The Stephan Co. (SPCO: OTC Pink Limited) | Sale of Ft. Lauderdale Property

OTC

Sale of Ft. Lauderdale Property

Aug 19, 2014

OTC Disclosure News Service

Tampa, FL

Contact Information:

The Stephan Co.

4829 East 7th Avenue

Tampa, FL 33605

email: steverolle@thestephanco.com            

Steve Rolle, Chief Financial Officer
954-971-0600

 

The Stephan Co. (the “Company”) Announces Sale of Ft. Lauderdale Property

 

 

 

 

The Stephan Co. announced today that it has successfully sold its property located at 1850 West McNab, Ft. Lauderdale, Florida.  As noted in previous communication, it consolidated its operations by closing its Ft. Lauderdale, Florida facility in March 2014 into its existing Tampa, Florida facilities.  This is a result of the Company’s efforts to cut costs and increase the efficiency of its operations.

 

About The Stephan Co.

The Stephan Co. (OTCPink Market: SPCO) is the manufacturer of beauty and grooming products and has been serving beauty and barber industry since 1897.  The Company’s web site is www.thestephanco.com.

Certain statements and information included in this press release constitute “forward-looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. When used in this press release, the words or phrases “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “projected,” “intend to” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to economic conditions, dependence on management, our ability to compete with competitors, dilution to shareholders, and limited capital resources.

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