HOUSTON, June 19, 2014 /PRNewswire/ -- Solanbridge Group Inc (OTC: SLNX) is pleased to announce that on Friday, June 20, 2014 at 9:00 a.m. Central time SLNX will be holding a telephone conference call with all SLNX shareholders.
Charles R. Shirley, Managing Director of Solanbridge, stated, "We are pleased to be able to provide a telephone conference call with Mr. Andreas Korytowski, Director of EvoCrete® Industries GmbH of Bonbaden, Germany, and Mr. Charles Van Houten, Director of Shamrock Geoscience Pty Ltd of Vanderbijlpark, South Africa. Mr. Korytowski is the inventor and formulator of EvoCrete®, which is a new generation of German road and soil solidification technology.
SLNX shareholders are invited to call (605) 562-3131 and use access code of 900722. Please do not call in until 8:50 a.m. on Friday, June 20, 2014.
On May 29, 2014, SLNX signed a Letter of Intent (LOI) to merge with Shamrock Geoscience Pty Ltd, a South African construction and engineering firm. The LOI stipulates that the transaction will be an all-stock transaction where SLNX receives a 25% position in Shamrock's U.S.-based corporation and all of Shamrock's subsidiaries. The LOI further states that all common stock shares issued will be restricted common stock shares. Shamrock has built roads and buildings, and provided engineering services in several countries throughout the world and have developed a great reputation. We look forward to their entry into the North American market, specifically the State of Texas. They will be able to provide best of class construction and engineering services to the medical marijuana market that SLNX is developing.
Shamrock has recently completed two road construction projects in India for the Government of Meghalaya. The two projects have provided Shamrock with a little over $5.7 million USD in gross revenue for fiscal year 2013/2014 so far. Mr. Van Houten is a former seventeen year resident of Texas working in the Federal Government arena, Mr. Van Houten brings a wealth of knowledge in Proposal Development and Business Development with organizations like KBR, DynCorp International, Fluor and Federal Agencies like US Army, US Army Corp of Engineers, and US Air Force.
SLNX will also, during the telephone conference call, discuss its progress in moving its restaurant operations to a higher traffic location and its medical marijuana development projects, specifically its Canadian First Nations Medical Marijuana Project in Eastern Canada.
About Solanbridge Group Inc
Solanbridge Group Inc, based in Greater Houston is a diversified holding company looking to expand into the medical marijuana industry by developing commercial grower's licenses in Eastern Canadian medical marijuana jurisdictions, with the partnership of First Nations and developing CBD-infused products in Colorado and Nevada through its subsidiary Tasty Greenz LLC. SLNX's other subsidiary, David's Steak and Seafood, Melbourne Beach, Florida, is a classic, upscale steak house, which presents polished dining in an atmosphere of timeless elegance, offering guests the finest cuts of choice USDA meats, and fresh seafood.
About Shamrock Geoscience Pty Ltd.
Shamrock Geoscience Pty Ltd. is an internationally established and acclaimed Construction and Civil Engineering solutions provider focusing on Building Design and Construction, Soil Stabilization and Road Construction and Maintenance. Shamrock ensures through our Quality Control System that all work from Shamrock and/or our Subcontractors conforms to Western European and North American Standards. Shamrock and its forerunner entities has been operating in Africa since 2007, the Balkans since 2005 and Western Europe since 2001 in the areas of Building and Warehouse Construction, Road Construction, Soil Stabilization and Industrial Waste Solutions. Shamrock and its progenitors have serviced over 40 contracts to multiple private sector, government and national military sector clients and employs a team of highly skilled and certified Project Managers and Engineers.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company.
SOURCE Solanbridge Group Inc