DAMASCUS, Md., March 31, 2015 (GLOBE NEWSWIRE) -- Syndication Inc., (SYNJ.PK), reports that on March 16th, 2015, the Company's CEO sought Board approval to finalize the terms of a project launch and material asset purchase that has been privately negotiated for the last 18 months.
The vote will finalize a broad range of resolutions including the project launch, multiple Corporate Officer and senior personnel appointments, employment compensation, Class "B" Preferred stock ownership provisions, material industry vendor partnership contracts and discretionary news release authorization. The Company reports that it will release additional news over the next couple weeks and specific details will be included in the Subsequent Events section of its next financial filing statement.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products, which we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
For all mail correspondence; PO Box 503, Damascus, MD 20872
CONTACT: Brian Sorrentino Phone #: 1-888-422-5515Source:Syndication Inc