Sale of Ft. Lauderdale Property
Aug 19, 2014
OTC Disclosure News Service
The Stephan Co.
4829 East 7th Avenue
Tampa, FL 33605
Steve Rolle, Chief Financial Officer
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.
Copyright © 2014 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.