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Winsted Holdings Inc (WHLI)

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Last Post: 3/4/2006 1:13:39 AM - Followers: 2 - Board type: Free - Posts Today: 0

WHLI.OB Monday August 8, 7:00 am ET NEWPORT BEACH, CA--(MARKET WIRE)--Aug 8, 2005 -- Winsted Holdings, Inc. (OTC BB:WHLI.OB - News), a Business Development Company (BDC), is pleased to announce that it has received the second quarter financial results ending June 30, 2005, from the Company's CPA. These unaudited results will be forwarded to the Company's outside auditor for approval. ADVERTISEMENT [-56033] "The unaudited 2005 Q2 revenue was $150,000 compared to 2004 Q2 of $9,485. Unaudited 2005 Q2 cost and expenses were $670,366 compared to 2004 Q2 of $1,011,138," stated Winsted CEO Mark Ellis. "Selected raw numbers can be both misleading and inadequate should there be last minute changes. However, with so m any requests of 'How are we doing?', we felt it was appropriate to discuss of the preliminary results with the aforementioned disclaimers. One should not base the merits of investing on incomplete and selected raw numbers. For a more complete picture, please see the Company's audited filings with the SEC." "Revenue exploding upward while cost and expenses going down is the result of hard-working employees. The bottom line on how we became so successful in what we do can be traced back to the purchase of MedSpa Solution Inc. on December 6, 2004. With the employees' concentrated effort, we logged in 613 sales leads from January through June. This means our prospect pipeline is filling up and releasing successes into our sales dam. With each passing quarter, we'll continue to open up the floodgates to release our quarterly results. I want to give thanks to the support of our shareholders, the employees for their hard work and our clients for choosing our professional team," concluded Ellis. About Winsted Holdings, Inc. Winsted Holdings Inc. (OTC BB:WHLI.OB - News) is a Business Development Company (BDC) located in Newport Beach, California. BDCs are publicly traded, closed-end investment companies regulated by the Investment Company Act of 1940. The Company was founded on the premise that combining both operational talent and financial talent within a single private equity investment firm can significantly enhance the magnitude and consistency of investment returns. Winsted Holdings' team consists of accomplished financial professionals with experience at prestigious financial institutions, seasoned corporate executives from various industry enterprises and successful entrepreneurs with expertise developed in aspects from business development to capital markets and from sales and marketing to technology development. The Company currently has two wholly owned subsidiaries, Spencer Communications Inc. and MedSpa Solutions Inc. Over the coming months, the Company will outline its ever-changing portfolio holdings and its plans for the long-term medspa expansion. Statements made in this press release regarding the Company's or management's intention, beliefs, expectations, or predictions for the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the ability to compete effectively in a rapidly evolving and price competitive marketplace; possible reductions in demand for our products and services due to competition or changes in industry conditions; changes in the nature of medspa and telecommunications regulations in the United States and other countries; changes in business strategy; the successful integration of newly-acquired businesses; the impact of technological change; and other risks referenced from time to time in the Company's filings with the Securities and Exchange Commission. Contact: Contact: For additional information call: Investor Relations 949-476-3711 or visit company website: http://www.winstedholdings.com/ Source: Winsted Holdings
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#118   I can't believe that someone is still buying sailorpatp 03/04/06 01:13:51 AM
#117   Even More exciting news about Ellis......... JT_Marlin 01/26/06 05:14:57 PM
#116   8 reverse splits in 2 years eom JT_Marlin 01/26/06 05:13:25 PM
#115   Heres more.............. JT_Marlin 01/26/06 05:13:06 PM
#114   And the scam goes on WHLI is now WNSH........ JT_Marlin 01/26/06 05:12:26 PM
#113   Here's more info on the scam........... JT_Marlin 01/26/06 05:11:13 PM
#112   SCAM Alert Read this info Mark Ellis JT_Marlin 01/26/06 05:10:02 PM
#111   LOL ... We got that Reverse Split ...... X8-8X 01/26/06 05:02:27 PM
#109   I have nothing here ,I just saw no pokerdv8 12/11/05 11:48:40 PM
#108   reverse split is about to happen lol, he's JT_Marlin 12/11/05 10:18:06 PM
#107   What happened here? pokerdv8 12/08/05 10:43:34 AM
#106   Yep another split is coming lol is this JT_Marlin 11/02/05 12:29:58 PM
#105   Is it about to do another Reverse - X8-8X 10/31/05 03:36:59 PM
#104   .0003 WTF????????????????????????????? pokerdv8 10/18/05 11:42:56 AM
#103   I don't get it. This stock should have analyzethis 10/18/05 10:13:04 AM
#102   HUGE NEWS WHLI GONNA FLY!! pokerdv8 10/18/05 09:39:56 AM
#101   Well to me the CEO thinks only of Dale636 09/29/05 08:35:54 PM
#100   1 to 1250 rs mkinhaw 09/29/05 10:39:46 AM
#99   What's up with WHLI? TIA XuanLongSon 09/28/05 10:02:34 PM
#98   And what do u think abot, vsus? pokerdv8 09/24/05 09:38:21 AM
#97   (WHLI) Hey low , what's up? pokerdv8 09/24/05 09:36:59 AM
#96   Hmmmm. hardly a month ago, the float was lowman 09/21/05 07:55:22 PM
#95   WHLI out at .0018 pokerdv8 09/20/05 03:33:03 PM
#94   WHLI reday to bounce , going to hit .0039 pokerdv8 09/20/05 10:27:57 AM
#93   what up with this stock ? u still pokerdv8 09/08/05 03:44:39 PM
#92   "Unlike some CEOs, who take no compensation until PENNIEStoSTACKS 08/31/05 10:32:53 AM
#91   It really is a shame that WHLI's CEO lowman 08/31/05 10:07:24 AM
#90   What an a hole that CEO turned out PENNIEStoSTACKS 08/30/05 02:40:34 PM
#89   LMFAO as you lose your $$$! My posts lowman 08/30/05 02:21:59 PM
#88   lowlife...one word explains you ( LOSER!!!!!! ) anytimetrader 08/30/05 09:10:14 AM
#87   LMFAO...hey, JT, I tried picking up where you lowman 08/29/05 04:16:05 PM
#86   what was that, anytimetrader? did I hear YOU lowman 08/29/05 04:12:49 PM
#85   Explain this.................. JT_Marlin 08/29/05 01:46:54 PM
#84   WOW....Volume 23,500 ...I'm going to get rich with anytimetrader 08/29/05 11:51:41 AM
#83   Bid...25 Ask...30....The MM's are trying to stop buying anytimetrader 08/29/05 11:42:20 AM
#82   I noticed how after your group dumped you PENNIEStoSTACKS 08/29/05 02:00:05 AM
#81   Real time insider transactions for WHLI anytimetrader 08/28/05 08:57:43 PM
#80   Thanks goingup, I am still a stuckholder here, Capt_Nemo 08/28/05 05:41:13 PM
#79   You can put perfume on a pig, but lowman 08/28/05 03:34:21 PM
#78   http://www.investorshub.com/boards/read_msg.asp?message_id=7526866 When it bottoms I'll be buyin PENNIEStoSTACKS 08/28/05 03:15:56 PM
#77   Bashers on this POS???? You are kidding,,,,right???? How Capt_Nemo 08/28/05 02:37:10 PM
#76   Lighten up? Perhaps, but my take is that lowman 08/28/05 02:00:34 PM
#75   Hey, it's a possibility, but outside of momo lowman 08/28/05 01:53:43 PM
#74   This Company has only been operating (as is) PENNIEStoSTACKS 08/28/05 10:55:28 AM
#73   I would think they had to pay peirce PENNIEStoSTACKS 08/28/05 10:03:28 AM
#72   "nationwide goal of 400 locations." PENNIEStoSTACKS 08/28/05 09:53:52 AM
#71   "Scheduled to launch early September" PENNIEStoSTACKS 08/28/05 09:50:45 AM
#70   "The grand opening is scheduled for August 2005" PENNIEStoSTACKS 08/28/05 09:48:28 AM
#69   I hope you do make money, anytimetrader, my lowman 08/28/05 03:07:09 AM
#68   lowman...far from worried trust me....I bet you I anytimetrader 08/27/05 08:44:51 PM
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