Skybridge Technology Group, Inc. (SKGO) to Supply Busch Gardens
April 15 2011 - 3:45PM
Marketwired
Skybridge Technology Group, Inc. (PINK SHEETS: SKGO)
(www.skybridgetechgroup.com) is proud to announce that its Textraw
International subsidiary (www.textrawinternational.com) has been
contacted by Busch Gardens about using Textraw's patented product
in its amusement parks.
SKGO President/CEO Jeff Burns says Textraw was contacted by Joe
Parr, the horticulture director of Busch Gardens'
(www.buschgardens.com) Tampa, FL park, about using Textraw in their
landscaping. Textraw is a synthetic pine straw that is made with
recycled post-consumer scrap recovered from plastic milk bottles
and appears identical to fresh, natural straw. The park has been
ground-testing Textraw's patented product for the last two years.
The results are now in, and Textraw has passed with flying
colors.
Parr is negotiating pricing and stated that he would like to
supply all of the company's parks with Textraw. One caveat was
related to the price of shipping the product from Textraw's former
facilities in Greer, South Carolina to the park in Tampa, Florida;
however, with the recent relocation of Textraw's factory to
Brooksville, Florida, this deal now looks promising.
The retail sale of pine needles is a multi-million-dollar
industry in the southeastern United States. Pine needles are used
for landscaping, in which they function as ground cover, replacing
mulch. Contractors also spread them at building sites to reduce
soil disturbance by equipment. The amount of money spent on
landscaping has tripled in the last five years, creating an
exciting industry with lots of room for expansion and growth.
In other company news, SKGO is in the process of subscribing to
OTC Markets filing service, which should become effective within
the next 7 to 10 days. The company will start releasing information
thorugh this service, and should raise its OTC Markets tier status
from "Stop" to "Yield" shortly. Until the OTC filing service is
unlocked, the company intends to release important updates using
its IR representative's website over the course of the weekend
(April 16-17, 2011). SKGO management urges its followers to review
company filings @
http://www.minamargroup.net/support/index.php?_m=downloads&_a=view.
More details to follow.
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Information in this news release may contain statements about
future expectations, plans, prospects or performance of Skybridge
Technology Group, Inc. that constitute forward-looking statements
for purposes of the Safe Harbor Provisions under the Private
Securities Litigation Reform Act of 1995. The words or phrases "can
be," "expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. Skybridge Technology Group, Inc.
cautions you that any forward-looking information provided by or on
behalf of Skybridge Technology Group, Inc. is not a guarantee of
future performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Skybridge Technology Group, Inc.'s
actual results may differ materially from those anticipated in such
forward-looking statements as a result of various important
factors, some of which are beyond Skybridge Technology Group,
Inc.'s control. In addition to those discussed in Skybridge
Technology Group, Inc.'s press releases, public filings, and
statements by Skybridge Technology Group, Inc.'s management,
including, but not limited to, Skybridge Technology Group, Inc.'s
estimate of the sufficiency of its existing capital resources,
Skybridge Technology Group, Inc.'s ability to raise additional
capital to fund future operations, Skybridge Technology Group,
Inc.'s ability to repay its existing indebtedness, the
uncertainties involved in estimating market opportunities, and in
identifying contracts which match Skybridge Technology Group,
Inc.'s capability to be awarded contracts. All such forward-looking
statements are current only as of the date on which such statements
were made. Skybridge Technology Group, Inc. does not undertake any
obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
Skybridge Technology Group, Inc.
Contacts: Investor Relations 1-647-426-1640
www.minamargroup.net/helpdesk Investor Relations Department
Inquiries www.minamargroup.net For M&A and Corporate Matters
www.minamargroup.com
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