Business
Allen-Vanguard updates investors on timing of report of audited financial statements for fiscal 2008
OTTAWA, Dec. 19 /CNW Telbec/ - Allen-Vanguard Corporation (TSX: VRS) ("Allen-Vanguard" or the "Co...
About this update from Verisante Technology, Inc.
[{"type":"text","content":"\n\n\n\nOTTAWA, Dec. 19 /CNW Telbec/ - Allen-Vanguard Corporation (TSX: VRS)\n("Allen-Vanguard" or the "Company") of Ottawa, Canada today reported that it\nexpects to release its audited financial statements and accompanying MD&A in\nconjunction with a comprehensive update on its credit facility arrangements\nbefore December 29, 2008.\n\n\nThe Company stated that management and its auditors are working to\nsatisfactorily complete a first full year audit of the Company after its\ntransformation with the acquisitions of HMS and Med-Eng, and at the same time\nconclude on discussions regarding credit facilities. "These matters have added\nconsiderably to the complexity and effort involved, but we look forward to\nconcluding this work and discussing our financial results, our current\nprogress and our outlook for fiscal 2009," said David E. Luxton, President and\nCEO.\n\n\nForward looking statements\n\n\nThis press release may contain forward-looking statements, which reflect\nAllen-Vanguard's current expectations regarding future events, its strategy,\nexpected performance and condition. Forward-looking statements include\nstatements that are predictive in nature, that depend upon or refer to future\nevents or conditions, or that include words such as "expects," "anticipates,"\n"plans," "believes," "estimates" or negative versions thereof and similar\nexpressions. In addition, any statement that may be made concerning future\nperformance, strategies or prospects, and possible future acquisitions or\ndispositions, is also a forward-looking statement. Forward-looking statements\nare based on current expectations and projections about future events and are\ninherently subject to, among other things, risks, uncertainties and\nassumptions about the Company and economic factors. Forward-looking statements\nare not promises or guarantees of future performance, and actual events and\nresults could differ materially from those expressed or implied in any\nforward-looking statements made about the Company. Any number of important\nfactors could contribute to these digressions, including, but not limited to,\ngeneral economic, political and market factors in North America and\ninternationally, interest and foreign exchange rates, global equity and\ncapital mark...