Business News
RELM Posts First Quarter Financials
2008-07-24 08:15:00
RELM Posts First Quarter Financials
WILMINGTON, Del., July 24 /EMWNews/ -- Relm Holdings Inc. (Pink Sheets: RELM) posted its first quarter ended March 31, 2008 financial information including both balance sheet and income statement, on http://www.pinksheets.com. This financial information reflects Relm Holdings on a stand-alone basis, and the recently acquired Relm Real Estate Holdings on a separate stand-alone basis. The RELM loss of ($3,713) in the first quarter of 2008 compares to a loss of ($762) in the first quarter of 2007. Relm Real Estate Holdings had income of $253,075. The companies plan to present fully consolidated financial information on or before December 31, 2008. To the view the complete financial information, please refer to http://www.pinksheets.com under company filings.
About Relm Holdings Inc. The Relm Holdings business model focuses on real estate acquisitions and management. For more information about Relm Real Estate Holdings and their pending transactions for 2008 please visit http://www.relmholdingsinc.com. 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 through the newly acquired real estate company, actual results may differ materially from the expectations expressed in the forward-looking statements.
Contact: Relm Holdings Inc. [email protected] 200 West Ninth Street, Suite 314 Wilmington, DE 19801 Tel: 302-778-4222
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