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wise2u

05/10/12 9:35 AM

#39 RE: Plazmo #38

Taken from their 4/26 announcement:
The Berlin Stock Exchange or Börse Berlin AG is one of the oldest stock exchanges in Germany. The BSE has pursued a successful niche strategy since the mid-nineties, with a particular focus on trading the widest possible range of foreign stocks. With the advent of Markets in Financial Instruments Directive in Germany, in 2007 the exchange decided to realign itself completely with its new market segment Equiduct Trading. Equiduct Trading has allowed the BSE to expand its service offering, which until recently was primarily addressing retail investors, by offering custom made solutions for professional market participants.

"Dual listings, sometimes called Cross-Border listings, literally open up an entirely new world of funders, investors, liquidity and potential shareholders to a Company," said Andreea Porcelli of Continental Advisors. This dual listing will allow Southern Products to better serve its present and future European investors."

The Company believes a Dual listing on the Berlin Stock Exchange will:

Improved the Company's image, reputation and prestige as a global player;

Greatly expand the ability of the Company to raise equity or debt financing;

Increased the Company's trading volume and liquidity;

Improved the Company's shareholder relations; and

Vastly enhance the visibility of the Company among overseas investors and consumers.

About Southern Products, Inc.

Southern Products, dba Sigmac USA, is a manufacturer of quality, mid-priced flat-panel televisions and peripherals for distribution through big-box retailers in the US. The Company currently has a product line of 21 flat-panel models in production, and has entered into large-scale distribution agreements with Fry's Electronics, Target, K-Mart, Costco.com, Tiger Direct and Walmart.com for the sale of Sigmac-branded flat-panel televisions and peripherals in North America. The Company is a fully-reporting public consumer electronics company incorporated in the state of Nevada and trading on the Over-the-Counter Bulletin Board in the US (OTCBB: SNPD).

As far as the affect on the US exchange, perhaps Wealthmoney can answer. I'm afraid I'm not smart enough. All things being equal, I would say the Euro bid should be about 1.93 (2.50 USD)and the current rate about 2.43 (3.15 USD). That's based on the 1.295 exchange rate.