MESSAGE FROM BEXIL
Letter from the President
Overview
    COMMUNICATIONS
Press Releases
Shareholder Reports and Proxy Statements
Rule 15c2-11 Information
Investor Conference Calls
    GOVERNANCE
Board of Directors
Executives
Other Governance Info
    CONTACT US
Contact Bexil
Contact Transfer Agent
 
 
 
 
 
 
 
 
 
 
 
 
 

Press Releases

 

May 27, 2005

BEXIL CORPORATION ANNOUNCES PLAN DEVELOPMENTS FOR LATE 10-KSB AND 10-QSB FILINGS 

NEW YORK -- Bexil Corporation (AMEX: BXL) announced today that the filing of its annual report on Form 10-KSB for the year ended December 31, 2004 had been further delayed and that it anticipated filing the report by June 15, 2005. The Company stated that the further delay was attributable to the time necessary to make an accounting presentation of the Company's conversion from an investment company to an operating company. 

Bexil also announced that its plan of compliance submitted to the American Stock exchange, advising the Exchange of action it has taken, or will take, that would bring Bexil into compliance by no later than June 15, 2005 with its obligation to file a Form 10-KSB for the fiscal year ended December 31, 2004, was accepted.  Bexil will remain listed during the plan period, during which time it will be subject to periodic review to determine whether it is making progress consistent with the plan. Accordingly, although the Company is not in compliance with the continued listing standards of the American Stock Exchange, its listing is being continued pursuant to an extension. 

The Company further announced that it had violated the Exchange's continued listing standards and its listing agreement because the Company has not yet filed its quarterly report on Form 10-QSB for the period ended March 31, 2005. The Company stated that it had been advised by the Exchange that in order to maintain its Amex listing, the Company must submit a plan by June 8, 2005, advising the Exchange of action it has taken, or will take, that would bring the Company into compliance with the requirement to file its Form 10-QSB for the quarter ended March 31, 2005 by no later than July 11, 2005.

More information about Bexil may be found at its web site http://www.bexil.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 27, 2005
Bexil Corporation Announces Plan Developments for Late 10-KSB and 10-QSB Filings 
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



PO Box 4, Walpole, NH 03608 Tel: 1-212-785-0900 Fax: 1-917-746-4802
Home   |   Contact
Bexil Corporation || info@bexil.com || www.Bexil.com