MacKenzie Patterson Fuller, Inc. Announces Offer to Purchase Up to 85,000 Shares of Palmetto Real Estate Trust at $3.00 Per Shar
November 07 2005 - 2:32PM
PR Newswire (US)
SAN FRANCISCO, Nov. 7 /PRNewswire/ -- MacKenzie Patterson Fuller,
Inc. and affiliates (collectively "MPF") today announced it has
offered to purchase up to 85,000 shares of common stock of Palmetto
Real Estate Trust ("Palmetto") (Pink Sheets: PTTTS) for a price of
$3.00 per share. MPF's offer to purchase 85,000 shares of Palmetto
would result in ownership of approximately 4.80% of the outstanding
shares of Palmetto. The most recent trading price according to the
Pink Sheets was $4.75. A copy of the offer documents can be viewed
at MPF's website at http://www.mpfi.com/. MPF will also mail or fax
a copy of the offer documents to anyone who requests them by
emailing your request to . To submit your shares to our offer,
instruct your broker to submit them to Depository Trust Company. If
you own your shares in certificate form, you can submit them by
requesting and completing an Assignment Form from MPF. DATASOURCE:
MacKenzie Patterson Fuller, Inc. CONTACT: Alex Howard of MacKenzie
Patterson Fuller, Inc., +1-925-631-9100, ext. 217 Web site:
http://www.mpfi.com/
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