latest news releases from the newsroom
FaceTime Strategy LLC
Marketing Executive Kathy Humen Joins FaceTime as Senior Account Manager
DALLAS, Jan. 5, 2009 (GLOBE NEWSWIRE) -- FaceTime Strategy, a full service interactive marketing agency, is proud to announce that Kathy Humen has joined its management team: Humen, a marketing veteran of 20 years, joins FaceTime Strategy's Dallas office as a Senior Account Manager.
American International Industries, Inc.
American International Industries, Inc. Announces the Deconsolidation of Hammonds Industries, Inc.
HOUSTON and KEMAH, Texas, Jan. 5, 2009 (GLOBE NEWSWIRE) -- Mr. Daniel Dror, Chairman and CEO of American International Industries, Inc. (Nasdaq:AMIN), announced today that the board of directors has approved of the deconsolidation of Hammonds Industries, Inc. ("Hammonds") from the Company, effective December 31, 2008. The Company will recognize a substantial gain from deconsolidation of over $13 million, or approximately $1.49 per share. The net loss from operations of Hammonds for the year ended December 31, 2008, offset by the gain from deconsolidation, will be reflected as discontinued operations for the year ended December 31, 2008 in the Company's financial statements.