LOS ANGELES--(Business Wire)--
Meridian Holdings, Inc. (Pink Sheets:MRDH) today announced that it
plans to file a Form 15 with the Securities and Exchange Commission
(SEC) within the next 30 days, to deregister its common stock and
suspend its reporting obligations under the Securities Exchange Act of
1934. Meridian Holdings, Inc. expects that the deregistration will
become effective 90 days after the filing with the SEC.
To address shareholders' concerns, additional details concerning
this corporate action, may be found in an 8-K filed with the
Securities and Exchange Commission and on the company's web site at
www.meho.com.
Note Concerning Forward-Looking Statements
Forward-looking statements in this release are based on
information available to the Company as of the date of this release,
and the Company assumes no obligation to update or revise
forward-looking statements. Forward-looking statements are inherently
uncertain, and the Company's actual results may differ from
management's expectations. Risks and uncertainties associated with
forward-looking statements include, without limitation, the Company's
ability to obtain the funding necessary to maintain business
operations; the Company's ability to hire and/or retain qualified
management and operational personnel; and the Company's ability to
continue executing its business plan. All forward-looking statements
attributable to the Company or persons acting on its behalf are
expressly qualified in their entirety by these cautionary statements.
Meridian Holdings, Inc. assumes no obligations to provide updates
related to any forward-looking information.
Meridian Holdings, Inc.
Andrew C. Dike, 310-242-5679
Copyright Business Wire 2008
