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 Syndication Inc. - SYNJ
Seems to be getting a little attention and starting to show signs of breaking out. Nice levels here, end of day showed pretty light offers, bullish indicators and money flow.
Syndication Inc. Board of Directors Authorizes the CEO to Rescind 300 Million Shares of the Company's Common Stock to Treasury
2009-02-25 11:34 EST - News Release
DAMASCUS, Md., Feb. 24 /PRNewswire-FirstCall/ -- Syndication Inc., , reports that on February 25th 2009, The BOD of Syndication authorized the CEO to take the necessary steps to rescind 300 million issued and outstanding shares of the Company's Common Stock to the Treasury. The Company maintains that the action taken by the Board is one of many that embrace a comprehensive Company Capitalization Policy designed to increase equity valuation, enhance the potential for equity investment, discourage short trading activity and, most importantly foster a longer term investor attitude.
Other then the reverse split of the Company's common stock initiated last year on November 6th 2008, the Company currently has no intention or plans to do another at any time in the near future. The Company indicates that as of February 18th 2009 the estimated issued and outstanding non-restricted tradable float was just shy of 658 million shares. "The reverse split, pending Stock Dividend and stock rescission are all strategies designed to set up the capitalization structure of the Company in a way that best promotes the potential for the increased valuation of our Company's stock in the trading markets. However, and more importantly, the actions taken by the BOD are intended to reward our shareholders for their continued interest and support while establishing policy designed to encourage a longer term investment position. It is my position, depending on the results and reception of this first Stock Dividend, to recommend that the Board consider establishing policy that routinely pays a dividend of this type on a consistent and timely basis," said Sorrentino, the CEO of Syndication. The Company indicates that more news on the pending dividend, our green energy development and the Sy-Med Spinal Decompression Division is pending.
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Re: Syndication Inc. - SYNJ
The stock closed up today at .0004 on 483 million shares traded. The total float on this right now as per their press release is 658 million, this means a good majority of the float has traded today alone and for the price represents a significant risk reward ratio to the bullish side.
One to watch for sure in my opinion.
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Re: Syndication Inc. - SYNJ
Synj volume so far is good.
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Re: Syndication Inc. - SYNJ
Volume was decent, the whole thing here is the fact that it is cleaning out and could be a potential big winner for the board. Current entry at .0003 seems decent for positioning.
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Re: Syndication Inc. - SYNJ
i agree got some 0003's today
Disclaimer - All signatures are purely my own opinion and should not be interpreted as buy and sell signals. It is the responsibility of the reader to do their own DD and choose when to pull the trigger. As always good luck and happy trading.
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Re: Syndication Inc. - SYNJ
Nice! I think that is going to turn out to be a very nice buy. Looked pretty thin on the offers late in the day, breakout point is .0005 so we shall see.
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Re: Syndication Inc. - SYNJ
NEWS:
Syndication Inc. Board of Directors Declares a 5% Common Stock Dividend; Declaration Date March 1st, 2009
2009-03-02 00:01 EST - News Release
DAMASCUS, Md., March 2 /PRNewswire-FirstCall/ -- Syndication Inc., , reports that on March 1st, 2009, the BOD of Syndication voted to approve a 5% Restricted Common Stock Dividend for all shareholders of record as of 60 days from the date of March 1st, 2009, (Official Record Date is April 29th, 2009). On this date, (April 29th, 2009), the shareholders of record will receive a restricted stock dividend equivalent to 5% of their recorded shareholdings. The shares will be restricted for a period of 1 year and will be eligible for free trading on that anniversary date.
"I am excited that the board has ratified this action and grateful that the Company can do this for its strongest supporters. It is the intent of the Company to reward our shareholders for their continued interest and support, as well as establishing policy designed to encourage a long term investment posture. It is my position, depending on the results and reception of this first Stock Dividend, to recommend that the Board consider establishing policy that routinely pays a Stock Dividend of at least 1% on a quarterly basis," said Sorrentino, the CEO of Syndication. The Company indicates that more news on the developments in the green energy program and the Sy-Med Spinal Decompression Division are pending.
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 Re: Syndication Inc. - SYNJ
been following this every day , if it doesn't breakout and run soon, very soon , I will discount any possibles here !! mm's, traders or whoever is concerned with this stock should change scenario !!! not very often am I for posting negative info , but am not happy with everything I have found when doing DD !!!!
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 NEWS - ALERT $$$$ - Syndication Inc. Announces Web Sites Go Live; CEO Reminds Shareholders of the 5
Syndication Inc. Announces Web Sites Go Live; CEO Reminds Shareholders of the 5% Common Stock Dividend; Own the Stock by 4:00 PM EDT, April 29th 2009 and You Will Receive the Dividend
4/29/2009 9:54 AM - PR Newswire
DAMASCUS, Md., April 29, 2009 /PRNewswire-FirstCall via COMTEX News Network/ --
Syndication Inc. (Pink Sheets: SYNJ). The CEO would like to invite all interested parties and shareholders to go to;
For; Syndication Inc.;
Syndication - Spinal Decompression and Disc Centers of America
For; Sy-Med Chiropractic and Spinal Decompression Centers;
Sy-Med Chiropractic & Spinal Decompression Centers
The Company indicates that 'Adventure Web Productions,' a Baltimore, Maryland based award winning full service custom marketing and software development firm that has been engaged by Syndication to handle product branding and the marketing of Syndication, Pinnacle Energy and its Spinal Decompression Division has gone live with phase one of Syndication Inc. and Sy-Med Chiropractic Web Sites today, (April 29th, 2009). The site hi-lights Syndication Inc. the parent Company and Sy-Med Decompression however, due to the sensitive nature of the developments currently under way, 'Pinnacle Energy' is listed as 'coming soon'. When the CEO was asked to comment on the developments of the Pinnacle Energy division he stated, "NO COMMENT. The Company's legal team, headed by Rich Rossi and the law firm of 'Capital Keys', ?CapitalKeys | Home | Firm Profile | Services | Results | Executive Team | Clients | In the news | Contact Us ? , has been engaged to handle Pinnacle's matters. Until they officially authorize the release of news related to Pinnacle I will not comment. I'm not allowed to recommend," said Sorrentino the CEO of Syndication Inc.
The CEO would like to remind and reinforce the shareholders of the pending RECORD DATE for the 5% dividend that is to be paid on all shares owned as of the record date 'APRIL 29th 2009'. For clarification, the record date allows all persons to buy the Company's Common stock up until the market close, (4:00 PM, EDT) April 29th 2009. If the shareholder is of record as an owner of the stock at that time, he will be paid a 5% Common Stock Dividend on his/her or entity's shares. The Company indicated that further news is pending.
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.
New Contact Information; Syndication Inc., Brian Sorrentino Phone # 888-422-5515
For all mail correspondence; Box 503, Damascus, MD 20872
SOURCE Syndication Inc.
Syndication - Spinal Decompression and Disc Centers of America
Copyright (C) 2009 PR Newswire. All rights reserved
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SYNJ Biodiesel potential valuation is 0.0465 cents per share without taking in account the catalyst
SYNJ Biodiesel potential valuation is 0.0465 cents per share without taking in account the catalyst factor of govt fundings or any income from the spinal decompression division .
based on the Business production plan of SRE
alternative energy company, provider of alternative energy, environment protection, biodiesel fuel production, solar energy, wind energy, biofuels, renewable energy sources, Sentinel Renewable Energies
SRE plan is to build in 2009 2 facilities in Williamsburg County, SC and Baltimore County, MD
of 2.6 million gallons in production capacity each
and to open these facilities in summer 2009 and extend their capacities to 10.4 million gallon each over the next 18 months
a Potential Current Valuation for SYNJ with 5.2 million gallon production from 2 plants:
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2.6 MILLION gallons x 2 =5.2 million gallons of production
starting summer 2009
with a biodesel price 2.20$ per gallon
SYNJ revenues :11.44 million $
using a basic and conservative 25% profit margin to consider for Net Income to include "all" Expenses for keeping this valuation simple to reflect Net Income as:
11.44 x 25% =2.86 million dollars net income
and as we know : Net Income ÷ OS = EPS
so 2.86 million $ / 931 million shares OS =0.0031 EPS
with 15 Conservative P/E Ratio x 0.0031 = 0.0465 per share
of course those numbers are not taking in account the increase of the production to 20.8 million gallon over the next 18 months !!!!do the math
SYNJ could go to 0.25 & more by then ~
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