Sebastian River Holdings, Inc. Moves to Highest Liquidity Tier in Over-the-Counter Markets & Provides Corporate Update
03 Octobre 2012 - 6:49PM
Marketwired
Sebastian River Holdings, Inc. (PINKSHEETS: SBRH) is pleased to
announce we have finally reached the Current Information under the
Alternative Reporting Standard outlined by OTC Disclosure and News
Service. According to OTC Markets, Inc. the securities of Pink
Sheet companies that provided current disclosure to the public
markets, either through a regulator or directly to News and
Disclosure Service, represented 95% of all the dollar volume traded
in the OTC marketplace. Per our most recent communication with OTC
Markets Issuer and Information Services; they have finished
processing our disclosure and attorney letter for the period ending
June 30, 2012 -- moving the Company to OTC Pink Current Information
tier before the next market open.
The Company is further pleased to announce they have completed
acquisition of Trading Desk operations commencing business under
our holding company beginning the first day of October 2012. With
our new Trading Desk operations, the Division will be capable of
facilitating extraordinary returns on defaulted notes due to the
convertible nature of the debentures; many of which are anticipated
to be in Default under the terms of these lending agreements in the
first Quarter of 2013. "Facilitating returns beyond the face value
of the note is very common in the market climate and proving our
own trading operations over liquidating the position to a Hedge
Fund or Investment Bank will allow us to capture significant
returns that would not be possible without these operations," said
Dan Benjamin, CEO and Chairman.
About Sebastian River Holdings, Inc.
Sebastian River Holdings, Inc. (a C-Corp formed under the Laws
and Jurisdiction of Florida), founded in 1995, is a
well-diversified holding company with a scope and experience level
unsurpassed by peer companies. Operating under three major
divisions: Corporate Equity Speculation & Financing, Business
Incubation, and Business Services, Sebastian River Holdings is a
business development centric holding company. Shareholders can now
subscribe to our Shareholder Newsletter, you will receive press
releases at the time it hits the wire and other important
shareholder announcements.
Forward-Looking Safe Harbor
This Press Release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
forward-looking statements are based on the current plans and
expectations of management and are subject to a number of
uncertainties and risks that could significantly affect the
company's current plans and expectations, as well as future results
of operations and financial condition. A more extensive listing of
risks and factors that may affect the company's business prospects
and cause actual results to differ materially from those described
in the forward-looking statements can be found in the reports and
other documents filed by the company with the Securities and
Exchange Commission and/or OTC Markets Disclosure & News
Service. The company undertakes no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
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Contact: Sebastian River Holdings, Inc. Investor Relations
Telephone: 424-258-0167 Facsimile: (424) 258-9458 Website:
http://www.SBRHInc.com Email: Email Contact
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