ADVFN Logo
Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
Southern States Sign Company (GM)

Southern States Sign Company (GM) (SOST)

0.0059
0.00
(0.00%)
Closed June 26 4:00PM

Professional-Grade Tools, for Individual Investors.

Key stats and details

Current Price
0.0059
Bid
0.00
Ask
0.00
Volume
-
0.00 Day's Range 0.00
0.00 52 Week Range 0.00
Previous Close
0.0059
Open
-
Last Trade
Last Trade Time
Average Volume (3m)
-
Financial Volume
-
VWAP
-

SOST Latest News

No news to show yet.
PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10000000CS
40000000CS
120000000CS
260000000CS
520000000CS
156-0.1942-97.05147426290.20010.9010.005919430.09499218CS
260-0.1111-94.95726495730.1170.9010.005945930.18714042CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
RGSRegis Corporation
$ 20.70
(308.28%)
44.59M
CPOPPop Culture Group Company Ltd
$ 1.809
(57.30%)
34.95M
GRDIGRIID Infrastructure Inc
$ 2.0343
(47.41%)
12.02M
VLCNVolcon Inc
$ 5.5906
(44.09%)
28.5M
BTBTBit Digital Inc
$ 3.39
(39.51%)
40.27M
HGASGlobal Gas Corporation
$ 0.41
(-58.16%)
21.1k
XAIRBeyond Air Inc
$ 0.65
(-51.49%)
11.49M
ALLRAllarity Therapeutics Inc
$ 0.2058
(-35.49%)
32.15M
NAASNaaS Technology Inc
$ 3.60
(-32.08%)
195.14k
CRKNCrown Electrokinetics Corporation
$ 3.99
(-30.55%)
1.12M
NVDANVIDIA Corporation
$ 126.09
(6.76%)
425.6M
FFIEFaraday Future Intelligent Electric Inc
$ 0.265
(-18.71%)
183.77M
GLYCGlycoMimetics Inc
$ 0.3335
(25.09%)
121.55M
SQQQProShares UltraPro Short QQQ
$ 8.39
(-3.45%)
116.53M
RIVNRivian Automotive Inc
$ 11.96
(8.63%)
102.93M

SOST Discussion

View Posts
$hellKing $hellKing 6 years ago
Not sure CEO may have taken an extra position while another resigned bc all names match to old ones some years ago. Still wondering if they will ever do anything. I think they got into trouble with one of the officers and some deal. cant rem what it was. could be wrong tho
👍️0
maddog 20/20 maddog 20/20 6 years ago
Looks like some officer changes.
👍️0
$hellKing $hellKing 8 years ago
I cant find anything either. Cant even get in touch with him.
👍️0
Big Brother Big Brother 8 years ago
I poked around this weekend but couldn't find any new info since the company went dark in 2015. I'd imagine Conte has a lot of money wrapped up in this, so he could certainly revive it, however, I just can't figure out what he's up to these days, whether CR&P is still in business or if they even still own the hotels and other assets.

Whatever the case I don't think the story is over here by a longshot, just going to have to wait for new developments at this point.
👍️0
$hellKing $hellKing 8 years ago
It looks like there was a 51k judgement due to a lending LLC against Southern States Sign Co. Right after the LLC got the judgement it dissolved and SOST went active. So looks like Conte took back over the shell? Not sure but in any case a low floater like this anything is good compared to being inactive for a few years. Maybe Conte has new plans for the stock....
👍️0
$hellKing $hellKing 8 years ago
Yeah I think I remembered liking it a lot too then just dropped and got quiet. I think the CEO got in trouble with tax evasion or something like that. I dont think it had anything to do with the actual company but his personal stuff.
👍️0
Big Brother Big Brother 8 years ago
I almost forgot all about this one, didn't realize it got reinstated a few months back.

Going to have to start watching this again and do some new digging. Years ago this was probably the most interesting and promising stock on my watchlist, I was kind of bummed it never actually got going.
👍️0
$hellKing $hellKing 8 years ago
I think everything went dark because of the CEO and some legal issues. Cant find that much on it. But Conte is on NV SOS as PRES. So maybe they found a way to revive it all and fix things. Why reinstate and pay 3 or 4k for fees? Would be nice to see some SEC filings. Would also be nice to get some end of year shares sold to cheap levels.
👍️0
$hellKing $hellKing 8 years ago
A couple of bio links



https://www.elliman.com/management-team/member/dorothy-herman/63



http://www.bloomberg.com/research/stocks/people/person.asp?personId=1476434&privcapId=45007848

http://www.bloomberg.com/research/stocks/people/person.asp?personId=224221724&privcapId=224073298

www.dottieherman.com


👍️0
$hellKing $hellKing 8 years ago
Here is some background info on them

Giancarlo Lanna

Mr. Giancarlo Lanna is Independent Chairman of the Board of Directors of Southern States Sign Co. He has practiced law since 1982. Mr. Lanna’s practice focuses primarily on the areas of business, employment and administrative law for private clients, public institutions and listed companies. Mr. Lanna currently serves as a member of the Board of Governors for the Promotion of International Commercial Arbitration and Conciliation in the Mediterranean, Vice Chairman of the Italy-China Foundation and Director for SIBAC Co Ltd., a business consulting company. From 2005 to 2012, Mr. Lanna served as Chairman of Simest SpA, a financial institution for the development and promotion of Italian enterprises abroad. Also, from 2003 to 2007, Mr. Lanna served as the Chairman of Italian System for Business SpA, a company whose aim is to promote the internationalization of Italian companies. Mr. Lanna graduated from Naples University in 1985 with a degree in law. Mr. Lanna was appointed Chairman and Director of the Company in November 2012.

Sergio Schisani


Mr. Sergio Schisani is Chief Executive Officer, Principal Financial Officer and Director of Southern States Sign Co. He served as the General Manager of Torre SGR, a Real Estate Investment Trust, since 2006, prior to joining the Company. Torre SGR is owned by the Fortress Group, a private equity firm with more than € 3 billion in assets under management. As General Manager of Torre SGR, Mr. Schisani helped facilitate the REIT’s investment in 17 properties with a total market value of € 550 million. Mr. Schisani graduated from the University of Rome in 1979 with a degree in engineering. Mr. Schisani was appointed Chief Executive Officer, Principal Financial Officer and Director of the Company in April 2013.


Joseph Benoit


Mr. Joseph Martin Benoit is appointed as Director of Southern States Sign Company effective July 8, 2014. Mr. Benoit has been a director of Retail Real Estate Consultants Srl since October 2007. From 1995 to June 2006, Mr. Benoit was a commercial real estate consultant / retail specialist with the firm of Gallivan Company, and from January 1990 – December 1994, he was Vice-President of Cottage Realty Services, Inc. Mr. Benoit received his Diploma from Classical High School of Springfield, Massachusetts in 1981, a Massachusetts State Real Estate Broker’s License in 1995, and an Italian Broker’s License in 2007.


Charles Gargano


Mr. Charles Gargano is Independent Director of Southern States Sign Co. He served as Chairman and Chief Executive Officer of the Empire State Development Corporation and Vice-Chairman of the Port Authority of New York and New Jersey from 1995 to 2007. He was appointed to these positions by Governor George Pataki. Mr. Gargano has spent more than 20 years in public service at the Federal and State level, serving under two presidents as well as the administration of Governor Pataki. He has an MBA and Bachelor's degree in Civil Engineering from Farleigh Dickinson University, as well as a Master's degree in Civil Engineering from Manhattan College. Mr. Gargano has also received four Honorary Doctorate Degrees and holds professional engineering licenses in New York, New Jersey, Connecticut, Oklahoma and Vermont. Mr. Gargano was appointed Director of the Company in November 2012.


Dorothy Herman


Ms. Dorothy Herman is Independent Director of Southern States Sign Co. She is the Chief Executive Officer of Prudential Douglas Elliman, a real estate brokerage company, which is New York’s largest residential brokerage, with over 4,000 real estate professionals and 675 employees working in more than 70 offices. Ms. Herman also controls a portfolio of real estate services, including commercial and retail leasing and sales services, relocation and settling-in services, new development and consulting services, property management services, PDE Title service and mortgage services as provided by DE Capital Mortgage. Ms. Herman began her real estate career in Long Island where she purchased Prudential Long Island Realty in 1989. After turning DE Capital Mortgage into a major brokerage operating in Long Island and the Hamptons, Ms. Herman purchased Douglas Elliman, one of Manhattan’s largest brokerage firms, with her partner Howard Lorber in 2003. Since 2003, Prudential Douglas Elliman has become one of the largest and fastest-growing real estate firms in New York as well as South Florida. Mrs. Herman was appointed Director of the Company in November 2012.


Marco Milli


Mr. Marco Milli is Independent Director of Southern States Sign Co. He currently runs his own legal practice in Rome and has more than 15 years of experience in academia as a professor and visiting professor in various Italian and European universities. Mr. Milli currently serves as a director at the Fondazione Banca Nazionale delle Comunicaziono, or the BNC Foundation, whose mission is to provide funding for studies, projects, actions and initiatives in various areas such as volunteering, philanthropy, charity, environmental protection and quality and art conservation and enhancement of cultural heritage. Mr. Milli graduated with a degree in law from the University of Rome “La Sapienza.” Mr. Milli was appointed Director of the Company in November 2012.





http://www.reuters.com/finance/stocks/companyOfficers?symbol=SOST.PK





👍️0
$hellKing $hellKing 8 years ago
Wow I never actually read that PR. Looks like some top executives were added as Directors.



Summary
Name Age Since Current Position
Giancarlo Lanna
55 2012 Independent Chairman of the Board of Directors
Sergio Schisani
59 2013 Chief Executive Officer, Principal Financial Officer and Director
Joseph Benoit
51 2014 Director
Charles Gargano
79 2012 Independent Director
Dorothy Herman
60 2012 Independent Director
Marco Milli
46 2012 Independent Director

👍️0
$hellKing $hellKing 8 years ago
Old news 2012 on merger


Southern States Sign Company Completes Reverse Merger Transaction with Conte Rosso & Partners S.r.l.
Print
Alert
Southern States Sign Co. (OTCBB:SOST)
Historical Stock Chart

5 Years : From Dec 2011 to Dec 2016
Click Here for more Southern States Sign Co. Charts.
Southern States Sign Company Completes Reverse Merger Transaction with Conte Rosso & Partners S.r.l.

NEW YORK, Nov. 13, 2012 /PRNewswire/ -- Southern States Sign Company (OTC Bulletin Board: SOST) announced today that on November 1, 2012 it consummated a "reverse merger" with Conte Rosso & Partners S.r.l, an Italian limited liability company ("CR&P"), in which the Company acquired all of the assets of CR&P (the "Merger").

Prior to the consummation of the Merger, the Company was not engaged in any trade or business. CR&P is active in the hospitality business and currently owns five top class boutique hotels in Italy. Following the Merger, the Company will own and operate the hospitality business related to CR&P's five boutique hotels. In addition, the Company has added the following new directors to its board of directors: Mr. Marco Milli, Mr. Charles Gargano and Ms. Dorothy (Dottie) Herman.

Antonio Conte, Chief Executive, said, "We intend to build an international hotel group owning high quality boutique and other hotels where we can bring the Italian style to bear to create a special experience. We have identified a number of Italian and international opportunities to simply acquire exciting properties but also where development will significantly enhance their attractiveness. Our team is geared up to move us forward rapidly and to create real value."

Additional information regarding the Merger and the new directors are set forth in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 7, 2012.

About Conte Rosso & Partners S.r.l
CR&P is involved in the hospitality business. CR&P currently owns hotels and resorts in Padova, Italy, Rome, Italy and Ostuni Brindisi, Italy. Collectively, these properties feature approximately 520 hotel rooms and suites as well as restaurants, conference rooms, spas and golf courses. The portfolio of hotel properties provides CR&P with a diverse geographic footprint across Italy. CR&P's mission is to invest in upscale and luxury hotel properties in Italy and abroad where CR&P can exploit management's long term experience in providing authentic Italian hospitality.

Forward-Looking Statements
This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

SOURCE Southern States Sign Company

Copyright 2012 PR Newswire
👍️0
$hellKing $hellKing 8 years ago
They went dark basically after the headlines which was 4 years ago


SOST News: Southern States Sign Company Completes Reverse Merger Transaction with Conte Rosso & Partners S.r.l. 11/13/2012 07:56:00 PM
SOST News: Southern States Sign Company Completes Reverse Merger Transaction with Conte Rosso & Partners S.r.l. 11/13/2012 07:56:00 PM
SOST News: Southern States Sign Company Completes Reverse Merger Transaction with Conte Rosso & Partners S.r.l. 11/13/2012 07:56:00 PM
👍️0
$hellKing $hellKing 8 years ago
One 50k vol day and a couple 20k vol days. Not many shares out there. Someone got some cheaps. They arent letting them go even at .10 from .02 .03 range. Will see. Looks like most shares held tight. Italian Hotel bus stock but maybe they have new and other plans.
👍️0
$hellKing $hellKing 8 years ago
Reinstated SOS July 2016. Perhaps they are coming out of the shadows to do something near term?



Actions\Amendments
Action Type: Reinstatement
Document Number: 20160314984-98 # of Pages: 1
File Date: 7/15/2016 Effective Date:
(No notes for this action)
Action Type: Annual List
Document Number: 20160314985-09 # of Pages: 1
File Date: 7/15/2016 Effective Date:
2016-2017
Action Type: Acceptance of Registered Agent
Document Number: 20160314986-10 # of Pages: 1
File Date: 7/15/2016




SOUTHERN STATES SIGN COMPANY
New Search Printer Friendly Calculate List Fees
Business Entity Information
Status: Active File Date: 7/15/2008
Type: Domestic Corporation Entity Number: E0446862008-2
Qualifying State: NV List of Officers Due: 7/31/2017
Managed By: Expiration Date:
NV Business ID: NV20081136344 Business License Exp: 7/31/2017

Additional Information
Central Index Key:

Registered Agent Information
Name: PREMIER LEGAL GROUP Address 1: 1333 N BUFFALO DR STE 210
Address 2: City: LAS VEGAS
State: NV Zip Code: 89128
Phone: Fax:
Mailing Address 1: Mailing Address 2:
Mailing City: Mailing State: NV
Mailing Zip Code:
Agent Type: Commercial Registered Agent - Other
Jurisdiction: NEVADA Status: Active
View all business entities under this registered agent

Financial Information
No Par Share Count: 0 Capital Amount: $ 100,000.00
Par Share Count: 100,000,000.00 Par Share Value: $ 0.001


Officers Include Inactive Officers
President - ANTONIO CONTE
Address 1: 1450 BROADWAY Address 2:
City: NEW YORK State: NY
Zip Code: 10018 Country:
Status: Active Email:
Secretary - ANTONIO CONTE
Address 1: 1450 BROADWAY Address 2:
City: NEW YORK State: NY
Zip Code: 10018 Country:
Status: Active Email:
Director - ANTONIO CONTE
Address 1: 1450 BROADWAY Address 2:
City: NEW YORK State: NY
Zip Code: 10018 Country:
Status: Active Email:
Treasurer - FILIPPO FUCILE
Address 1: 1450 BROADWAY Address 2:
City: NEW YORK State: NY
Zip Code: 10018 Country:
Status: Active Email:


http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=yV09INjAFELAYFK0Qex3hA%253d%253d

👍️0
Renee Renee 10 years ago
SOST failure to comply with FINRA 6530 (ie., financials delinquency). Moved from OTCBB to OTC.

http://www.otcbb.com/asp/dailylist_detail.asp?d=05/27/2014&mkt_ctg=OTCBB
👍️0
Big Brother Big Brother 11 years ago
I was trying to figure out what happened to this one, why it never started trading, and it looks like some of the participants of the company may have been arrested for fraud or tax evasion or something.

I'm not really sure because the articles about the case are all in Italian and the translations are crap but it doesn't look good at all.

Would be wise to be careful if it ever does start trading until more details are known.

http://translate.google.com/translate?hl=en&sl=it&u=http://www.ilsole24ore.com/art/notizie/2013-04-09/bancarotte-fraudolente-euro-arresti-152451.shtml&prev=/search%3Fq%3D%2522antonio%2Bconte%2522%2BRoscioli%26sa%3DN%26biw%3D1024%26bih%3D614

http://translate.google.com/translate?hl=en&sl=it&u=http://www.iltempo.it/roma-capitale/cronaca/2013/04/10/crac-degli-hotel-arresti-e-sequestri-1.1127813&prev=/search%3Fq%3D%2522Dario%2BRoscioli%2522%2Bripa%26biw%3D1024%26bih%3D614

👍️0
Big Brother Big Brother 11 years ago
Hmmm....websites been offline for quite awhile now.

They are still filing with the SEC so it's doesn't appear they have given up on going public but they are surely taking their sweet ole time getting things going, that is for sure.
👍️0
kimzerfantastik kimzerfantastik 11 years ago
Website /updates,
http://www.italianboutiquehotels.com
👍️0
Big Brother Big Brother 12 years ago
I'm ready for this one to start trading, they have a couple pretty sweet looking properties including a Radisson Blu resort with three 4 star hotels and a golf course.

http://www.worldhotelriparoma.com/

http://www.galzignano.it/
👍️0
Big Brother Big Brother 12 years ago
News Out Merger is Complete

http://ih.advfn.com/p.php?pid=nmona&article=55004825&symbol=SOST

Southern States Sign Company Completes Reverse Merger Transaction with Conte Rosso & Partners S.r.l.
Print
Alert

NEW YORK, Nov. 13, 2012 /PRNewswire/ -- Southern States Sign Company (OTC Bulletin Board: SOST) announced today that on November 1, 2012 it consummated a "reverse merger" with Conte Rosso & Partners S.r.l, an Italian limited liability company ("CR&P"), in which the Company acquired all of the assets of CR&P (the "Merger").

Prior to the consummation of the Merger, the Company was not engaged in any trade or business. CR&P is active in the hospitality business and currently owns five top class boutique hotels in Italy. Following the Merger, the Company will own and operate the hospitality business related to CR&P's five boutique hotels. In addition, the Company has added the following new directors to its board of directors: Mr. Marco Milli, Mr. Charles Gargano and Ms. Dorothy (Dottie) Herman.

Antonio Conte, Chief Executive, said, "We intend to build an international hotel group owning high quality boutique and other hotels where we can bring the Italian style to bear to create a special experience. We have identified a number of Italian and international opportunities to simply acquire exciting properties but also where development will significantly enhance their attractiveness. Our team is geared up to move us forward rapidly and to create real value."

Additional information regarding the Merger and the new directors are set forth in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on November 7, 2012.

About Conte Rosso & Partners S.r.l
CR&P is involved in the hospitality business. CR&P currently owns hotels and resorts in Padova, Italy, Rome, Italy and Ostuni Brindisi, Italy. Collectively, these properties feature approximately 520 hotel rooms and suites as well as restaurants, conference rooms, spas and golf courses. The portfolio of hotel properties provides CR&P with a diverse geographic footprint across Italy. CR&P's mission is to invest in upscale and luxury hotel properties in Italy and abroad where CR&P can exploit management's long term experience in providing authentic Italian hospitality.

Forward-Looking Statements
This press release contains "forward-looking statements." Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

SOURCE Southern States Sign Company

Copyright 2012 PR Newswire
👍️0
Big Brother Big Brother 12 years ago
CR&P, wow now this is a blast from the past, I remember this company from my time in PSPW.

CR&P and PSPW had entered into a financing and security agreement for a $50 million secured loan at one time. This deal fell through but the news fueled a PSPW run from around .50 at the time to $2.50.

This will require more DD but could be a very interesting one to follow indeed.

http://www.istockanalyst.com/business/news/4961380/3power-energy-enters-into-50-million-financing-agreement

http://www.crpmerchantcorporation.com
👍️0
kimzerfantastik kimzerfantastik 12 years ago
SOST ~ Entry into a Material Definitive Agreement.
re: 8K...11/07/12
http://www.sec.gov/Archives/edgar/data/1510130/000114420412059990/v327667_8k.htm

detail...

The Acquisition

On November 1, 2012, Southern States Sign Company (“SOST” or the “Company”) entered into a Share Exchange Agreement (the “Exchange Agreement”) by and among Conte Rosso & Partners S.r.l., a limited liability company organized under the laws of Italy (“CR&P”) and the holders of all of the outstanding capital stock of CR&P (each a “CR&P Shareholder” and collectively, the “CR&P Shareholders”). Pursuant to the Exchange Agreement, the CR&P Shareholders transferred all of the issued and outstanding capital stock of CR&P to us in exchange for 21,250,000 newly issued shares of our common stock (the “Share Exchange”), resulting in CR&P becoming a wholly owned subsidiary of our company.

Subsequent to the Share Exchange, we intend to sell our interest in our prior billboard sign business and any assets that relate to that business to Mr. David Ben Bassat in an Assignment of Assets Agreement. We intend to carry on the business of CR&P as our primary line of business. We have relocated our principal executive offices to Viale Bruno Buozzi 83, Rome, Italy and our telephone number is +39.06.80692582

Exhibit 2.1: Share Exchange Agreement
...
We [Conte Rosso & Partners S.r.l.] are a Company involved in the hospitality business. We own and, develop hotels and spas in Italy. We do not operate our hotels directly, so we can be classified as hospitality property investment specialists. We particularly focus on the ownership and development of boutique hotels, spas and resorts...

We currently own 6 hotels and resorts in Padova, Italy, Rome, Italy and Ostuni Brindisi, Italy. Collectively, these properties feature approximately 520 hotel rooms and suites as well as restaurants, conference rooms, spas and golf courses. Our portfolio of hotel properties provides us with a diverse geographic footprint across Italy.

We are currently in advanced negotiations with respect to acquisitions in Rome, Bari and Florence in Italy, as well as in New York, and have started searches for investment opportunities in Milan, Florence, Paris and London. We are also planning to invest in high-growth potential countries such as Albania and some selected African countries.

http://www.italianboutiquehotels.com
(currently under construction)

...
8K...12/16/11 noted,
re: David Ben Bassat /Antonio Conte
http://www.sec.gov/Archives/edgar/data/1510130/000125529411000784/mainbody.htm

...
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001510130&type=&dateb=&owner=include&count=40
👍️0