SGD Holdings, Ltd. -- EcoFriends Update
2010年6月15日 - 9:45PM
SGD Holdings, Ltd. (Pink Sheets:SGDH), owner of premier
environmentally friendly paper manufacturer EcoPaper, Inc. today
announced that, during the final phases of SGD Holdings, Ltd.'s
pending acquisition of EcoFriends, Wal-Mart Latin America placed an
order with EcoFriends in excess of $100,000. EcoFriends will
be supplied tree paper from EcoPaper, Inc. The product is expected
to ship in mid July of 2010.
SGD Holdings, EcoPaper, Inc. and EcoFriends are currently
undergoing audits by PCAOB-compliant auditors to ensure that full
disclosure and reporting are forthcoming.
"This marks an exceptional quarter of growth for SGD Holdings,"
said Harry Johansing, CEO of SGD Holdings, Ltd. "Our process
of acquiring the assets of EcoFriends is already proving itself to
be an outstanding revenue source and also illustrates our integrity
as a company. It is rewarding on so many levels when global
corporations such as Wal-Mart identify the validity and importance
of our business model, and bring our products to their
customers."
Further illustrating the company's increasing industry
prominence, SGD Holdings, Ltd. was prominently featured in an
article published in the Ventura County Star newspaper on Sunday,
June 13, 2010. Read the article by
visiting: http://www.vcstar.com/news/2010/jun/12/a-kinder-kind-of-paper/.
About SGD Holdings, Ltd.
SGD Holdings, Ltd. (Pink Sheets:SGDH) is a holding company which
owns and operates,
through its wholly-owned subsidiary, EcoPaper,
Inc. (http://www.ecopaper.com) Through internal research and
development, as well as through acquisition, the company aspires to
create and acquire new technologies, products and methodologies
which have the potential to positively impact the
environment. For more information regarding SGD Holdings,
Ltd. e-mail ir@ecopaper.com.
About EcoPaper, Inc.
After developing an innovative and an economically feasible
option for removing a portion of the more than 230,000 tons of
agro-industrial waste generated annually by Costa Rica alone,
EcoPaper, Inc. became among the first companies worldwide to create
and implement processes for manufacturing and bringing to market
tree-free, eco-friendly, beautiful, sustainable paper products of
superior quality created from exotic tropical fibers. Founded
by Harry Johansing, EcoPaper is proud that every sheet of EcoPaper
product is smooth, acid-free, durable, chemical-free, and caringly
manufactured. For more information regarding EcoPaper, Inc.
visit www.EcoPaper.com or ir@ecopaper.com.
Forward-Looking Statements: The statements in
the press release that relate to the Company's expectations with
regard to the future impact on the Company's results from
acquisitions or actions in development, are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The statements in this document may also
contain "forward-looking statements" within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Forward-looking statements are subject to risks, uncertainties, and
other factors that could cause actual results to differ materially
from those contained in such statements. Such risks, uncertainties,
and factors include, but are not limited to, future capital needs,
changes and delays in plans and schedules, or market acceptance.
SGD Holdings, Ltd. undertakes no duty to update these
forward-looking statements.
CONTACT: EcoPaper, Inc.
www.EcoPaper.com
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