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Press Releases

 

May 24, 2005

BEXIL CORPORATION ANNOUNCES LATE FILING OF FIRST QUARTER 10QSB AND UNAUDITED COMPARATIVE FINANCIAL DATA 

NEW YORK -- Bexil Corporation (AMEX: BXL) announced today it had submitted a notification of late filing on Form 12b-25 that it would make a late filing of its quarterly report on Form 10-QSB for the quarter ended March 31, 2005. The Form 10-QSB filing is currently expected by June 15, 2005.

The Company stated that due to delays in concluding the new client acceptance process, the successor independent registered public accounting firm was not engaged until April 13, 2005, and the Company currently anticipates filing its Annual Report on Form 10-KSB for the year ended December 31, 2004 by May 27, 2005. Upon completion of that filing, the Company will seek to file Form 10-QSB as soon as possible thereafter.

Unaudited Comparative Financial Data

Bexil also released preliminary and unaudited comparative data of its financial results for the quarter ended March 31, 2005. Although subject to review, the Company expects to show that earnings per share in the first quarter ending March 31, 2005 exceeded 2004 first quarter results by approximately 23%.

Bexil is a holding company operating businesses directly or through companies in which it has a majority or other substantial interest. More information about Bexil may be found at its web site http://www.bexil.com. Bexil's primary business is comprised of its 50% interest in privately held York, an unconsolidated affiliate accounted for by the equity method. More information about York may be found at its web site, http://www.yorkclaims.com.

This press release may contain forward-looking statements and similar expressions that reflect Bexil's current expectations about its future performance, and are subject to risks, uncertainties and other factors that could cause Bexil's actual performance to differ materially from those expressed in, or implied by, these forward-looking statements.

Press Release Links

May 24, 2005
Bexil Corporation Announces Late Filing of First Quarter 10QSB and Unaudited Comparative Financial Data 
May 20, 2005
Bexil Corporation Announces Further Delay in 10KSB Filing 
April 26, 2005
Bexil Corporation Announces Receipt of AMEX Notice of Failure to Satisfy Continued Listing Standard   
April 18, 2005
Bexil Corporation Announces Change of Independent Registered Public Accounting Firms                                
September 13, 2004
Bexil Corporation Announces Conference Call
August 13, 2004
Bexil Corporation Announces Financial Results for the Second Quarter Ended June 30, 2004
May 17, 2004
Bexil Corporation Announces Financial Results for the First Quarter 2004
March 1, 2004
Bexil Corporation Omits First Quarter Dividend
January 6, 2004
Bexil Corporation Announces Deregistration



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