DANVILLE, Calif., Aug. 3, 2010 (GLOBE NEWSWIRE) -- S3 Investment Company, Inc. (Pink Sheets:SIVC) today announced that the company's listing on the OTC Disclosure and News Service website at www.otcmarkets.com has been restored to "Current Information" status. With its "Current Information" status restored, the company expects to make additional announcements involving the company's subsidiaries operating in the China market.
"We have several new events that we expect to disclose to our shareholders and the public markets in the coming weeks," said S3 Investment Company Chairman and CEO Jim Bickel. "As a company, S3 prioritizes transparency, and we believe that it is best to announce new information only when we are fully up to date in posting all required information on the OTC Markets website. This allows all shareholders and potential shareholders to have access to the same information at the same time.
"I am also looking forward to an opportunity to participate in an interview or similar media session in the very near future, during which I plan to discuss these recent events involving our wholly owned Redwood Capital subsidiary. These events involve both new and existing Redwood Capital clients as well as the official opening of a new market for Redwood Capital," added Mr. Bickel.
S3 Investment Company's quarterly and annual financial reports and additional disclosures can be found by visiting the OTC Markets website and entering the company's stock trading symbol in the appropriate field.
S3's wholly owned Redwood Capital subsidiary assists private Chinese companies in accessing the North American capital markets by utilizing a network of investment banking relationships to achieve reverse merger transactions and assisting with the process of raising additional capital for clients that are already publicly traded. As part of its compensation for its services, Redwood Capital received shares of its client companies' common stock, which are included as part of the company's asset value on its consolidated financial statements.
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About S3 Investment Company, Inc.
S3 Investment Company, Inc. (http://www.s3investments.com) and its Redwood Group International subsidiary are focused on facilitating the success of two subsidiaries operating in the China market. Redwood Capital, Inc. assists private Chinese companies in accessing the North American capital markets by utilizing a network of investment banking relationships to achieve reverse merger transactions. For more information, please visit http://www.redwoodcapinc.com. Redwood Medical, Inc. assists companies seeking to import and distribute Western medical technologies and products into the China market.
Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Readers are cautioned not to place undue reliance on forward-looking statements. S3 Investment Company, Inc. undertakes no obligation to update any such statements to reflect actual events.