Mellon Research, Inc. Announces Strong Projected Earnings
SCOTTSDALE, Ariz., Jan 4, 2005 (BUSINESS WIRE) -- Wall Street Securities, Inc. (OTCBB: MLON:PK) the market leader in providing boutique investment banking services to private mid cap companies is announcing today that it intends to show earnings in the First Quarter of 2005 that reflect income that has been generated in the previous quarters.
"We want to let our stockholders know that our core business will begin to show tangible earnings in the first quarter of 2005 via our generating revenue from raising capital and expanding our growth markets of convertible debentures," said Mario Pino, CEO of Mellon Research, Inc. "We've done some front end work to date to grow our business with clients and via our convertible debentures and we expect this to pay off in the form of increased earnings that we can report to our stockholders during this first quarter of 2005. "
"We want to act in a prudent manner as we move forward in our business and operational processes to ensure that we are in compliance with all regulatory issues that relate to a public company. As a result, we've recently brought aboard several consultants who will assist our executive management team on a project basis."
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(TM) 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
This release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the company's current views with respect to future events that involve risks and uncertainties including uncertainties related to successful negotiations with other parties, closing of transactions, capital availability, operational and other risks, uncertainties and factors described from time to time in the company's publicly available SEC reports. In light of these risks and uncertainties, the forward-looking events described in this release might not occur.
SOURCE: Mellon Research, Inc.
CONTACT: Morgan Phillips, Inc.
Ray Larson, 918-269-6366
Morgan-Phillips@cox.net
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