Stockwire.com: Syndication Inc. (Pink Sheets: SYNJ) just released some important news

• Published in: M2 Presswire
• Format: Newsletter
• Language: English
• Published: Coventry Normans Media Ltd 02.04.2009
• Subjects: Alternative energy; Compensation; Conflicts of interest; Dividends; Editors; Energy industry; Equity financing; Investments; Investors; SEC regulations; Sorrentino, Brian; Stockholders; Treasuries

Other then the reverse split of the Company's common stock initiated last year on November 6th, 2008, the Company currently has no intention or plans to do another at any time in the near future. The Company indicates that as of March 5th, 2009 the estimated issued and outstanding non-restricted tradable float was just shy of 931 million shares. We are a small company about to cross the threshold between immature and explosive growth and issuing equity to sponsor our growth and accomplish our goals is necessary. The Company is involved in the process of Federal and State Funding, the issuance of a 5% dividend, equity financing activity, and taking on additional partners. The company needs to issue shares in a balanced capital expansion program and my request of the BOD to rescind an additional 300 million shares is analogous with a responsible and comprehensive Company Capitalization Policy. "I am the largest single capital investor in this Company and any decision to issue equity is done with a great deal of contemplation and requires a significant return in value for our Company. In my opinion theses conditions have been more then just satisfied and the returns for our investment will ultimately lead to increased equity valuation and more importantly foster a longer term investor attitude," says Brian Sorrentino, the CEO of Syndication Inc. The Company indicates that more news on our Pinnacle Energy development and the Sy-Med Spinal Decompression Division is pending. The PICKENS PLAN VIRTUAL MARCH launches today and runs through April 3rd. The Maryland 6th District is currently ranked a respectable 46 of 435 US Districts. Brian Sorrentino, the CEO of Syndication and Co-Leader of Maryland's 6th District for the Pickens Alternative Energy Plan, wants to remind our shareholders to help their Company promote its political presence in the alternative energy industry. Please register for the Pickens Plan Virtual March on Washington, scheduled this April 1st to 3rd. Register under the 6th district by using Syndication's address (Box 503, Damascus, Maryland, 20872) and help promote Syndication's political influence in the Alternative Energy Industry and with our Senator's Barbra Mikulski and Ben Cardin, and Congressmen Roscoe Bartlett. Register at: http://www.pickensplan.com/virtualmarch. 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.