MLON: NEW NEWS..possible Buyout@ .10!!
Mellon Research, Inc. Announces New Purchase Price and Bid for New Name
12/7/2004 1:16:28 PM
SCOTTSDALE, Ariz., Dec 07, 2004 (PRIMEZONE via COMTEX) -- Mellon Research, Inc. (Pink Sheets:MLON), the market leader in providing boutique investment banking services to private mid cap companies:
Due to the numerous offers made to purchase or merge with our firm, Mellon Research will raise the minimum offer to sell the firm at .10 cents per share. No further details regarding an increase in the purchase price of our firm will be provided. Mellon Research is announcing our interest in securing the Kidder, Peabody name from UBS/Paine Webber with a consortium of former Kidder, Peabody employees and money management firms.
"I intend to plead our case directly to the shareholders of UBS/PaineWebber through the Wall Street Journal and at the annual shareholders meeting to convince the shareholders this is a prudent and profitable tender offer," claims Mario Pino, CEO of Mellon Research.
About Mellon Research, Inc.
Founded in the fall of 2003 by Mario Pino -- Mellon Research provides comprehensive boutique investment banking consulting services to enable private companies to raise capital via: IPO's, Reverse Mergers, Bridge Capital and or other financial vehicles. Mellon Research is the only multi-national boutique financial services firm that is offering client companies with a structured funding process built around its Financial Prep services. These services provide client firms with a methodology that helps them analyze existing corporate structure, financial and marketing needs to help them make the right strategic choices necessary to raise capital or go public. For more information please contact Mario Pino, CEO, 602.912.5870, 2415 E. Camelback Road, Suite 700, Phoenix, AZ 85016, mellonresearch@aol.com, www.mellonresearch.com
SOURCE: Mellon Research, Inc.
