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Thursday, April 23, 2009 11:27:01 PM
News Article downloaded from - http://www.bioportfolio.com on Friday, April 24, 2009
Read Syndication Inc. CEO asks Board of Directors to Consider Routine Quarterly Stock Dividends on
BioPortfolio.com
(http://www.bioportfolio.com/news/Syndication_Inc._CEO_asks_Board_of_Directors_to.html)
Syndication Inc. CEO asks Board of Directors to
Consider Routine Quarterly Stock Dividends
Thursday 26th of February 2009 10:34
'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.
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