21st Century Holding Company Q1 2010 Earnings Call Transcript

21^st Century Holding Company (TCHC)

Q1 2010 Earnings Call

May 17, 2010 4:30 pm ET

Executives

Michael Braun – President and CEO

Analysts

William Myers – Miller Asset Management

Presentation

Operator

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Welcome to the 21st Century Holding Company's first quarter 2010 conference call. (Operator Instructions) Statements in this conference call or in the documents incorporated by reference that are not historical fact are forward-looking statements. Forward-looking statements are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. Without limiting the generality of the foregoing, words such as may, will, expect, believe, anticipate, intend, could, would, estimate or continue, or negative other variations thereof, or comparable terminology are intended to identify forward-looking statements.

The risks and uncertainties include, but are not limited to, the risks and uncertainties described in this conference call or from time to time in our filings with the SEC. Furthermore, the consolidated financial statements of 21st Century Holding Company for the year ended March 31, 2010, have been prepared in accordance with Generally Accepted Accounting Principles for interim financial information and with the instructions of Form 10-Q and Rule 10-01 of Regulation S-X. These financial statements do not include all the information in a notes required by the GAAP for complete financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto included in the company’s annual report on Form 10-K for the year-ended December 31, 2009.

21st Century Holding Company specifically disclaims any obligation to update or revise any forward-looking statements whether as a result of new information, future developments or otherwise. As a reminder, this conference call is being recorded.