SOURCE: Equus Resources, Inc.

May 03, 2007 09:30 ET

Equus Resources Announces Annual Meeting

ATLANTA, GA -- (MARKET WIRE) -- May 3, 2007 -- (PINKSHEETS: EQUR) -- Equus Resources, Inc. ("Equus") announced today plans to hold its Annual Meeting of Stockholders in Atlanta, Georgia on Wednesday, July 18, 2007. This date is subject to change when the official notice is mailed to Equus stockholders. Under the Equus Bylaws, official notice of the Annual Meeting must be sent to stockholders not later than 10 nor earlier than 60 days prior to the Annual Meeting Date. So far, six individuals (all of whom have been large Equus stockholders for two or more years) have indicated interests in becoming candidates for election to the Equus Board as independent directors. Background checks are being conducted by current management on all of these prospective candidates and those who do stand for election will be identified in the Proxy Statement and Annual Report to be distributed to stockholders, along with pertinent biographical information.

The Company and its accountants and financial consultant continue to work diligently on the financial statements, which the Company plans to make available to the public later this month.

Forward-Looking Statements:

Any statements made herein which are not historical facts contain certain "forward-looking statements," as such term is defined in the Private Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the Company to which this release pertains. The actual results of the specific items described in this release, and the Company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgment of management of the Company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties, including, without limitation, the Company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, the receipt of revenues, and other factors, many of which are beyond the Company's control.

Contact Information

  • Contact:
    Randy Harris
    770-442-2364