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Published in Stocks and Investing on Thursday, February 26th 2009 at 9:01 GMT, Last Modified on 2009-02-26 09:02:37 by Market Wire
DANVILLE, CA--(Marketwire - February 26, 2009) - S3 Investment Company, Inc. (
Pink OTC Markets Inc., which operates [ www.pinksheets.com ] and related websites, provides the leading inter-dealer electronic quotation and trading system in the over-the-counter (OTC) securities market.
The reports filed by the company reflect the fiscal quarters ended September 29, 2008 and December 30, 2008. The next report expected to be filed through the service will be for the quarter ending March 31, 2009.
"While we are pleased to have completed this step in bringing our financial reporting through the Pink Sheets OTC Disclosure service up to date, we do look for improved financial performance in future quarters as we achieve additional closings of transactions involving our Redwood Capital subsidiary," stated Jim Bickel, CEO of S3 Investments, Inc. "By meeting the reporting requirements and subscribing to the Pink Sheets OTC Disclosure and News Service, we expect S3 to achieve the 'Current Information' designation, which will position S3 in the 'Transparent' category as defined by the Pink Sheets."
S3 has announced that a Redwood Capital client is in the final stages of a completed reverse merger transaction, in which it will enter the North American capital markets through a listing on the TSX Venture Exchange in Canada.
"Keeping S3's financial reporting current will also allow our shareholders and the public markets to track the company's anticipated revenue and asset growth through completed transactions involving Redwood Capital," Mr. Bickel added.
To sign up to receive information by email directly from S3 Investment Company when new press releases, investor newsletters, SEC filings or other information is disclosed, please visit [ http://www.s3investments.com/investors/ ].
About S3 Investment Company
S3 Investment Company, Inc. and its wholly owned Redwood Capital subsidiary are focused on assisting 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 ].
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.
