LAS VEGAS, NV -- (Marketwired) -- 04/25/13 -- The Small Business Company (PINKSHEETS: SBCO) -- DBA -- Select Business and Corporation Opportunities Inc., a Business Development Company, will start using Social Media to update investors, in addition to Wire Press Releases and 8-Ks. Twitter will be used by the company on a limited basis under SBCOINC. Using Social Media under the new SEC rules, allows for investor awareness when a Press Release is not warranted.
Additionally, SBCO and 4 (four) Portfolio Companies intend to pursue the establishment of EB-5 Investment programs ASTRAJET/ RYAN is now located in a Regional Center County in Rockford, IL.
The management feels that by participating in the program, that at least thirty (30) new jobs can be established in the area.
Another affiliate of Portfolio Company EnviroSafe H2O, will be using an EB-5 investment program as an investment tool for the establishment of a production and warehouse facility in Orange County, NY.
This facility will allow for manufacturing of large municipal valves from assembly to final coating and testing. As a result of receiving a confirmation of supply awards for a major water company in New England, the expansion will be necessary. This expansion will add ten (10) additional jobs in the USA in a labor surplus area. The water filtration system has recently completed a successful system test with an International Agricultural producer. The engineers reported considerable improvement in plant production in just one week of observation and recordation of installation. The harsh environment of the well water provided a challenge for the filtration system, yet the system outperformed all expectations. Testing at a second site will begin within thirty (30) days in a location where flowers and other plants are cultivated.
And lastly, on the ongoing audit, SBCO has retained the firm of LBB & Associates Ltd., LLP in the continuing struggle to restate and finalize the audits of past years that were left to us by the former management and other Auditors who lost their license . We are making significant progress now and finally feel confident in our choice to move forward to straighten out the past.
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.
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