Replies to post #113190 on Day Tradexchange Inc. (SYNJ)

[risktaker77]

If something was going on we would have been informed by now...According to the last pr (from sept) it will only be a couple of weeks until we hear something. *sigh*. Lmao

[The GidDy uP Kid]

DAMASCUS, Md., Sept. 21, 2010 (GLOBE NEWSWIRE) -- Syndication Inc., (Pink Sheets:SYNJ - News), announced that the Board of Directors has narrowed the many options of qualified warehouse plant locations down to four. Each meets the OSHA and minimum 30ft height x 25,000 square foot project requirements and is priced at about $150,000. However, the Board is exhausting all efforts to negotiate the terms on one of the properties that is priced considerably higher but, offers unique leverage. It is a 7 acre property that has four independent 25,000 sq. ft. qualified warehouses on site. Of which two of the warehouses are currently leased for storage on a month to month bases by a regional sized food company. It is the intent of the Board to convert the existing agreement from month to month to a long term 5 year lease that is bankable and can be collateralized under traditional banking requisites. This property is listed at approximately $500K and would demand a substantial commitment of the Company's present available capital assets.