SCOTTSDALE, Ariz., Oct. 29, 2004 (PRIMEZONE) -- Mellon Research, Inc. (Pink Sheets:MLON) the market leader in providing boutique investment banking services to private mid cap companies is announcing today that it is following through on a previously announced stock dividend for its existing stockholders of record.
"We are announcing the OTC offering for Wall Street Securities, Inc. (Other OTC:WLSC) tomorrow," said Mario Pino, CEO of Mellon Research, Inc. "Each MLON shareholder will be given a dividend of one share in Wall Street Securities, Inc. (Other OTC:WLSC) for every 100 shares that are held for MLON on 11.15.2004 as previously announced. We have made the appropriate arrangements to facilitate this process."
About Mellon Research, Inc.
Founded in the fall of 2003 by Mario Pino, Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPOs, Reverse Mergers, Bridge Capital and or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep(tm) services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. For more information please contact Mario Pino, CEO, 602.912.5870, 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, mellonresearch@aol.com, www.mellonresearch.com
This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.