Syndication Inc. Announces McCutcheon Marshall Jr. as President and Chairman of the Board for Pinnacle Energy
June 05 2009 - 8:27AM
PR Newswire (US)
DAMASCUS, Md., June 5 /PRNewswire-FirstCall/ -- Syndication Inc.,
(Pink Sheets: SYNJ), 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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