Syndication Inc. Announces Mac Marshall Jr. Signs Former CFO of Fortune 500 Company; Company Preps for Government Funding

Tue Nov 3, 2009 10:47pm EST
 
[-] Text [+]
Syndication Inc. Announces Mac Marshall Jr. Signs Former CFO of Fortune 500
Company; Company Preps for Government Funding



DAMASCUS, Md., Nov. 3 /PRNewswire-FirstCall/ -- Syndication Inc., (SYNJ.PK),
reports that McCutcheon Marshall Jr., President and Chairman of the Board for
Sentinel Renewable Energy S.C. Inc. and Pinnacle Energy Inc., the wholly owned
energy subsidiary of Syndication Inc., announces that on Sunday the 25th of
October 2009, Sentinel Renewable Energy S.C. Inc. signed Mr. Peter Katzburg as
the new CFO of the Company. Mr. Katzburg has over thirty years of experience
including service as the CFO of a Fortune 500 and a Fortune 1000 company. He
currently owns and operates a Financial Consulting Firm located in South
Carolina. The firm specializes in a broad and comprehensive range of financial
services that focus primarily on procuring working and growth capital for
Companies. The various sources include commercial and government loans,
grants, and equity. Over the years Mr. Katzburg has supervised and implemented
many projects for businesses throughout the State of South Carolina. As a
result, he has developed strong banking relationships, secured various state,
county and community incentive grants, JEDA Industrial Revenue Bonds, USDA
funding, DOE Funding, negotiated incentives and secured funding from the S.C.
Department of Commerce, Williamsburg County and the Williamsburg County Rural
Development Fund. 

For the last 6 months, Mr. Katzburg has been working as a private consultant
for the Company. He was the chief architect of our $25 million DOE grant
application and our 3.5 million government guaranteed loan application, both
of which are pending approval. "The fact that he has officially accepted the
position of Chief Financial Officer of our company says volumes about his
perception of our Company's potential as well as enhancing the favor of the
strategic alliances that follow him," says Mac Marshall Jr. the President of
Sentinel Renewable Energy S.C. Inc. and Pinnacle Energy Inc. 

When Mr. Sorrentino was asked to comment on the new CFO he stated, "whenever
the Company has the opportunity to bring on a professional with Mr. Katzburg
credentials, you have to consider yourself extremely fortunate. Mr. Katzburg
has worked with many companies in the State of South Carolina and has
successfully closed financing programs with both the DOE and USDA. The fact
that he has such strong and familiar ties to those agencies obviously gives
him a valuable insight on how to build our finance and cash flow matrix models
to meet all specifications. However, even more important is that the agencies
and banks we are currently working with now know that he is not just acting as
an agent for our Company but, as the CFO he will be in charge of supervising
the finance programs they are funding. From there perspective the potential of
our Company has got to look great. In my opinion, the last remaining concerns
about moving to a close have been defused," said Brian Sorrentino the CEO of
Syndication Inc. The Company reports that more news is pending.   

Contact Information: Brian Sorrentino Phone # 888-422-5515  
Syndicationinc.net

For all mail correspondence; Box 503, Damascus, MD 20872 
This press release may contain forward-looking statements covered within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements relate to, among other things, plans and timing for
the introduction or enhancement of our services and products, statements about
future market conditions, supply and demand conditions, and other
expectations, intentions and plans contained in this press release that are
not historical fact and involve risks and uncertainties. Our expectations
regarding future revenues depend upon our ability to develop and supply
products, which we may not produce today and that meet defined specifications.
When used in this press release, the words "plan," "expect," "believe," and
similar expressions generally identify forward-looking statements. These
statements reflect our current expectations. They are subject to a number of
risks and uncertainties, including, but not limited to, changes in technology
and changes in pervasive markets. 





SOURCE  Syndication Inc.

Brian Sorrentino of Syndication Inc., 1-888-422-5515

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video