AHPC Holdings, Inc. Announces Intent to Deregister Common Stock With Securities and Exchange
September 14 2007 - 5:55PM
PR Newswire (US)
GLENDALE HEIGHTS, Ill., Sept. 14 /PRNewswire-FirstCall/ -- The
Board of Directors of AHPC Holdings, Inc. (OTC Pink Sheets: GLOV),
a distributor and supplier of disposable gloves and other products
to the foodservice, healthcare, retail and industrial markets,
today announced it would file a Form 15 on or about September 21,
2007, with the Securities and Exchange Commission to deregister the
Company's common stock and suspend its reporting obligations under
the Securities Exchange Act of 1934, as amended. The Company
expects the deregistration to become effective within 90 days of
filing with the SEC. Upon filing the Form 15, the Company's
obligation to file certain reports and forms, including Forms 10-K,
10-Q and 8-K, with the SEC will be suspended. AHPC Holdings, Inc.,
headquartered in Glendale Heights, IL, is a marketer of disposable
medical examination, foodservice and retail gloves. The Company's
wholly owned subsidiary, American Health Products Corporation, is a
leading supplier of disposable gloves to the healthcare,
foodservice, retail and industrial markets nationwide. Certain
statements contained in this press release contain "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. These statements may be identified by the use
of forward-looking words or phrases such as "anticipate,"
"believe," "could," "expect," "intend," "may," "planned,"
"potential," "should," "will," and "would." Such forward-looking
statements in this release are inherently subject to many
uncertainties in the Company's operations and business environment.
These uncertainties include general economic conditions, in
particular, relating to consumer demand for the Company's products
and the Company's ability to maintain current sales levels at
current margins, competitive and technological developments,
customer purchasing actions, foreign currency fluctuations, and the
Company's ability to maintain in place its current line of credit
or to replace it with an acceptable substitute financing
arrangement. Shareholders, potential investors and other readers
are urged to consider these factors carefully in evaluating the
forward- looking statements and are cautioned not to place undue
reliance on such forward-looking statements. The forward-looking
statements made herein are only made as of the date of this press
release and the Company undertakes no obligation to publicly update
such forward-looking statements to reflect subsequent events or
circumstances occurring after the date of this release. In
addition, such uncertainties and other operational matters are
discussed further in the Company's quarterly and annual filings
with the Securities and Exchange Commission. DATASOURCE: AHPC
Holdings, Inc. CONTACT: Alan E. Zeffer, President & Chief
Executive Officer of AHPC Holdings, Inc., 1-800-828-2964, fax,
+1-630-407-0238 Web site: http://www.ahpc.com/
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