DAMASCUS, Md., Dec. 23 /PRNewswire-FirstCall/ -- Syndication Inc., "the Company", (Other OTC: SYNJ.PK), would like to speak to our future ventures and clarify some issues for our shareholders. Just eight months ago, in April of this year, the Company embarked on a new venture into the world of Green Energy. We declared our intent to become "Icon Players" in the revolutionary advancement of the new Green Energy World. We also understood that our government had opened up vast financial opportunities to those young corporations that have taken the time and effort to strategically place themselves at the crossroads of this massive new technological revolution. A revolution born from necessity and obligation, and laden with opportunity. To that end, with our bio-diesel plant project, that, in our opinion, is about to be financed, we launched the first of what we expect to be a number of new projects in the State of South Carolina. In July, 2009 the Company brought on our new CFO, Peter Katzburg. He brought with him the projects of "Energy City, South Carolina." We intend to discuss in more detail our involvement with these projects as we enter into the New Year. I can say at this time the State of South Carolina has declared its intent to become the new emerging energy hub of the Mid-Southern Atlantic Region; United States. Energy City fully intends to exploit the deep water ports of S.C., which will be centered in and around Charleston and include 4 primary core projects with dozens of spin-off industries that will flourish around its development. The core projects include waste to energy, renewable diesel & jet kerosene, storage, terminals, the Palmetto Pipeline which will tie into the existing Houston/NY pipeline for hydrocarbons and an energy commodities trading and brokerage platform similar to traditional trading floors that would be found in New York and Chicago. "As planned, Syndication has planted its flag perfectly. South Carolina represents the green energy frontier and we've been there for the better part of a year. Being here first has allowed us to get the JUMP and cultivate a multitude of opportunities with private financiers, Universities, institutions, federal, state and local agencies, companies and individuals that currently have extensive experience, background and involvement in the green energy sector. What a move. Our future has never looked brighter and we are in front to stay," said Sorrentino, the CEO of Syndication Inc. For our shareholders the Company will now address issues of concern. $3.5 Million Loan: The loan is a $3.5 million government guaranteed loan that requires a $1.5 million cash investment match. At this point in time the Company is prepared to meet the cash investment match requirement but our bank is waiting on the guarantee commitment letter. We anticipate an announcement on closing at any time. The Board will not release the bank or government agency that we are working with because constant shareholder inquiry tends to have the effect of undermining the committee approval process. $25 Million DOE Grant: For the record, the DOE has released no official statement on the "Funding Status" of the Sentinel Renewable Energy S.C. and South Carolina State University partnered application for a $25 million dollar DOE grant being issued for the development of a bio-diesel manufacturing facility in Kingstree S.C. SCSU is to be the research arm and SRE S.C. is to be the practical business application arm. The joint application was submitted on June 30th 2009. The first cut was to be announced on October 1st 2009 but has been continually delayed by the DOE. This cut would have listed the top 10 applicants under 6 different funding categories. These 60 applicants would then be provided a 30 day period to give oral presentations to the "DOE Approval Committee" after which the final selections for funding would be announced. In our latest correspondence, the DOE estimated that the 1st cut announcement would more than likely be released between December 15th and the end of the year. However, they reserved the right to change the schedule at will. As a note to our shareholders; Syndication would like to make it clear that we are greatly honored and consider ourselves privileged to be involved in a joint grant venture with South Carolina State University. However, the company is actively cultivating a number of different financing arrangements other than the two we have highlighted here and in our past news releases. Although we are highly optimistic about our chance of winning the grant, it will not hinder our efforts should we be unsuccessful. We are moving forward on many fronts and this is only one hurdle. It is the Board's concern that our shareholders are focusing too much on this one issue as if it will be the demise of the company should we not win it. The $3.5 million loan was all that was needed for the Kingstree project and we have much more control over its potential result. The grant application was an after thought for our project and was only considered by the Board because, turning down an invitation from SCSU to participate with them in a joint grant project would be both poor political strategy and waste of a tremendous financing opportunity. Dividend Policy: The dividend policy of the Company is designed to increase equity valuation, enhance the potential for equity investment, discourage short trading activity and, most importantly, foster a longer term investor attitude. As the growth in valuation of the Company becomes realized, the dividends will become a strong attraction to new shareholders. Although the dividend issuances by the Company have become problematic to market makers holding short positions in our stock, the Board intends to remain resolute to our dividend commitment. Buy Side Trading Restriction: We have contacted the market maker/trading companies that have placed buy side trading restrictions on our stock. We inquired as to why they have restricted the buy side trading activity and if holding a short position was the reason they have "failed to deliver" to many of our shareholders the 2% dividend that was issued by the Company on October 19th 2009. In our opinion, we have received no credible response. We also inquired as to what, if any steps, Syndication could take to have the restriction lifted and were told that decisions to restrict trading activity on our stock or on any stock are based on internal policy criteria. Also, as it is their prerogative, these types of policy decisions are designed for the purpose of protecting their own interest. Reverse Split / Intent to Upgrade to OB: Other than 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. However, the company is planning to coordinate the pending $3.5 million government guaranteed loan and $1.5 million cash equity match with an upgrade of its listing to OB from the Pink sheets. Company Press Release Policy: The current Company P/R Policy is restricted and will remain that way through our initial funding approval process. Government agencies are particularly sensitive to the mere appearance that they are being used in a marketing or news campaign. For this reason, until we receive initial financing from one of our sources, the Company will continue to restrict its P/R's. From the entire Syndication Inc. organization we would like to wish you and yours: HOLIDAY CHEER & A PROSPEROUS NEW YEAR Syndication Inc. CEO, Brian Sorrentino, President; Mark Solomon, CFO, Mrutyunjaya Chittavajhulas Director; Howard Siegel Sentinel Renewable Energy S.C. Inc. / Pinnacle Energy Inc. The Officers, Directors, and Advisory Board of SRE S.C. Inc., President and Chairman of the Board, McCutcheon Marshall Jr. CEO, Brian Sorrentino Chief Financial Officer & Treasurer, Peter Katzburg; Executive Vice President, Mark Solomon: Secretary & Director, Howard Siegel Advisory Board: Member, Perichyappan Senthilnathan: Member, Kabir Ratnani Member, Nicholas Ng. Syndication Inc. Box 503 Damascus, MD. 20872 P# 888-422-5515 F# 301-560-6318 http://www.syndicationinc.net/ 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. Contact Information; Syndication Inc, Brian Sorrentino Phone # 888-422-5515 or go to: http://www.syndicationinc.net/ For all mail correspondence: Box 503, Damascus, MD 20872 DATASOURCE: Syndication Inc. CONTACT: Brian Sorrentino of Syndication Inc., 1-888-422-5515 Web Site: http://www.syndicationinc.net/

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