Syndication Inc. Announces McCutcheon Marshall Jr. as President and Chairman of the Board for Pinnacle Energy
June 04 2009 - 2:30AM
PR Newswire (US)
DAMASCUS, Md., June 4 /PRNewswire-FirstCall/ -- Syndication Inc.,
(SYNJ.PK), reports that 17 days ago, on May 19th, 2009, the
President and CEO of Sentinel Renewable Energies Inc., McCutcheon
Marshall Jr., accepted the post of President and Chairman of the
Board for Pinnacle Energy Inc., the wholly owned energy subsidiary
of Syndication Inc. Mr. Marshall's vision is to become a worldwide
icon and leader in the alternative energy production industry. "He
is equipped with the knowledge of the industry and controls the
political cache to achieve that status," said Sorrentino, the CEO
of Syndication Inc. When asked to comment on his new appointment as
President of Pinnacle Energy, Marshall stated, "My job is to direct
the Federal and State financing in both the grant and loan
activities for the Company as well as overseeing the general
implementation of its business plan. Because of my relationship
with Pinnacle, we have been able to move forward at an accelerated
pace and achieve goals that I have been advised not to speak of at
this time. I would yield to the advice of Mr. Sorrentino, the CEO
of Syndication Inc.: 'It's best to hold our cards close to the
chest for the time being,'" said McCutcheon Marshall Jr., the
President of Pinnacle Energy Inc. When the CEO of Syndication Inc.,
Mr. Sorrentino, was asked to comment on the appointment of the new
President, he stated, "In my opinion, Mac is the best in the
country and soon to be an icon in the alternative energy production
industry, but, at this time, I don't like talking about it. Our
competition reads like this: Saudi Arabia Oil; Qatar Petroleum; Abu
Dhabi National Oil; Chevron Corporation, USA; Exxon Mobil, USA; and
the list goes on and on. In fact, in the world of energy
production, 'alternative energy' is the greatest threat to the
existing industries profit margin. In my opinion, it's also a fact
that in an effort to subsidize the ultimate shift in market
profitability, they have launched attack teams to seek out
'upstart' companies and steal their potential markets in both
financing and production capabilities. The thing that worries me
most is that they have literally billions of dollars in assets to
do it with. It is for these reasons that Mac and I have chosen not
to release news on our many accomplishments already achieved. In
the interest of my shareholders and the Company, it's best to be
quiet for just a while," said Sorrentino, the CEO of Syndication
Inc. 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. DATASOURCE:
Syndication Inc. CONTACT: Brian Sorrentino of Syndication Inc.,
1-888-422-5515,
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