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CNDD Concorde America Inc. featured news, full reports, and detailed charts

Concorde America Inc. (CNDD/CNDD.PK) Wrap Up:

Concorde America, Inc., through its subsidiaries, engages in recruiting and supplying documented immigrant workers primarily in the Central and South America. The company places the workers in European countries in the industries related to agriculture, construction, domestic help, industrial and commercial maintenance and cleaning, and security. Concorde America, Inc. was incorporated in 1995 as Storage Systems, Inc. The company changed its name to Fisher Television Corporation in 1999 and to MBC Food Corporation in 2002. Further, it changed its name to Concorde America, Inc. in June 2004. The company is headquartered in Boca Raton, Florida.
www.concordeamericainc.com
Founded in 1995

Concorde America Inc. (CNDD:OTC)

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Final Judgments of Permanent Injunction Entered Against Defendants Andrew Kline and Thomas Heysek of Concorde America Inc

The Securities and Exchange Commission announced that on July 6, 2007, and July 19, 2007, the United States District Court for the Southern District of Florida entered Final Judgments of Permanent Injunction and Other Relief against Defendants Andrew Kline and Thomas Heysek, respectively of Concorde America Inc. The Final Judgment, against Kline was entered with his consent and enjoins him from violations of Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934. It also permanently enjoins Kline from participating in a penny stock offering. The Court granted summary judgment in favor of the Commission and against Thomas Heysek permanently enjoining him from violation of Section 10(b) and Rule 10b-5 of the Exchange Act. The Court also permanently enjoins Heysek from participating in a penny stock offering. The Final Judgment against Kline orders him to pay disgorgement in the amount of $21,000, prejudgment interest of $2,968.00, but waives the disgorgement and prejudgment interest and does not impose a civil penalty based on Kline's financial statement and other information submitted to the Commission. Additionally, the Court ordered Heysek to pay disgorgement in the amount of $56,000 plus prejudgment interest in the amount of $7,916.32.

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