Southern Cosmetics Intent to Become Fully Reporting with the SEC
Southern Cosmetics Intent to Become Fully Reporting with the SEC
LONG BEACH, Calif., March 23 /PRNewswire-FirstCall/ -- Southern Cosmetics announced its intent to become fully reporting with the SEC and to apply for OTC Bulletin Board listing. Once reporting status is achieved, Southern Cosmetics will seek to have its shares quoted on Nasdaq's Over-the-Counter Bulletin Board. The Company anticipates it will be able to meet exchange requirements and achieve reporting status within the next 6 months.
Catherine Basinger, CEO of Southern Cosmetics, commented, "This is another significant move forward with our corporate strategy. We believe that full reporting status will better reflect the intrinsic value of Southern Cosmetics."
As a reporting company, the Company will be required to file annual reports on form 10-KSB, quarterly reports on Form 10-QSB, and reports or unusual events on Form 8K. The Company will be required to solicit proxies for its annual meeting in accordance to Section 14 of the Securities Exchange Act of 1934 and other reporting requirements will apply to management shareholdings.
About Southern Cosmetics, Inc.
Southern Cosmetics, Inc. is a progressive marketing company that specializes in research-based dermatological products that focus on healthy living and anti-aging.
To find out more about Southern Cosmetics (OTC Pink Sheets: SHCM), visit our websites at www.southerncosmetics.com and www.mynaomi.com .
About Naomi Judd
To learn more about Naomi Judd, visit her website at www.naomijudd.com.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Source: Southern Cosmetics, Inc.
CONTACT: Catherine Basinger of Southern Cosmetics, Inc., +1-888-240-2079
cbasinger@southerncosmetics.com
Web site: http://www.southerncosmetics.com/
http://www.mynaomi.com/
http://www.naomijudd.com/
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