InvestorsHub Logo
Replies to #3052 on Research Pit
icon url

Waitedg

12/22/05 5:59 PM

#3053 RE: lonestar1a1 #3052

Press Release Source: The Fashion House Holdings, Inc.

The Fashion House Announces Temporary Change in Ticker Symbol
Tuesday November 29, 9:30 am ET
An 'E' Has Been Added to the Company's Symbol Denoting a Late Filing


LOS ANGELES--(BUSINESS WIRE)--Nov. 29, 2005--The Fashion House Holdings, Inc. (OTCBB: FHHIE - News), a leading designer and distributor of women's footwear, announced today that the Company's ticker symbol has been changed to FHHIE, denoting untimely filing of certain reports required by the OTC Bulletin Board to be filed with the SEC. The Company believes the "E" was added as a result of the Company's failure to timely file a Form 10-QSB for the Company's third quarter results as of September 30, 2005.
The filing delay was due, in part, to changes to the Company's independent auditors, which were announced on September 27, 2005 and November 16, 2005. Because of the recent hiring of the Company's current auditor on November 14, 2005, there was not adequate time for the auditor to review and complete its routine procedures to meet the Company's Form 10-QSB filing deadline. The Company expects the Form 10-QSB to be filed by December 15, 2005, and once the filing occurs the Company expects the 'E' will be removed from its symbol.

About The Fashion House:

The Fashion House, Inc., headquartered in Los Angeles, designs and distributes designer women's footwear under license agreements with Oscar de la Renta and Richard Tyler. The Company's lines include Oscar by Oscar de la Renta, O Oscar An Oscar de la Renta Company, Richard Tyler Couture and tyler. Richard Tyler.

This news release contains "forward-looking statements". The Company intends forward looking terminology such as "believes", "expects", "may", "will", "should", "could", "anticipates", "plans" or similar expressions to identify forward-looking statements. All statements in this news release that are not statements of historical fact, including the statements that the Form 10-QSB will be filed by December 15, 2005, and that the Company expects the 'E' will be removed from its symbol, are forward looking statements. Such statements are subject to certain risks and uncertainties which could cause the Company's actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, but are not limited to, those described in the company's periodic reports filed with the United States Securities and Exchange Commission. The Fashion House assumes no obligation to update these forward-looking statements, and does not intend to do so. This document is not construed to be an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction where such an offer would be illegal. No action is being solicited based upon this material. This document is for the general information of potential investors, partners and other interested parties. Opinions expressed are the Company's current opinions as of the date appearing on this document. No representation is made the information herein is accurate, or reliable or complete. In fact, readers of this press release are expressly cautioned that the information referenced herein is incomplete because comprehensive disclosures on The Fashion House, Inc., including audited financial statements, have not yet been made.



Contact:
The Fashion House Holdings, Inc.
Jennifer Hinkle, 323-939-3031
jhinkle@thefashionhouseinc.com
or
Investor Relations:
Integrated Corporate Relations
Kathleen Heaney, 203-803-3585
kheaney@icrinc.com
or
Equity Performance Group
Gary Geraci, 617-723-2373
gary@equityperfgp.com

--------------------------------------------------------------------------------
Source: The Fashion House Holdings, Inc.