http://www.castleipo.com/ Created to electronically offer eligible investors the opportunity to participate in initial public offerings ("IPO's") of securities and to offer issuers digital solutions for capital raising.
2: Citadel Securities Corp. http://www.citadelsecurities.com Makes markets in NASDAQ, OTC Bulletin Board, has no retail customers, and conducts business exclusively with other broker-dealers.
3: Cyber Holdings Corp. http://www.cybervillecity.com Cyber Holding Corp.com, an Internet E-commerce facilitator utilizing various domain names to attract traffic.
WOW, CHOD just added .11 to their earnings, .15 for the 2000 year ending.
(PR NEWSWIRE) Castle Holding Corp. Announces Substantial Increase In Stockhol Castle Holding Corp. Announces Substantial Increase In Stockholder's Equity
FREEPORT, N.Y., Jan. 19 /PRNewswire/ -- Castle Holding Corp. (OTC Bulletin Board: CHOD) today announced that in connection with the settlement of a class action claim against certain Nasdaq market makers in December 2000, the Company's wholly owned subsidiary Castle Securities Corp. received $ 581,674 on January 9, 2001 in settlement of certain of its past principal transactions and $ 528,132 on January 16, 2001 in fees for assisting in the processing of certain customer claims. After deducting related expenses and income taxes, the Company estimates net income from the settlement at approximately $750,000, or $.11 per share. This income will be reflected in the Registrant's Form 10-QSB for the quarterly period ended December 31, 2000. After reflecting the estimated net income from the settlement and the estimated loss from other operations in the three months ended December 31, 2000, the Registrant estimates stockholders' equity at December 31, 2000 at approximately $ 1,050,000, or $ .15 per share. George Hebert, President, commented, "I am pleased to say that the additional capital will allow us to develop a more aggressive posture, while avoiding shareholder dilution." Castle Holding Corp. (OTC Bulleting Board: CHOD) presently conducts substantially all of its business through two subsidiaries, Castle Securities Corp. and Citadel Securities Corp. Castle Securities was incorporated in New York on December 7, 1984 and operates as a broker-dealer in securities. Its businesses include the underwriting and brokerage of fixed income and equity securities. Citadel Securities was incorporated in New York on April 11, 1991 and also operates as a broker-dealer in securities. Citadel Securities makes markets in NASDAQ, OTC Bulletin Board and "Pink Sheets" securities, has no retail customers, and conducts business exclusively with other broker-dealers. Newly formed Cyber Holdings Corp.com has two subsidiaries, Cyberville City, Inc. and Long Island Web TV.com Corp, operating web sites and offering advertising and production packages to business customers. Private Securities Litigation Reform Act (Safe Harbor) -- Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties which are described in the Company's SEC reports, including the annual report on Form 10-KSB for the period ended September 30, 2000. Please visit http://www.castleholding.com. For more information and to download a demo of the JavaTrader 2000, log on to http://www.castleonline.com. All offerings sold by prospectus only. Offerings are not available to residents of all states.
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