CITY OF INDUSTRY, CA--(Marketwire - April 22, 2010) - Songzai International Holding Group, Inc. (
Mr. Hongwen Li, CEO of Songzai International Holding Group, commented, "In order to better position ourselves for future growth both organically and through strategic acquisitions, the management team has fully committed to increasing and improving the Company's overall public and investor relations efforts. We want to take the proactive steps of addressing shareholder questions, meeting new institutional investors and communicating our accomplishments efficiently." Mr. Li continued, "We are extremely pleased to be working alongside ACV in our investor relations, public relations and marketing initiatives. ACV has a strong track record of assisting high growth international companies like ours in increasing their visibility, expanding U.S investor platform and adding value to the company and its shareholders."
Mr. Howard Gostfrand, President of American Capital Ventures, commented, "Songzai International Holding Group is uniquely positioned as a leading coal producer and distributor in China. Their sound financial growth, profitability and healthy margins are quite impressive. The Company is advantageously poised to benefit from high coal selling prices and increased demand for metallurgy coking coal in China. As growth continues, we look forward to working together with their exceptional management team and bringing a more fair valuation to the stock and its shareholders. Management's dedication to improving their communications efforts towards shareholders should be commended. We are pleased to assist the Company in its investor outreach initiatives and look forward to continuously updating investors on the latest company developments."
About Songzai International Holding Group, Inc.
Songzai International Holding Group, Inc. is a company engaged in coal production and sales by exploring, assembling, assessing, permitting, developing and mining coal properties in the People's Republic of China ("PRC"). After obtaining permits from the Heilongjiang Province National Land and Resources Administration Bureau and the Heilongjiang Economic and Trade Commission, we extract coal from properties to which we have the right to mine capped amounts of coal, and then sell most of the coal on a per metric ton ("ton") basis in cash on delivery, primarily to power plants, cement factories, wholesalers and individuals for home heating. We do not own the coal mines, but have mining rights to extract a capped amount of coal from a mine as determined by government authorized mining engineers and approved by the Heilongjiang Department of Land and Resources. Our business consisted of the operations of Tong Gong coal mine in northern PRC, located approximately 175 km southwest of the city of Heihe in the Heilongjiang Province and the Hong Yuan and Sheng Yu coal mines located in the city of Mohe in Heilongjiang Province.
About American Capital Ventures
American Capital Ventures (ACV) is a boutique investor relations firm founded on the principals of hard work, professionalism and integrity. Our company offers emerging growth companies a different, more comprehensive approach to investor relations. ACV delivers highly effective investor communications counsel in conjunction with developing tangible brokerage relationships for our clients. Our goal is to allow management the ability to focus on their core business, while assisting them in communicating their message and develop their investor relationships.
Safe Harbor Statement
This press release contains certain statements that may include 'forward-looking statements' as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the use of forward-looking terminology such as "believe, expect, anticipate, optimistic, intend, will" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and factors, including those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risks and other factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Contact Information:
Contact:
American Capital Ventures
Howard Gostfrand
305.918.7000
www.amcapventures.com