'As a Public Company, our most Important Asset is our Shareholders,' says Sorrentino
DAMASCUS, Md., Feb. 26 /PRNewswire-FirstCall/ -- Syndication Inc., (Pink Sheets: SYNJ), reports that on February 26th, 2009, the CEO of Syndication asked the BOD to consider declaring quarterly stock dividends, similar to the Dividend currently being issued. "We are a young Public Company with tremendous growth potential, especially with the developments in our green energy program. It is my intension to take every step possible to make our Company successful but more importantly, to allow our long term investing shareholders to share in our maturing wealth. WHY NOT? The way I see it, that is the job of the CEO. It is my position, depending on the results and reception of this first Stock Dividend, to recommend that the Board consider establishing policy that routinely pays a dividend of this type on a quarterly basis," said Sorrentino, the CEO of Syndication.
The Company is currently working through the details with its transfer agent and is expected to approve the resolution to declare its first stock dividend over the next 24 to 48 hours. The Company indicates that more news on the declaration of the stock dividend, developments in the green energy program and the Sy-Med Spinal Decompression Division is pending.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
New Contact Information: Syndication Inc., Brian Sorrentino, Phone # 888-422-5515
For all mail correspondence; Box 503, Damascus, MD 20872
|SOURCE Syndication Inc.|
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