News Column

SouthCorp Capital Announces the Acquisition of Rental Property

August 18, 2014



SANTA MONICA, Calif.--(BUSINESS WIRE)-- SouthCorp Capital, Inc. (OTCQB:STHC) announced today it has acquired an additional residential property in Indiana. The house is already rented and the Company expects an annual ROI of 8-10%.

Currently for every 10 properties we acquire 2 will be kept as rentals and 8 will be renovated and resold. Although the rental ROI is lower, the Company’s goal is to build a base on stable income as a foundation to support future growth.

As of August 18, 2014, the Company's issued and outstanding share count has not changed and remains 249,057,315.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

 
Contacts:
SouthCorp Capital, Inc.
Joseph Wade
661-418-7842

info@southcorpcapital.com

www.southcorpcapital.com






SouthCorp Capital, Inc.

Joseph Wade, 661-418-7842

info@southcorpcapital.com

www.southcorpcapital.com

Source: SouthCorp Capital, Inc.


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