SEBASTIAN, Fla.--(BUSINESS WIRE)--Sebastian River Holding's Inc. (Pink Sheets: SBRV), today announced that the company has finalized the audit of all financial records of Sebastian River Holding’s Inc. This is the final step needed to apply for a higher exchange.
“We are on our way,” stated Daniel Duffy, President and CEO of Sebastian River Holding’s Inc. “It has been a long road for this company, but finally, we are now closer than ever to trade on an exchange that will bring more credibility to our company.”
Since the company has canceled/retired a total of 200,000,296 common shares, leaving a total of 49,859,076 shares issued and outstanding, the company has structured itself properly to bring the greatest earnings per share to the shareholders.
Sebastian River Holding’s Inc. is a holding company of profitable private companies, with a foreign currency division and two pending acquisitions with Pelican Capital Mortgage Lending Inc and TCI Electronics, Inc. The foreign currency division currently holds 1,000,000,000 Vietnamese Dong and 135,000,000 Iraq Dinar.
This Press release may include 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 are based on the Company's current expectations as to future events. The forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Sebastian River Holding's Inc.
Daniel Duffy, 772-589-1055