CD & L, Inc. Announces Delay in Filing Form 10-K
31 Mars 2004 - 7:35PM
PR Newswire (US)
CD & L, Inc. Announces Delay in Filing Form 10-K SOUTH
HACKENSACK, N.J., March 31 /PRNewswire-FirstCall/ -- CD&L, Inc.
announced today that it has applied to extend the filing of its
Annual Report on Form 10-K with the Securities and Exchange
Commission until April 14, 2004. The delay in filing is principally
attributable to the Company's current efforts to restructure and/or
obtain waivers from its senior subordinated lenders with respect to
certain financial covenants. Certain statements in this news
release may be "forward-looking statements" within the meaning of
Section 27A of the Securities and Exchange Act of 1933. These
forward-looking statements include comments on when CD&L will
file its Form 10-K and comments on attempts by CD&L to
restructure and/or obtain waivers of certain financial covenants
from its senior subordinated lenders. Statements regarding future
developments are based upon current expectations and involve
certain risks and uncertainties that could cause actual results and
developments to differ materially from the forward-looking
statements. Potential risks include the risk that CD&L will be
unable to file its annual report on Form 10-K by April 14, 2004 or
that the Company will be unable torestructure and/or obtain waivers
of certain financial covenants from its senior subordinated lenders
as well as other risks specified in the Company's SEC filings.
DATASOURCE: CD&L, Inc. CONTACT: Russell Reardon, CFO of
CD&L, Inc., +1-201-487-7740
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