ALAMO, CA., June 06, 2018 (GLOBE NEWSWIRE) -- ELLA, a subsidiary of Social Detention Inc. (OTC:SODE), recently announced that it has been awarded several projects in California. The projects consist of security, bridge work and metal infrastructure. The contract(s) will begin in June 2018 and will be included in 2018 Second Quarter Revenue. Based on current awards we are projecting to reach $10-20m Revenue/Backlog in 2018.
Social Detention Inc. has also begun the preparation of Initial Disclosure and Certification to be up listed to OTCQB. The company is confident it meets the requirements to be eligible and will submit that required information.
Robert Legg, President and CEO of Social Detention Inc., stated, “As we enter the third month of Q2 we are very pleased with our awards and performance but by no means do we feel we have even scratched the surface of what we are capable of. Our skill complimented with the robust infrastructure and security market is a dynamic pairing. Furthermore, in a measure to be as transparent as possible to our shareholder’s at this time, after reviewing the eligibility of requirements for OTCQB listing it is time to begin that transition. Our long term goal is continually up list to the next level (such as OTCQX) as the company meets those requirements. ”
Robert Legg, President and CEO of Social Detention Inc., stated, “As we enter the third month of Q2 we are very pleased with our awards and performance but by no means do we feel we have even scratched the surface of what we are capable of. Our skill complimented with the robust infrastructure and security market is a dynamic pairing. Furthermore, in a measure to be as transparent as possible to our shareholder’s at this time, after reviewing the eligibility of requirements for OTCQB listing it is time to begin that transition. Our long term goal is continually up list to the next level (such as OTCQX) as the company meets those requirements. ”
For more information about Social Detention Inc. visit www.sodetention.com.
FORWARD LOOKING STATEMENTS
Except for historical information, this news release contains 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. These statements involve unknown risks, and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that might cause such differences are discussed in the Company's filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results could differ materially from those anticipated in these forward-looking statements, if new information becomes available in the future.
Contact: Social Detention Inc. ROBERT P LEGG II 925-575-4433 blegg@sodetention.com
