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SKGO - News out...

24/02/2010 6:54:00 AM - News Release

BUFFALO, NY, Feb. 24 /PRNewswire-FirstCall/ - SkyBridge Technology Group, Inc. (SKGO;http://www.skybridgetechgroup.com/) Shot in the Gas (SITG) division met with a patent holder to discuss the possible acquisition of a new eco-patent.

SITG wants to become more than an environment-friendly company for petroleum based products, and plans to develop a range of eco-products that will turn SITG into a well-rounded eco-company with products for various fields. To accomplish this goal, the company representatives met with the patent holder about possible patent acquisition. The patent regards to the conversion of brackish water into drinking water. Brackish water is saltier than fresh water, but holds less salt than the seawater. Brackish water can be found in river deltas and estuaries (partly enclosed coastal bodies of water such as lagoons, marshes, etc.).

"We intend to turn Shot in the Gas into a company with many eco-faucets, and this negotiation is one of our first steps in this direction. This technology has tremendous potential in coastal regions of the world where the seawater often taints the drinking resources, creating serious problems especially in the developing countries. As SITG gazes more towards the global market, we explore these sorts of synergistic market opportunities to keep us on track with the current eco-technologies market." said Jeff Burns, the President of SITG.

In other company news one of the two stainless steel merger candidates will be announced later this week on IR company web site section "CLIENT SUPPORT" TAB http://www.minamargroup.net/ or this direct link http://minamarmarketinggroup.helpserve.com/ or Pink Sheets filing service.

The company reminds our shareholders and followers to monitor PinkSheets.Com Filing Section and also our IR company web site section "CLIENT SUPPORT" TAB http://www.minamargroup.net/ or this direct link http://minamarmarketinggroup.helpserve.com/ for further updates on this and other business matters. Non-newsworthy events are not press released however posted on these two separate support sites to keep our followers advised of day-to-day events. For any matters relating to retail investor queries or to send us the company directly a message please click on the "INVESTOR SUPPORT" TAB or this direct link www.minamargroup.net/helpdesk.

Filings for this event are currently being reviewed and will be filed with Pink Sheets and Client Support Section in due course. To be included in company's email database for press releases, industry updates, and non-weekly activity at the company that may or may not be news released, please subscribe or opt in mailer at www.minamargroup.com/updates.


Safe Harbor Statement


Information in this news release may contain statements about future expectations, plans, prospects or performance of SkyBridge Technology Group Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. SkyBridge Technology Group Inc. cautions you that any forward-looking information provided by or on behalf of SkyBridge Technology Group Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SkyBridge Technology Group Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SkyBridge Technology Group Inc.'s control. In addition to those discussed in SkyBridge Technology Group Inc.'s press releases, public filings, and statements by SkyBridge Technology Group Inc.'s management, including, but not limited to, SkyBridge Technology Group Inc.'s estimate of the sufficiency of its existing capital resources, SkyBridge Technology Group Inc.'s ability to raise additional capital to fund future operations, SkyBridge Technology Group Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SkyBridge Technology Group Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SkyBridge Technology Group Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.


CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, http://www.minamargroup.net (IR); For (M&A) and Corporate Matters, http://www.minamargroup.com


SOURCE SkyBridge Technology Group Inc.