SOURCE: Trim Holding Group

April 20, 2010 17:47 ET

Trim Holding Group Presents Analysis of Financial Condition and Results of Operations

BAY CITY, MI--(Marketwire - April 20, 2010) -  Trim Holding Group ("the Company") (PINKSHEETS: TRHG) is pleased to announce the filing of its annual report on Form 10K with the SEC. The Company is looking for business opportunities in the health care and environmental quality sectors. It is in the process of developing plans to enter those sectors and is also looking for products and business investment opportunities in those sectors. Additionally, the Company is currently developing a business plan for the manufacture and sale of a personal massaging device for which patent rights in the U.S., Canadian and Mexican markets were recently acquired.

On December 20, 2009, the Company filed a Form S-1 to register 15,000,000 shares of common stock for potential sale to investors. As originally contemplated, the money raised from the sale of such shares would fund the development, manufacture and sale of the personal massaging device and provide flexibility to the company to acquire additional businesses and product lines. The Company is in the process of reevaluating its business plan and its need for additional capital, and may significantly amend the terms of this offering or withdraw from the registration entirely.

The Company is also contemplating listing its stock on another exchange and looks forward to announcing its plans and decisions in the near future.

Safe Harbor:

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (The "Act"). In particular, when used in the preceding discussion, the words "pleased," "plan," "confident that," "believe," "expect," or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, general acceptance of the Company's products and technologies, competitive factors, the ability to successfully complete additional financings and other risks described in the Company's SEC reports and filings.

Contact Information

  • For more information, please contact:
    Trim Holding Group
    Investor Relations