Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
LAS VEGAS, NV -- (MARKET WIRE) -- 11/21/06 -- Public Company Management Corporation (OTCBB: PUBC) announced that it has signed a contract with Castleview Home Loans, a
16-year-old mortgage banker and originator of first and second mortgage
loans in California, Colorado, Idaho, Indiana, Louisiana, and Oregon.
Under the contract, PUBC, through its subsidiaries GoPublicToday.com, Inc.,
will provide management consulting services and advice to Castleview
concerning various corporate and securities matters including Castleview's
efforts to become a fully reporting public company.
"At PUBC, we look forward to working with Castleview," said Stephen Brock,
PUBC president. "We believe Castleview has a solid future, and we think
that our work together will be beneficial for both companies."
PUBC will also provide compliance services to help Castleview maintain its
regulatory responsibilities after Castleview becomes fully reporting. These
services, provided through PUBC's subsidiary, Public Company Management
Services, Inc., are invaluable for small business issuers (SBIs). Many
SBIs do not file Forms 10-KSB, Forms 10-QSB or other periodic reports
required to be filed with the SEC and lose the liquidity that is available
through the public markets. PUBC works with the management of SBIs like
Castleview to educate and consult them on the reporting requirements.
About Castleview Capital Holding Corporation
Based in Southern California, Castleview originates and funds residential
home loans, which consist of purchase money, refinance home loans, home
equity mortgages, and debt consolidation loans. Because Castleview is a
direct lender, rather than a mortgage broker, Castleview has greater
flexibility to provide financing to customers who have had problems
qualifying for a home loan. Castleview strives to use the most advanced
technology available to close loans quickly and at a low cost. Castleview
combines the use of the Internet along with advanced processing software
and automated underwriting systems. Castleview maintains a corporate
website at www.castleview.com.
About Public Company Management Corporation
PUBC's primary services are to educate, consult and advise clients seeking
to register and self distribute their own securities in a public offering
without an underwriter, to maintain compliance with their public reporting
and corporate governance obligations or to conduct a State registered
offering or a private placement. PUBC also consults and advises companies
seeking to migrate from the Pink Sheets to the OTCBB. PUBC focuses on the
small business market, traditionally underserved by large management
consulting firms.
PUBC supports the full lifecycle of entering the public market through its
various subsidiaries. In addition to PUBC's corporate website at
www.publiccompanymanagement.com, PUBC also maintains the following websites
to promote the services offered by its subsidiaries:
Education -- Pubco WhitePapers, Inc. (http://www.PubcoWhitePapers.com)
hosts a comprehensive body of knowledge on private and public equity
markets;
Registration and Listing -- GoPublicToday.com, Inc.
(http://www.GoPublicToday.com) provides consulting services and advice in
connection with companies seeking to register and self distribute their own
securities in a public offering without an underwriter and obtain a listing
on the OTCBB and companies seeking to migrate from the Pink Sheets to the
OTCBB; and
Regulatory Compliance -- Public Company Management Services, Inc.
(http://www.PCMS-Team.com) provides consulting services and advice relating
to compliance with reporting and corporate governance obligations of public
companies.
To increase OTCBB transparency and awareness, PUBC has also established the
PCMC Bulletin Board 30 Index(TM). The index is comprised of 30 stocks and
is not a full representation of the OTCBB marketplace, but rather a
stratified grouping of stocks that meet certain well recognized standards.
Several original companies included in the PCMC Bulletin Board 30 have
graduated to the national exchanges, including GAINSCO, Inc. (AMEX), Law
Enforcement Associates Corp. (AMEX), Silverleaf Resorts (AMEX), Covad
Communications Group, Inc. (AMEX) and True Religion Apparel, Inc., the
latter of which was replaced in the PCMC30 index with International Fuel
Technologies (OTCBB). Neither the companies discussed in this paragraph nor
the current companies listed in the index are clients of PUBC and PUBC does
not own any of their securities.
This press release contains or may contain forward-looking statements such
as statements regarding PUBC's growth and profitability, growth strategy,
liquidity and access to public markets, operating expense reduction, and
trends in the industry in which PUBC operates including recommendations by
the SEC Advisory Committee on Smaller Public Companies which could have a
material effect on PUBC's current business model, the ability of PUBC's
clients to become fully reporting, publicly traded, migrate to the OTCBB or
to satisfy the SEC periodic or other reporting and/or corporate governance
requirements if such clients were to become fully reporting or migrate to
the OTCBB, and the ability of PUBC or any of its subsidiaries to consult
with or advise its clients with respect to accomplishing any of the same.
The forward-looking statements contained in this press release are also
subject to other risks and uncertainties, including those more fully
described in PUBC's filings with the SEC. PUBC assumes no obligation to
update these forward-looking statements to reflect actual results, changes
in risks, uncertainties or assumptions underlying or affecting such
statements, or for prospective events that may have a retroactive effect.
Public Company Management Corporation (OTCBB: PUBC)
Contact:
Public Company Management Corporation
Kipley J. Lytel, CFA
Chief Operating Officer
Phone: (702) 556-5736 Email Contact www.PublicCompanyManagement.com