Friday, May 20, 2011 9:46:34 AM
May 20, 2011 (Close-Up Media via COMTEX) -- Savanna East Africa, Inc.'s
corporate update Webcast was released May 17 from ! CEO Randell Torno and
highlights the return on investment (ROI) potential of the Company's small and
medium enterprise (SME) sector strategy to add housing, healthcare and high tech
capacity within developing economic regions.
The Company is focused on pursuing these three business lines in East Africa,
initially in Kenya. Savanna East Africa reported that the webcast also featured
an update on progress to acquire and develop assets to support Company
objectives within all three business lines. The Webcast will be posted to the
Company's corporate website, savannaea.com, and emailed to the corporate opt-in
email database upon release.
Savanna East Africa recently announced that the Company's corporate information
has been updated on the OTC Markets website, otcmarkets.com. Included among the
updated information is a current list of company officers, including recently
appointed CEO Randell Torno. Savanna East Africa is an SEC r! eporting company
that is up-to-date in its quarterly and annual rep orting requirements and is in
the 'OTCQB' market tier of the OTC Markets, a tier that indicates the Company is
current in their reporting obligations with the SEC. The Company said
that Savanna's fiscal year end is June 30th and the Company's latest periodic
report filed on Form 10-Q with the SEC provides quarterly results for the period
ended Dec. 31, 2010. It should be noted that the "Latest Report" line item under
the OTC Markets' NVAE 'Company Profile' which references the last report being
from 2008 refers strictly to OTC Market's Disclosures and does not reflect
annual and quarterly reports filed with the SEC.
More Information:
www.savannaea.com
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