) (www.phiglobal.com), a diversified holding company which currently focuses on mergers and acquisitions services, cutting tool business, and international markets, announced today that the Company has assisted Mirae Tech Co., a Korean corporation, to complete its merger plan with Rapid Bio Tests Corporation, a Nevada corporation, (OTCBB:BOWC) and has successfully arranged a $5 million funding for the new combined company.
Mirae Tech Co. is engaged in the research and development and production of electrical energy and environment-related products. This company holds several international and domestic patents and produces electric conductive textile heating panel, mat, wall paper, laminated floor paper, sauna, negative potential plate, negative ion plate, fomenting machine and noise-related products like acoustic absorbent, soundproofing materials, etc. that are known to protect the environment and enhance people's life quality.
Providential Holdings will be receiving a fee for the services rendered.
Providential currently expands its M&A services in Southeast Asia and will be holding seminars on corporate growth and capitalization in Ho Chi Minh City and Tam Ky, Quang Nam Province, Vietnam on Dec. 20 and 21, 2004, respectively.
About Providential:
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.
Safe Harbor:
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.