HVLN NEWS:
HVLN Announces Board of Directors Approval in Reduction of Number of Authorized Shares
Sep 10, 2007 5:00:00 PM
BOCA RATON, FL -- (MARKET WIRE) -- 09/10/07 -- The Board of Directors of Harvard Learning Centers, Inc. (PINKSHEETS: HVLN) (the "Company") announced today that it had voted to reduce the number of authorized shares of common stock in the Company to 750,000,000. Consequently, the Company will immediately file an amendment to its Articles of Incorporation making this change.
About The Harvard Learning Centers, Inc.
The Harvard Learning Centers, Inc. offers training programs for both the mind and body of teenagers and young adults. Its core business has been to offer SAT-ACT test preparation for high school students (www.sat-act-prep.com). It recently added test preparation materials published by the Nova Press, including books, software and online courses for the SAT, LSAT, GMAT, GRE and MCAT graduate level tests, all of which are co-branded.
Earlier this year, the Company expanded into the Youth Sports Training Market with the acquisition of BSA Athletics, Inc., and ASAP Athletics, Inc., both of Boca Raton, Florida. In conjunction with these acquisitions, it announced that it had opened a private men's fitness and wellness center, "The Men's Room," offering nutritional guidance, weight control management, a massage room, a hair salon, and a work out facility.
Safe Harbor Statement
Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.
Contact:
Harvard Learning Centers, Inc.
Press Relations
Phone: 561-962-4197
Fax: 561-962-4252
Harvard Learning Centers, Inc.
433 Plaza Real, Suite 275
Boca Raton, Florida 33432
561.962.4197
Email: directoroflearning@sat-act-prep.com
www.sat-act-prep.com
