NVAE SHARE STRUCTURE/RECENT NEWS AND LAST Q REPORT
TOTAL ASSETS $1.4 MILLION DOLLARS
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NVAE) Savanna East Africa Housing, Healthcare and Technology Development Updates to Be Featured in Upcoming CEO Webcast
DALLAS, TX, May 12, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc. (PINKSHEETS: NVAE) recently announced the Company has scheduled an update Webcast from CEO Randell Torno for release next Tuesday, May 17th. The purpose of today's announcement is to highlight key topics to be featured in the upcoming Webcast.
Savanna East Africa is currently pursuing several business lines in East Africa, initially in Kenya. Among these pursuits are the housing market, healthcare industry, and technology sector. Progress to acquire and develop assets to support Company objectives within all three business lines will be featured in the upcoming Webcast. The Webcast will be posted to the corporate website www.savannaea.com and emailed to the corporate opt-in email database upon release.
Separately, a recent Webcast conducted by Mr. Torno discussing next steps on a prospective 200 unit public housing project as well as a potential university youth hostel project in Kenya is currently available at www.savannaea.com.
(NVAE) Savanna East Africa Schedules CEO Update Webcast
DALLAS, TX, May 10, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today announced that the Company has scheduled an Update Webcast from CEO Randell Torno for release next Tuesday, May 17th. The Webcast will be posted to the corporate website www.savannaea.com and emailed to the corporate opt-in email database upon release. Savanna East Africa is currently pursuing several business lines in East Africa, initially in Kenya. Among these pursuits are the housing market and healthcare industry. Recently, Mr. Torno also conducted a Webcast, available at www.savannaea.com, to discuss next steps on a prospective 200 unit public housing project as well as a potential university youth hostel project in Kenya.
Separately, Savanna East Africa announced that its corporate information has been updated on the OTC Markets website, www.otcmarkets.com. Savanna East Africa is an SEC reporting company that is up-to-date in its quarterly and annual reporting requirements and is in the 'OTCQB' market tier of the OTC Markets, a tier that indicates the Company is current in their reporting obligations with the SEC. Savanna's fiscal year end is June 30th and the Company's latest periodic report filed on Form 10-Q with the SEC provides quarterly results for the period ended December 31, 2010. It should be noted that the "Latest Report" line item under the OTC Markets' NVAE 'Company Profile' which references the last report being from 2008 refers strictly to OTC Market's Disclosures and does not reflect annual and quarterly reports filed with the SEC. The Company's SEC periodic financial reports and other corporate filings can be found: by clicking on the 'Financials' tab under the Company's OTC Markets' profile and scrolling down to SEC filings; by going to the SEC's website, www.sec.gov; or by going to Savanna's corporate website, www.savannaea.com, and clicking on the "Investors" tab.
(NVAE) Savanna East Africa Corporate Profile on OTC Markets Website Updated to Reflect Fully Reporting OTCQB Status
DALLAS, TX, May 06, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today announced that the Company's corporate information has been updated on the OTC Markets website, www.otcmarkets.com. Included among the updated information is a current list of company officers, including recently appointed CEO Randell Torno. Savanna East Africa is an SEC reporting company that is up-to-date in its quarterly and annual reporting requirements and is in the 'OTCQB' market tier of the OTC Markets, a tier that indicates the Company is current in their reporting obligations with the SEC. Savanna's fiscal year end is June 30th and the Company's latest periodic report filed on Form 10-Q with the SEC provides quarterly results for the period ended December 31, 2010. It should be noted that the "Latest Report" line item under the OTC Markets' NVAE 'Company Profile' which references the last report being from 2008 refers strictly to OTC Market's Disclosures and does not reflect annual and quarterly reports filed with the SEC. The Company's SEC periodic financial reports and other corporate filings can be found: by clicking on the 'Financials' tab under the Company's OTC Markets' profile and scrolling down to SEC filings; by going to the SEC's website, www.sec.gov; or by going to Savanna's corporate website, www.savannaea.com, and clicking on the "Investors" tab.
Savanna East Africa is currently pursuing several business lines in East Africa, initially in Kenya. Among these pursuits are the housing market and healthcare industry. Savanna CEO Randell Torno has conducted a recent Webcast to discuss next steps on a prospective 200 unit public housing project as well as a potential university youth hostel project in Kenya. The Webcast is available for on-demand viewing at the corporate website www.savannaea.com.
(NVAE) Savanna East Africa Targets Underserved Condom Industry in Kenya as Government Appeals to U.S. Funding to Cover Critical 45 Million Condom Shortage Over Next Two Months
DALLAS, TX, Mar 29, 2011 (MARKETWIRE via COMTEX) -- Savanna East Africa, Inc. (PINKSHEETS: NVAE) (OTCQB: NVAE) today highlighted the current condom shortage in Kenya. Last year, as part of its updated corporate strategy to pursue several business lines in the growing economy of East Africa, Savanna began developing a condom manufacturing capacity in Kenya. Savanna has been working to complete an acquisition of a condom manufacturing plant already under construction. The demand for condoms has risen in Kenya due to recent campaigns promoting condom use. Additionally, while some condoms are still available through the private sector, 75% of condoms used in Kenya are distributed by the government. Last week, Kenya's government made an appeal to the U.S. government for emergency funding for 45 million condoms over the next two months In some cases, delivering condoms to rural areas has also been a challenge due to infrastructure issues. Look for more updates from Savanna in the coming months.
Prospective Housing Project
In addition to pursuing the heathcare products industry in East Africa, Savanna is actively pursuing the housing market. Savanna CEO Randell Torno recently conducted a Webcast to discuss next steps on a prospective 200 unit public housing project as well as a potential university youth hostel project in Kenya. Additionally, Mr. Torno recently met with Kenya's National Housing Corporation (NHC) to further refine the development of these initiatives. Earlier this year, Savanna and NewMarket hosted meetings in New York City with Kenya's Ministry of Housing and the NHC. NHC's mission is to provide safe, affordable and sustainable living accommodations for Kenyans who are today without adequate housing. To learn more about Savanna's housing initiatives in Kenya and the business opportunity, listen to the on-demand Webcast available now at www.savannaea.com.
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