21st Century Holding Company's CEO Discusses Q2 2012 Results - Earnings Call Transcript

21st Century Holding Company (TCHC)

Q2 2012 Earnings Call

August 9, 2012 4:30 PM ET

Executives

Michael Braun – President and CEO

Pete Prygelski – CFO

Analysts

Casey Alexander – Gilford Securities

William Meyers – William Asset Management

Doug Ruth – Lenox Financial

David Spear – Mineral Capital

Samir Khare – Capital Returns Management

Ron Bobman – Capital Returns

Brad Nelson – Private Investor

Lee Matheson – Broadview Capital

Presentation

Operator

Good afternoon and welcome to 21st Century Holding Company’s second quarter 2012 financial results conference call. My name is Sahid (ph) and I will be your operator today. Please note that today’s call is being recorded. At this time, all participants are on listen-only mode. Later, we’ll conduct a question-and-answer session. (Operator Instructions)

Statements in this conference call that are not historical fact are forward-looking statements without limiting the generality of the foregoing words such as may, will, expect, believe, anticipate, intend, would, could, estimate or continue with the negative other variations thereof comparable terminology are intended to identify forward-looking statements.

The matters discussed on this call that are forward-looking statements are based on current management’s expectations involving risk and uncertainty that may result in these expectations not being realized.

Actual events, outcomes and results may differ materially from what is expressed, or forecasted in forward-looking statements made on this call due to numerous risks and uncertainties including but not limited to risks and uncertainties described in this conference call, our press release issued today and other filings made by the company with the SEC from time to time.