Business
Sunset Island Group CEO Exploring Potential Acquisitions
Sunset Island Group CEO Exploring Potential Acquisitions.
About this update from Sunset Island Group, Inc.
[{"type":"text","content":"SARASOTA, Fla., August 7, 2008 -- Sunset Island Group (OTC Pink Sheets: SIGO, the \"Company\"), Arnold Levine, Chief Executive Officer of Sunset Island Group Inc. (\"SIGO\"), announced today that he is,\" pleased with the progress being made in finding suitable acquisition partners for the company.\" After the review of a number of proposed transactions, Levine stated that,\" SIGO has narrowed its focus to several possibilities. While these companies go across several industries, the one thing they share is that they meet the Company's requirements of cash flow or a strong asset base that cany be leveraged.\" \n\nAcknowledging that final negotiations can be complicated and that Sunset Island Groups due diligence must be completed prior to a transaction taking place, Levine was optimistic that the Company's first acquisition will be over the short term.\n\nCertain statements in this news release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as \"expects\", \"intends\", \"plans\", \"may\", \"could\", \"should\", \"anticipates\", \"likely\", \"believes\" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management, including, but not limited to, the Company can successfully participate in such opportunities. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. Additional information on risks and other factors that may affect the business and financial results of the Company can be found in filings of the Company with the U.S. Securities and Exchange Commission.","length":1876,"tagName":"div"}]