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Social Detention Inc. (SODE) Subsidiary Awarded New $687,000.00

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Golden_Cross Member Level  Tuesday, 02/18/20 07:05:09 AM
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Social Detention Inc. (SODE) Subsidiary Awarded New $687,000.00 Contract and Completes $428,000.00 Contract
Press Release | 02/18/2020
ALAMO, CA, Feb. 18, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Social Detention Inc. SODE, recently announced that its subsidiary has been awarded a new $687,000.00 building contract for a Public Parks District. In addition, the subsidiary has completed a $428,000.00 upgrade to a City Building. Both projects are government owned and located in Northern California. The completed project will contribute to 2020 Q1 Revenue and the new project will contribute to 2020 Q1, Q2 and Q3 Revenue.

Robert Legg, President and CEO of Social Detention Inc., recently stated, “We are off to a strong start in Q1 with our new award and putting another completed project under our belt. As we grow we are adding customer references, building supplier relationships and cementing our brand in the industry. The market for our services continues to grow as the economy is hitting on all cylinders. We see no challenges or obstacles for monumental market share growth but we will stay committed to outstanding execution and seeking low risk/high reward opportunities. With our growth and track record, we have been able to attack larger projects that have less competition as the smaller companies are not capable of performing them. Lastly, as we attack 2020 and beyond, we are committed to providing more updates on our progress to the investor public. We look forward to sharing some of the amazing things we are working on in the very near future.”

Except for historical information, this news release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve unknown risks, and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that might cause such differences are discussed in the Company's filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results could differ materially from those anticipated in these forward-looking statements, if new information becomes available in the future.


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