NASHVILLE, Tenn., Feb. 15, 2007 (PRIME NEWSWIRE) -- Jonathan Pappie announced that CapitalPros Network has prematurely terminated its media coverage for CIC Holding Company (Pink Sheets:CICG) due to directional differences and market acceptance issues. CPN has agreed to return its stock compensation package.
"We feel that this is and will be a solid company, we would like to have continued but directional differences, the urgency of the company to accommodate sellers in a rapid fashion, as well as communication issues, dictated that we part ways and return the balance of compensation so that they can follow another course of action. This was done by mutual agreement and we felt that this was the appropriate policy decision after discussion with the company," said Mr. Pappie.
About CPN: CPN provides multi media coverage utilizing company approved material to the Broker Dealer community, high net worth investors and to the general public through multiple portals including proprietary publications and websites as well as call centers and other mediums.
CPN does not promote or endorse any particular stocks or any company. CPN only releases company approved text and content through multi media portals. This press release contains forward-looking statements, which are made pursuant to the Safe Harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties that could cause actual results to be materially different. The forward-looking statements should be considered in light of these risks and uncertainties. The Company disavows any obligation to update or correct any of its forward-looking statements.