Sunrise Consulting Group, Inc. Company Reviews Multi-Million Dollar Term Sheet
25 May 2011 - 12:40AM
Marketwired
Sunrise Consulting Group, Inc. (PINKSHEETS: SNRS) announced today
that the company is currently reviewing a term sheet worth $300
million dollars that will span over the course of six years. This
multi-million dollar agreement will be paramount in the company's
quest to solidify its position as an industry leader in portable
solar related products and other solar related products. The
company is currently reviewing the term sheet and plans to disclose
further details to its shareholders no later than Friday, May 27,
2011.
The company also announced that it is currently in the process
of relocating to a new location that will accommodate the staffing
requirements for its highly anticipated growth. Management is
currently exploring several locations for its corporate operations
and is strongly considering the option of occupying the entire
second floor of its warehouse and distribution center located in
City of Industry, Ca. The advantage of having its corporate office
and warehouse in one central location will add an extra layer of
efficiency that will prove to increase the bottom line when the
company releases its quarterly earnings report. The company expects
to make an announcement on the final location in the days to come.
Other possible locations include Newport Beach, Santa Ana, and
Irvine, Ca.
ABOUT SUNRISE CONSULTING GROUP, INC.
Sunrise Consulting Group's mission is to get involved in the
Solar Industry in the fastest and most productive and profitable
way possible. Sunrise Consulting intends to continue to expand and
diversify by building upon and adding to its current holdings and
continually expanding its portfolio into related areas. For more
information email info@sunriseconsultinggroup.net or go to the
website www.sunriseconsultinggroup.net.
Safe Harbor Statement: This release contains forward-looking
statements with respect to the results of operations and business
of Sunrise Consulting Group, Inc., which involves risks and
uncertainties. The Company's actual future results could materially
differ from those discussed. The Company intends that such
statements about the Company's future expectations, including
future revenues and earnings, and all other forward looking
statements be subject to the "Safe Harbors" provision of the
Private Securities Litigation Reform Act of 1995.
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