Ajay Sports, Inc. has announced plans to file all past due 10Qs and 10Ks required for years 2001, 2002, 2003 and YTD 2004.
Brian T. Donnelly, President & COO, stated, “Ajay's new management team instructed its auditors to complete required audits for 2001 – 2003. We are clearly focused on providing shareholders with ongoing, accurate and timely reporting of Ajay's overall financial and operational performance. Management will focus on restructuring the company to improve the bottom line and profitably grow Ajay's remaining assets with an emphasis on its ownership in Pro Golf International.”
Continuing, Donnelly commented, “Scheduled reporting dates which Ajay has targeted include 10/31/04, 11/15/04, 12/01/04 and 12/31/04.”
Ajay Sports, Inc., which owns Pro Golf International, Inc., operates Pro Golf of America, Inc. and ProGolf.com, Inc.
