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Thursday, January 14, 2010 11:12:55 AM
PR Newswire 11:06 am January 14, 2010
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Show Headlines(New CEO to Skybridge Technology Group, Inc Address)
HENDERSON, NV, Jan. 14 /PRNewswire-FirstCall/ - Skybridge Technology Group, Inc.'s (SKGO; http://www.skybridgetechgroup.com) new management would like to address several issues regarding the recent merger developments, and share updates on company's Pink Sheets', administrative and financial standing with the shareholders.
(The new CEO to Skybridge Technology Group, Inc.,) The president and CEO of Shot in the Gas, Jeffrey Burns, said, " SkyBridge Technology has successfully merged with Shot in the Gas and we are ready to finalize our merger with Sanhe Thech, the 'plastic wood' manufacturer; with our agents scheduled to arrive in China this week. This is all great news for the shareholders as SKGO approaches a new dawn, we have worked hard to clear out all that held us in the dark, and the company wants to update the public on the company's administrative, Pink Sheets' and financial standings.
We are happy to announce that we have arranged funding for SKGO. We are in the final stages of our, Pink Sheets current review with our Adequate Disclosure (AD). SKGO doesn't expect any problems regarding this issue. The company is also completing all the required filings to achieve full transparency with Pink Sheets.
Further, we actively negotiated the settlement of all debts accumulated by previous managements that operated different business models under SKGO symbol. SkyBridge technology intends to clear these debts in good time by utilizing non-toxic financing. We have entered a new era of growth and we wish to keep in good standing with the authorities and investors.
Also, in our efforts to promote SKGO and its exciting environmental business model, we are happy to announce that we have launched the new SkyBridge website, http://www.skybridgetechgroup.com/, that will list information on all our activities and subsidiaries, and we invite all investors, present and potential, to review our solid business model and future plans for our enterprise. We are currently working to improve the www.shotinthegas.com website as well.
The company will keep shareholders informed about the progress on the aforementioned issues and all new developments within the company on a timely basis.
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