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Re: locksmith123 post# 60835

Friday, 07/24/2009 9:50:34 AM

Friday, July 24, 2009 9:50:34 AM

Post# of 127409
Syndication Inc., (Pink Sheets: SYNJ), reports that on April 3rd, 2009 McCutcheon Marshall Jr., President and Chairman of the Board for Pinnacle Energy Inc., the wholly owned energy subsidiary of Syndication Inc., executed a Territory and Purchase Agreement with Methes Energies Canada Inc.

The agreement calls for the purchase of multiple 'Denami 600' units and excludes Methes from soliciting any engagements in the Counties of Williamsburg and Berkeley in the State of South Carolina

I would say that once Mac executed the territory and purchase agreement (not a letter of intent) the next step is finalizing financing and the merger. It is Pinnacle that has the rights to use the units and SRE who is registered in the state of SC. It is logical to assume they must get those 2 things done before paying and shipping the units and lets not forget they also have to have the land to put them on. These are big plans, big units and lots of money involved. It's not like shipping a video games to Walmart or shipping some sponges to Walgreens.
Patience is key. Look at the people involved, their credentials, and you can see these are people who all are involved with success. I think the DD done by Dragonwing should be required reading by all those who are in this stock and getting scared or nervous.
GLTA
masko

"Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment."