BRIEF-Brian Tunick Reports 7.4% Stake In CEA Industries

Reuters04-26

April 25 (Reuters) -

Brian Tunick:

* BRIAN TUNICK REPORTS 7.4% STAKE IN CEA INDUSTRIES INC AS OF APRIL 11 - SEC FILING

* BRIAN TUNICK - PURCHASED CEA INDUSTRIES' SHARES OF COMMON STOCK BASED ON BELIEF THAT THE SHARES WHEN PURCHASED, WERE UNDERVALUED

* BRIAN TUNICK - IS CONCERNED THAT CEA INDUSTRIES CASH RESERVES OF $12.5 MILLION WILL NOT BE RETURNED TO SHAREHOLDERS IN A TIMELY NATURE

* BRIAN TUNICK - BELIEVES IT WOULD BE IN THE BEST INTEREST OF SHAREHOLDERS IF CEA INDUSTRIES WERE TO DIVIDEND OUT ALL OR A MAJORITY OF ITS CASH ON HAND

Source text for Eikon:

((Reuters.Briefs@thomsonreuters.com;))

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