Syndication Inc: South Carolina State University Reveals $25 Mill DOE Grant Partnership With Sentinel Renewable Energies S.C.; CEO, Reminds Shareholders of the 2% Common Stock Dividend Record Date of Oct. 19th 2009
2009-10-07 09:16 ET - News Release
DAMASCUS, Md., Oct. 7 /PRNewswire-FirstCall/ -- Syndication Inc., , reports that McCutcheon Marshall Jr., President and Chairman of the Board for Sentinel Renewable Energy S.C. Inc. and Pinnacle Energy Inc., the wholly owned energy subsidiary of Syndication Inc. stated that, "from the very beginning of the project we planned to aggressively exploit the government financing earmarked by the Obama administration for alternative energy development. In my opinion, the news released by South Carolina State University (SCSU), provides a small glimpse of the work that is going on behind the scenes and the relationships that are being developed by the Company."
The article reports that the university is seeking a $25 million federal stimulus DOE grant to produce biofuel and will be the lead organization in a consortium, along with the Penn Center, the Williamsburg County Development Board and Sentinel Renewable Energy. As quoted in the article, "The sky is the limit," interim Vice President of Research and Economic Development Dr. Leonard McIntyre says. To read the article in its entirety go to, http://www.scsu.edu/news_article.aspx?news_id=846 .
The CEO would like to remind the shareholders of the pending RECORD DATE for the 2% dividend that is to be paid on all shares owned as of the record date 'October 19th 2009'. The Company would advise shareholders to contact their brokerage house to determine their X Dividend Date. "The dividend policy of the Company is designed to increase equity valuation, enhance the potential for equity investment, discourage short trading activity and, most importantly foster a longer term investor attitude. As the growth in valuation of the Company becomes realized the dividends will become a strong attraction to new shareholders," said Sorrentino, the CEO of Syndication Inc. The Company indicates that additional announcements are pending.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Contact Information; Syndication Inc, Brian Sorrentino Phone # 888-422-5515 For all mail correspondence; Box 503, Damascus, MD 20872
SOURCE Syndication Inc.
Syndication Inc.
CONTACT: Brian Sorrentino of Syndication Inc, +1-888-422-5515
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.