LOS ANGELES, Nov. 29, 2004 (PRIMEZONE) -- Victory Capital Holdings Corporation (OTCBB:VTYC): Update on audit status for the Company's Third Quarter Report.
The Company announced today that their stock symbol has been temporarily changed to (OTCBB:VTYCE) due to the late filing of the Company's third quarter report. It is the intent of the Company to file this required report within the next week thus returning it to fully reporting status.
"With the ever changing and growing reporting requirements regulated by the SEC, we are not taking any chances in rushing our filings, only to have done them incorrectly. We are confident that when the public reviews our Management Discussion Narrative and Subsequent Events additions to this report, their investor sentiment will change for the positive," stated Jon Fullenkamp, CEO of Victory Capital.
Victory Capital Holdings Corporation (VTYC), organized in Nevada, is a publicly traded company. The Company is designed to leverage the assets of existing, proven technology and to infuse those assets with marketing, management and financial support to become the recognized leader in its space.
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, those discussed in filings made by the Company with the Securities and Exchange Commission.