Salamon Group (SLMU) Retires Debt
03 July 2012 - 4:45AM
Marketwired
Salamon Group, Inc. (OTCQB: SLMU)
(PINKSHEETS: SLMU) ("Salamon" or the "Company") is pleased to
announce that Sunlogics Power Management Fund, its wholly owned
subsidiary, has retired $500,000.00 in debt acquired by its
investment of the senior debt of DayStar Technologies, Inc.
(NASDAQ: DSTI), a renewable energy company.
The debt was transferred to Mr. Michael Matvieshen pursuant to
the original terms of the transaction. As a result of this transfer
and retirement of the DayStar debt, Mr. Matvieshen now has direct
ownership of DSTI shares.
For further information about this release contact Willam
Nalley, The Orsay Groupe, Inc., #305-515-8077 and/or email:
info@orsaygroupe.com.
About Salamon Group, Inc.
Salamon Group, Inc., through its Sunlogics Power Fund Management
Inc. division, is a solar energy project company specializing in
the construction management and acquisition of renewable energy
power projects. Sunlogics Power also looks to acquire assets and
other companies in the solar and renewable energy space that are a
strategic fit. Sunlogics Power is also a project-acquiring partner
of Sunlogics Plc and its Subsidiary as well as other third party
project developers, http://www.sunlogicspowerfund.com.
SLMU cautions that statements made in press releases constitute
forward-looking statements, and makes no guarantees of future
performances and actual results/developments may differ materially
from projections in forward-looking statements. Forward-looking
statements are based on estimates and opinions of management.
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Contact: Orsay Groupe William J. Nalley 305-515-8077 Email
Contact www.orsaygroupe.com