SkyBridge Technology Group Inc. (SKGO) USA Targeted Merger Update
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Press Release Source: SkyBridge Technology Group Inc. (SKGO) On Monday December 7, 2009, 1:18 pm EST
TORONTO, Dec. 7 /PRNewswire-FirstCall/ - Further to the issuers November 18 2009 news release SkyBridge Technology Group Inc. (SKGO) is providing its followers and shareholders with a brief update vis a vis general business matters and the pending merger.
The company continues with its negotiations with a USA based "green energy" company. This is a company with great potential in the green energy sector. This company maintains presence in Florida and New York. Its marketing plan mission is to brand its product into a household name. The company plans to accomplish this with a large media campaign starting with the United States. At present time they are shooting footage to be shown on several television networks.
The company is also talking to some of the largest celebrities in Hollywood about its mission. The company feels with the help of some of the Stars it can get our word out faster and much more efficiently than just an infomercial and some television ads. SKGO management and its advisors continue working out the details with the USA green energy targeted Merger Company, and should be in a position to make the formal announcement shortly.
A China based second operating subsidiary remains an available option and a possibility for SKGO as well.
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Information in this news release may contain statements about future expectations, plans, prospects or performance of SkyBridge Technology Group Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. SkyBridge Technology Group Inc. cautions you that any forward-looking information provided by or on behalf of SkyBridge Technology Group Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SkyBridge Technology Group Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SkyBridge Technology Group Inc.'s control. In addition to those discussed in SkyBridge Technology Group Inc.'s press releases, public filings, and statements by SkyBridge Technology Group Inc.'s management, including, but not limited to, SkyBridge Technology Group Inc.'s estimate of the sufficiency of its existing capital resources, SkyBridge Technology Group Inc.'s ability to raise additional capital to fund future operations, SkyBridge Technology Group Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SkyBridge Technology Group Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SkyBridge Technology Group Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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