News out June 29, 2008
Jun 29, 2008
Pink OTC Markets News Service
North Miami, FL— The Board of Directors of Distribution Management Services, Inc. (OTC: DMGS) wants to thank its long-term stockholders with their many favorable comments and indications of their support as to our ever-continuing development; primarily, by our implementation of new programs that are in-progress and that we will aggressively pursue during the coming months. As our long-standing commitment to our stockholders, our Board of Directors designed these programs to stabilize and improve the value of our stock and to better utilize our considerable assets. Our development has been limited during the past 16-month period by a number of factors, chiefly, by our effort to accumulate and best utilize our assets.
For the convenience of our stockholders, DMGS has now subscribed for the full range of issuer disclosure offered by OTCIQ so as to provide to our stockolders full information on a current basis. OTCIQ is a secure, web-based portal that provides issuers access to its innovative products and services in order to facilitate communication with the marketplace, promote transparency, mitigate risk, gather market intelligence, and inspire better corporate governance. Moreover, through our OTCIQ disclosures, we will provide online publication and management of disclosure statements, financial reports, attorney's letters, news releases, research reports, and other material announcements that are important to our stockholders. This will enable each of our stockholders to be fully advised at all times as to the DMGS' position and its progress as it moves into a substantial growth period, especially in terms of the disclosure of our current financial information. (For more information on OTCIQ and to learn about the range of services and disclosure requirements DMGS subscribed to, we invite our stockholders and prospective investors to visit their website at http://www.otciq.com.) This medium, new to DMGS, will allow DMGS to better communicate with its stockholders and timely provide information on the company and its operations without delay.
Furthermore, in keeping with the our overall plan, we are pleased to announce that we are compiling all of the information - including the most recent statements of financial condition prepared by of our accountants - so as to be able to gather all of the information to accomplish the registration of our common stock under the Securities Act of 1933 and the Securities Exchange Act of 1934. As you know, our stock is presently quoted in the Over-the-Counter; however, after the registration statement becomes effective, our common stock we will be permitted to resume the quotation of our common stock on the Bulletin Board, as it was so quoted in the past.
Best yet, our Board of Directors believes this series of programs, joined with our ongoing plan of operations, will immediately bring better value to our stockholders, which has always remained our greatest concern. These continuing efforts will allow our Board of Directors to position DMGS to make the best of its use of and to further develop its significant asset portfolio, which continues to rise.
As always, our President, Leo Greenfield, welcomes your comments and suggestions.
Contact Information:
Leo Greenfield, President
Distribution Management Services, Inc.
Suite 201
11601 Biscayne Boulevard
North Miami, Florida 33181
Phone: (305) 893-9270
Fax: (305) 893-6696
(Certain statements contained in this press release may be considered "forward-looking." Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from estimated or implied results.)
The above news release has been provided by the above company via Pink Sheets News Service. Issuers of news releases and not Pink Sheets are solely responsible for the accuracy of such news releases.