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Replies to post #10240 on Salamon Group, Inc. (fka SLMU)
JustJack
04/05/11 10:12 AM
#10246 RE: Noshad #10240
Salamon Group provides final progress report on closing of merger Financial Audits and Legal processes near completion Modesto, California and Kelowna, BC – March 3rd, 2011 Salamon Group Inc. (OTCBB: SLMU.OB), today announced that it is in the final stage of the acquisition of the Sunlogics Power Management Fund Inc. “Audits are in the process of being completed ” said Michael Matvieshen, CEO of Salamon. “While we acknowledge that we had set expectations for February 28th as the last date for closing, it is prudent to reassure all stakeholders that, in our opinion, there are no apparent obstacles to the expected finalization of the merger by April 5th, 2011.”