Attached files
| file | filename |
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| 8-K - WILSHIRE ENTERPRISES INC | v172386_8k.htm |
EXHIBIT
99.1
Wilshire
Enterprises, Inc. Announces Move to OTC Bulletin Board and Symbol
Change
NEWARK,
N.J., January 27, 2010 –Wilshire Enterprises, Inc. (“Wilshire” or the “Company”)
announced that effective today the Company’s common stock will be quoted on the
OTC Bulletin Board under the symbol WLSE.OB. The Company’s common
stock ceased trading on the NYSE Amex, LLC following the close of market on
January 26, 2010.
About
Wilshire Enterprises
Wilshire
is engaged primarily in the ownership and management of real estate investments
in Arizona, Texas and New Jersey. Wilshire's portfolio of properties
includes five rental apartment properties with 950 units, 10 condominium units,
two office buildings and a retail/office center with approximately 200,000
square feet of office and retail space, and slightly more than 19 acres of
land.
FORWARD-LOOKING
STATEMENTS
All
non-historical statements in this press release constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements may use such forward-looking terminology
as "expect," "look," "believe," "plan," "anticipate," "may," "will" or similar
statements or variations of such terms or otherwise express views concerning
trends and the future. Such forward-looking statements involve
certain risks and uncertainties, including risks cited in reports filed by
Wilshire with the Securities and Exchange Commission. Actual results
may differ materially from such forward-looking statements. Wilshire
Enterprises, Inc. assumes no obligation for updating any such forward-looking
statement at any time.
|
Company
Contact:
|
Sherry
Wilzig Izak, Chairman, 201-420-2796
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| Agency Contact: | Neil Berkman, Berkman Associates, 310-826-5051 |