Replies to post #12585 on STL Marketing Group, Inc. (fka STLK)

[Rich]

STL Marketing Group, Inc. (OTC: STLK) Restructures as it Completes Merger

Colorado Springs, CO— (February 6th, 2013) – STL Marketing Group, Inc. (OTC: STLK) has restructured the Company as it completes the merger with Versant Corporation. The changes in corporate structure have been duly approved, filed with the State of Colorado and updated on the OTC.

According to Jose P. Quiros, STLK’s CEO, “The restructuring of the Company is important for a few reasons, but primarily it is necessary to ensure we can raise the necessary funds to achieve our business plan. At our current Price per Share and the previous Authorized Shares, we could not raise the approximately $8,500,000 we have reported are necessary to meet the Export-Import Bank’s private equity requirement. Considering Ex-Im is funding 80% of the project’s cost, it is of paramount importance to ensure the company’s structure is able to raise the minimum amount of funds it will need.

We will not be issuing the bulk of these shares until the Company SEC registrations are completed and the Power Purchase Agreement (PPA) is achieved. Once these two milestones are met, we will analyze how to best move forward with the equity required. Our goal is to ensure our structure allows us to undertake the work that needs to be accomplished, while reducing any future share issuance to a minimum. Obviously, much of that will depend on share price at the time and we believe that waiting for the PPA will ensure the highest price per share. We base this on our internal Net Present Valuation of the expected cash flows from the PPA over the expected minimum twenty year cash flow.
It is also important to consider that the value of the wind turbine generators is expected to be in the $45,000,000 range. Once those are purchased and operating, the WTGs will be the major asset on the Company’s books. Additionally, the PPA is a long term contract that is very valuable, as it assures the Company’s sales with a great degree of certainty. We believe these two components should give the Company a good valuation, but in order to achieve this we will need to raise funds and the previous structure was not sufficient for an undertaking of the size of the project. We forecast that the key to Price per Share in the future will rely on earnings and assets and to that end we are ensuring the success of the Company’s efforts.”

About STL Marketing Group, Inc./ Versant Corporation
Versant Corporation is a subsidiary of STL Marketing Group, Inc. and a Colorado based renewable energy company seeking to develop and operate renewable energy projects. Its first proposed stage of development is focused on wind energy facilities in Costa Rica. For more information on STLK, please visit our web site at www.STLmarketingGroup.com.

Media and Investor Relations Contact
STL Marketing Group, Inc. and Versant Corporation
Phone [phone]
[e-mail]

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plan, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

This release includes additional documents. Select the link(s) below to view.

http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=1690727248

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.