Red Branch Technologies Announces Corporate Update From Its Chairman
01 Avril 2011 - 3:00PM
Red Branch Technologies, Inc. (Pink Sheets:RBTI) announced today a
corporate update from its Chairman of the Board, R. Paul Gray:
Dear Fellow shareholders,
I want to provide you an update on the Company's progress as we
continue to move forward in 2011.
We have provided accurate, current and complete financial
information available on Pink Sheets and we have also made full
disclosure of our financial standing meaning we continue to be
recognized as a fully transparent company by Pink Sheets and the
OTC markets along with the investment community at large.
This takes hard work and preparation but we believe it is
essential to our company as a public entity. In addition, this
fully reporting status brings new opportunities to our table which
we plan on fully exploring.
As we previously announced, our intention to acquire a stake in
Forza Global Partners, LLC. is progressing. With core
competencies in areas such as global professional security services
and programs support to government and corporate clients, advanced
electronic and mechanical security design and application and
complete licensing and value added reseller agreements worldwide we
are as enthusiastic as ever to work with them. The expertise
in the aforementioned areas will give us an advantage we have not
had until now but plan on maximizing through a multitude of
strategic liaisons.
Forza Global Partners has stood with us side-by-side through
this time-consuming but very worthwhile process of enhancing our
corporate transparency and visibility. We truly believe this
will strengthen the connection between our two companies. We
also anticipate announcing the completion of this transaction
soon.
We fully understand that communication between the executive
level of our company and our trusted shareholders is vital as we
build Red Branch Technologies. We will continue to issue
updates as new information becomes available. We also
anticipate we will be issuing more updates in the form of press
releases in the near future.
I also want to thank you, as shareholders, for standing by us in
a difficult time in the market. Although there is much uncertainty
in the economy, I believe that if we continue to provide
sustainable-energy-powered solutions to our targeted customers
while developing meaningful synergistic partnerships such as the
one with Forza Global Partners, we will successfully evolve into a
viable company throughout 2011 and beyond.
Our focus is true and we are as committed as ever to increasing
not only the transparency of our company but to building
shareholder value. Thank you once again for taking this
exciting journey with us!
Sincerely,
R. Paul Gray
Chairman of the Board
More detailed information can be found at
www.RedBranchTech.com.
Safe Harbor: This letter contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended, which are intended to be covered by the safe
harbors created thereby. Investors are cautioned that all
forward-looking statements involve risks and uncertainty, including
without limitation, the ability of the Company to successfully
implement its turnaround strategy, changes in costs of raw
materials, labor, and employee benefits, as well as general market
conditions, competition and pricing. Although the Company believes
that the assumptions underlying the forward-looking statements
contained herein are reasonable, any of the assumptions could be
inaccurate, and therefore, there can be no assurance that the
forward-looking statements included in this letter will prove to be
accurate. In light of the significant uncertainties inherent in the
forward-looking statements included herein, the inclusion of such
information should not be regarded as representation by the Company
or any other person that the objectives and plans of the Company
will be achieved. In assessing forward-looking statements included
herein, readers are urged to carefully read those statements. When
used in the Annual Report on Form 10-K, the words "estimate,"
"anticipate," "expect," "believe," and similar expressions are
intended to be forward-looking statements.
CONTACT: Investor Relations
David Donlin
Cervelle Group
407-299-2377
Red Branch Technologies (CE) (USOTC:RBTI)
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