NEW YORK , Sept. 8, 2004 (PRIMEZONE) -- (Investrend Research Syndicate) CorpHQ (Pink Sheets:COHQ) has been upgraded in its enrollment to continuous Investrend Research Benchmark coverage, qualifying the company for Updates and a Rating.
CorpHQ was the subject of a Focus Report by Investrend Research analyst Mohammad Sharifzadeh, MBA, CFA, on August 2. In that report, Sharifzadeh said the company's aim is to maintain a diversified holding of selected businesses in consumer products and commercial technologies, and its assets have grown from 49% from $1,887,430 March 31, 2003 to $2,815,738. He attributed the increase to the boost in the value of investments from $1,856,373 March 31, 2003 to $2,772,068 March 31, 2004.
"CorpHQ Inc. is a holding company and business incubator. It organizes, invests in and provides comprehensive management support to high-potential companies. It also acquires interests in and provides consultation to selected companies that provide synergies to its existing portfolio companies. CorpHQ is not a reporting company, but they provide voluntary audited annual and reviewed quarterly reports on the Pink Sheets," noted the analyst.
Since 2001, the company has invested in and provided business management services to five companies: My Personal Salon Inc., a beauty and lifestyle products company; Safeguard Technology International, Inc., a distributor and integrator of high technology products and services for residential and corporate security; Circles of Life USA, Inc., a wellness products company; Pressto Food & Beverage, Inc., the owner of patented self-heating/cooling beverage and foods containers; and National Beverage Marketing Inc., a bottled water producer and beverage distributor, said the report.
The full report, including important disclosures and disclaimers, available at http://www.investrendresearch.com, and at the company's InvestorPower page at http://www.investrend.com/company/list.asp?sPathParam=yes and investors are advised to read those disclosures carefully before trading in the equities of any enrolled company.
The analyst's credentials are at http://www.investrend.com/articles/secondlevel.asp?level=238
CorpHQ is enrolled in Investrend Research's pioneering professional research program, which facilitates independent analysts to provide financial coverage for shareholders in companies that otherwise would have little or no analyst following. Current enrollment fees for Benchmark coverage are $19,800, and the fees are being paid by CorpHQ. Approximately six years ago, the company was enrolled in the Institutional Research program and presented at an Investrend Forum at the New York Society of Security Analysts. The combined fee for these was approximately $25,000, and the fee was paid by the company. Analysts are paid in advance of initial reports by Investrend Research to eliminate pecuniary interest, and neither the analyst nor principals of Investrend Research may own or trade in the stocks of a company under coverage.
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