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1998-02-01 - “Stock News ALERT” UNFC expect $50 million increase in revenues in 98’.

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From: moisoqa@prodigy.com
To: moisoqa@prodigy.com
Message Hash: 1cdea3bae731709d952a198380a770dbbf5fb892109fa4e99679adbb301a64f0
Message ID: <199802013862HAA16945@post.at>
Reply To: N/A
UTC Datetime: 1998-02-01 15:05:23 UTC
Raw Date: Sun, 1 Feb 1998 07:05:23 -0800 (PST)

Raw message

From: moisoqa@prodigy.com
Date: Sun, 1 Feb 1998 07:05:23 -0800 (PST)
To: moisoqa@prodigy.com
Subject: "Stock News ALERT" UNFC expect $50 million increase in revenues in 98'.
Message-ID: <199802013862HAA16945@post.at>
MIME-Version: 1.0
Content-Type: text/plain


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REMINGTON-HALL CAPITALIZES ON RESURGENT REAL ESTATE MARKET 
Company expects to acquire $50 million in assets by mid-1998</B>
</P><P ALIGN=LEFT>  
DALLAS --<FONT  COLOR="#0080ff" SIZE=3><B> </B>UNFC<B> </B>), a diversified real estate investment firm formerly known as Universal Fuels Company, is quietly acquiring over $50 million in previously undervalued, undercapitalized or mismanaged commercial properties and making this new major player<FONT  COLOR="#0080ff" SIZE=3><B> </FONT><FONT  COLOR="#000000" SIZE=3></B>one of the best moderate-risk real estate investments in 1998.  
 
Founded in 1975 as Universal Fuels, the company provided uranium to the world as an alternative fuel, but as uranium became less used as a nuclear fuel source than other more economical and useful materials, Universal Fuels' stock declined almost to extinction over several years.  The stock price was less than 1 last year.
 
Four months ago officials from Camden-Townwest, a privately held real estate investment firm, approached Universal Fuels former management about converting Universal Fuels into a publicly traded real estate conglomerate.  Camden-Townwest, founded in 1994, grew from $19,000 in cash to $3 million in assets in three years without seeking any outside capital.  Since the change in management and corporate mission last October, <FONT  COLOR="#0080ff" SIZE=3><B> </B>UNFC<B> <FONT  COLOR="#0080ff" SIZE=3></B> </FONT><FONT  COLOR="#000000" SIZE=3>has seen its stock value increase by over 800%.   
 
Remington-Hall  is now making its move to increase assets at a tremendous rate.  By mid-year management expects to acquire in excess of $50 Million in office buildings and multi-family properties at a significant discount to their market value. "We have been referred to as 'Cat Burglars of Real Estate'," said Douglas Fonteno, president & chief executive officer, "and that's a title we plan to keep."
 
<U><B>Douglas T Fonteno</U> </B>previously Chairman of Camden-Townwest and formerly with Merrill Lynch, is Remington-Hall's new President & Chief Executive Officer.  <U><B>Larry Hood</U></B>,  <B> </B>formerly Chief Operating Officer of Pizza Inn and Chief Financial Officer of Reliance Mortgage Company, is Remington-Hall's Chief Financial Officer, giving the new company immediate and substantial financial integrity.  <U><B>Wade Hyde</U></B>, previously public relations and investor relations executive for Blockbuster Video and FoxMeyer Corporation, is Vice President of Marketing & Public Relations. 
 
Currently Remington-Hall<FONT  COLOR="#0080ff" SIZE=3> </FONT><FONT  COLOR="#000000" SIZE=3>is seeking to be listed on the Pacific Stock Exchange and the Nasdaq National Market.  The company anticipates announcing over $10 million in newly acquired assets by the end of January.
 
<B>Name:</B>		    Remington-Hall Capital Corporation  ( formerly Universal Fuels)
<B>Symbol:</B>	     Nasdaq:<FONT  COLOR="#0080ff" SIZE=3><B> </B>UNFC<B> </B>
<B>Mission:</B>	     To aggressively acquire steeply undervalued real estate properties
                       due to previous mismanagement or undercapitalization.   
<B>Management: </B>Senior executives with diverse experiences, including: 
                       Fortune 500 corporations, leading stock brokerage firms, 
                       real estate companies and national marketing.  
<B>Goals:</B>	           To increase assets to $10M by January 98 and $50M by mid-year  
<B>Address:</B>	     1401 Elm St., Ste. 1818, Dallas, TX  75202-2925
<B>Internet:</B>	     www.remington-hall.com <FONT  COLOR="#0080ff" SIZE=3><B>
</FONT><FONT  COLOR="#000000" SIZE=3>E-Mail:</B>	         <FONT  COLOR="#0080c0" SIZE=3><B>  </B>InvestorRelations@remington-hall.com<FONT  COLOR="#0000ff" SIZE=3>
</FONT><FONT  COLOR="#000000" SIZE=3><B>Quote:            </B>Yahoo! Remington-Hall<B> </B>

              Except for the historical information contained on the website,
              the matters set forth inthese documents are forward-looking
              statements within the meaning of the "safe harbour" provisions
              of the Private Securities Litigation Reform Act of 1995. These
              forward-looking statements are subject to risk and uncertainties
              that may cause actual results to differ materially. These forward-looking
              statements speak only as of the date hereof and the Company 
              disclaims any intent or obligation to update these forward-looking 
              This is not a solicitation to buy or sell securities and does not purport to
              give investment recommendations.  The company featured in this                      
              advertorial pay for promotional services by issuing securities, options to
              purchase securities and/or cash.  The information contained here has
              been carefully compiled and believed to be reliable, but its accuracy is
              not guaranteed.


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