Business
THE MIDDLETON DOLL COMPANY ANNOUNCES CHANGED RECORD DATE AND PAYMENT DATE FOR PARTIAL REDEMPTION OF PREFERRED STOCK
THE MIDDLETON DOLL COMPANY ANNOUNCES CHANGED RECORD DATE AND PAYMENT DATE FOR PARTIAL REDEMPTION OF PREFERRED STOCK.
About this update from Firstime Design Ltd.
[{"type":"text","content":"Waukesha, Wis., June 11, 2010…The Board of Directors of The Middleton Doll Company (Pink Quotes: MDLL and MDLLP) announced today that due to administrative issues it has changed the record date for the partial redemption of its preferred stock to June 18, 2010, and extended the payment date to June 25, 2010. The original record date was May 27, 2010, and the original payment date was June 11, 2010. The revision was due to administrative and clerical issues and the dates are not expected to be revised again. About The Middleton Doll Company The Middleton Doll Company, through its subsidiary License Products, Inc., does business as FirsTime Manufactory, a designer and marketer of clocks and home décor products that are sold to major national retailers. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of the Company’s management and on information currently available to management, are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “plan,” “intend,” “estimate,” “may,” “will,” “would,” “could,” “should,” or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events. A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include: the ability of the Company to continue as a going concern; the ability of the Company to redeem the outstanding preferred stock; the degree of success of the strategy to reduce expenses and to increase revenue; and the ability of the Company to provide the necessary cash to meet operating and working capital requirements. Contact: Ken Werner &nbs...