North Coast Life Insurance Company Announces Rescission of Board Proposal

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Deltron Reports on Development and Launch of Proprietary Breathing Products

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Versatile Directors Appointed to Board of Equus Total Return, Inc.

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Colabor Group Inc. declares a quarterly dividend of 26.91 cents per share

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DSM announces settlement of Federal Class Antitrust Litigation

North Coast Life Insurance Company Announces Rescission of Board Proposal

//business-finance.news-articles.net/content/201 .. pany-announces-rescission-of-board-proposal.html

Published in Business and Finance on Thursday, June 17th 2010 at 9:50 GMT by Market Wire
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SPOKANE, Wash.--([ BUSINESS WIRE ])--North Coast Life Insurance Company (OTCBB:NCLIP) (OTCBB:NCLI) announced today that a proposal by their Board of Directors to change the ratio at which the Companya�s Series A Preferred Stock may be converted into common stock of 1:2 has been rescinded as of June 15, 2010. The conversion ratio remains at 1:1.4.

About North Coast Life

North Coast Life is a life insurance company headquartered in Spokane, Washington, specializing in the family marketplace with interest sensitive whole life (trademark name aVersatile Lifea), traditional whole life, term life and a complete line of annuity products. More Information is available at [ www.nclife.com ].