Southern Trust Securities Holding Corporation Announces Continued Strong Increase in Client Precious Metals Investments
09 Décembre 2010 - 9:27PM
Southern Trust Securities Holding Corporation
("STSHC" or the
"Corporation"), a
publicly-traded holding company (OTCBB:SOHL) with subsidiaries
offering brokerage, investment banking, investment advisory, wealth
management services and metals trading, announced today that its
new and existing clients continue to have a strong interest in
precious metals investments.
Specifically, in the past 30 days, our metals business has taken
in over $4 million in new and existing client funds solely for
precious metals investments. This is a marked increase from the
prior month's $1.6 million investment. The investments have been
primarily in gold bullion, silver and palladium.
STSHC's CEO Robert Escobio commented: "We continue to show month
to month growth in client's investments in precious metals. We are
very excited about the new opportunities in our metals business
which is becoming an important part of our company's consolidated
growth plan."
About Southern Trust Securities Holding
Corp.
STSHC is a holding company offering securities brokerage,
investment banking, asset management and private wealth management
for a growing base of retail and institutional, corporate, and
high-net-worth clients primarily in Latin America and Europe,
through its subsidiaries. STSHC services include access to
international investment opportunities in the U.S. and foreign
capital markets, offshore entities for financial planning, and
cross-border transactions, including private placements, bridge
financing and reverse mergers into publicly-traded shell
corporations. STSHC operates through its subsidiaries, Southern
Trust Securities, Inc. (STS), Southern Trust Securities Asset
Management, Inc. (STSAM), Southern Trust Metals, Inc. (STM) and
affiliated Geneva-based International Private Wealth Management
S.A. (IPWM). STS is a member of the Securities Investors
Protection Corporation (SIPC), National Futures Association (NFA),
and Financial Industry Regulatory Authority (FINRA). STS
clears trades through, including precious metals, and maintains
client accounts with, Pershing LLC, a wholly owned subsidiary of
The Bank of New York Mellon Co.
Forward - Looking Statements
This press release may contain statements of a forward-looking
nature relating to future events. These forward-looking
statements are subject to the inherent uncertainties in predicting
future results and conditions. These statements reflect the
Corporation's current beliefs, and a number of important factors
could cause actual results to differ materially from those
expressed in this press release. Except as otherwise required
by federal securities laws, the Corporation undertakes no
obligation to update or revise these forward-looking
statements.
CONTACT: Southern Trust Securities Holding Corp.
Robert Escobio, Chief Executive Officer
305-446-4800
Southern Trust Securities (CE) (USOTC:SOHL)
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