Some recent news if anyone is following this thing but me...
Swan Group of Companies Inc.: SWAN GROUP OF COMPANIES, INC. ANNOUNCES NEW TRADING SYMBOL: SWNG
Swan Group of Companies Inc. / Restructure of Company
Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Farmington, USA/Frankfurt am Main, Germany, 19. September 2008 - On July 2,
2008, the SWAN Group of Companies, Inc. (the 'Company' or 'SWAN Group';
OTC: SWNG) was issued the new trading symbol of SWNG, ISIN no.
US8696681035.
In August 2008, the SWAN Group retained American corporate legal firm of
Chachas Law Group P.C., as corporate counsel and has instructed this firm
to prepare the Company for the American OTC market, together with all
required documentation including the necessary Information Statement (Form
15c2-11).
The SWAN Group of Companies, Inc. is a private equity and venture capital
corporation with special focus on projects in the media sector. The Company
is primarily active in the USA and Europe and supports new companies in the
founding and expansion of their business up to and including going public.
The SWAN Group of Companies, Inc. takes further pleasure in announcing its
recent acquisition of the German media company MBO GmbH. The integration of
this company, active since 1993, will expand SWAN’s field of activities by
the addition of the fastest growing new segment of Internet Platform TV
(IPTV). The German company has its own multimedia studio just outside
Frankfurt am Main and is currently engaged in setting up a mobile studio
unit for use in the Venture Business TV sector.
IR and PR work is in progress in the IT and IPTV sectors for new companies
requiring a platform in order to present themselves to the public, as well
as for companies that have already received a stock market listing or
quotation. The takeover increases the Company’s own balance sheet volume by
approx. Euro 1.5 million.
The Company further announces its collaboration with Target Publishing,
Inc., of Deerfield, FL, USA. Target Publishing, Inc. commands a global
investor relations network with a database of more than 100 million venture
and risk capitalists, which will soon be put at the Company’s disposal.
Contact:
Phone: +49-69-489-876 33
Email: mlb@swangroup.us
Michael L. Berresheim
Fax: +49-69-489-876-99
SWAN Group of Companies, Inc.
Hanauer Landstraße 187-189
60314 Frankfurt am Main
+49 69 48 987633
+49 172 6195036
