Business & Finance
Wed, June 9, 2010Tue, June 8, 2010Mon, June 7, 2010Sun, June 6, 2010Sat, June 5, 2010Fri, June 4, 2010Thu, June 3, 2010Wed, June 2, 2010Tue, June 1, 2010SNM Global Holdings Announces Enhanced 2010 Business Plan: Launches MicroTechnology Transfer Program and MicroEquity Partner Lo
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Published in Business and Finance on Friday, June 4th 2010 at 8:40 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
ORLANDO, FL--(Marketwire - June 4, 2010) - SNM Global Holdings (
SNM Global, through its innovative MicroTechnology Transfer (mt2) Program and MicroEquity Partner Program, will facilitate the acquisition, development and transfer of technologies that will provide for the betterment of society and provide the catalyst for emerging markets to leapfrog into the sustainable sectors that will drive the twenty-first century.
SNM Global's MicroTechnology Transfer (mt2) Program is designed to further the commercialization of promising technologies that will benefit emerging markets in four key areas:
- Energy -- Clean, Renewable, and Sustainable Energy
- Health -- Better Health & Living
- Water -- Drinking Water, Irrigation & Sanitation
- Agriculture -- Green Biotechnology
The Company encourages collaboration with public, private and institutional partners in all phases of the development and technology transfer cycle; and accepts submissions from both collaborative development, distribution and inventor partners through the Collaboration Portal on its new website at [ http://www.snmnglobal.com/ ]
The Company recently announced the sale of its subsidiary, LGN Entertainment Distribution, the resignation of the President and the Board of Directors, and the change in ownership control. The transaction provides a substantial opportunity for the company to eliminate significant long-term debt and add new assets and operations. Shareholders will retain their current ownership. No recapitalization or reverse-split of any kind will occur as part of the Company's new operations. No new stock is being issued as part of the transaction. The control block of stock in the company was purchased in a private transaction.
Together with numerous technologies and operational initiatives, a new Board, Executive Team, and revenue updates will soon be announced. The Company will announce additional details alongside full operational and financial disclosures as part of the Company's ongoing OTC disclosure practices.
Business Model and Operational Strategy Overview:
The Company realizes revenues from the distribution of its technology, products, and solutions through its network of international agents and distributors and through the licensing of Intellectual Property through its innovative mt2 Program. The Company provides its International MicroEquity Partner program to our local partners in our target international markets. This program provides initial funding to a community building and life-enhancing organizations. The Company sees profits through equity ownership and sales and distribution of its technology and solutions.
SNM Global mission is to provide innovative technology solutions that enable emerging markets to meet basic needs and provide the foundation to transform into contributing member of the global society.
SNM Global vision is to be the leading technology enabler and community builder of emerging markets.
We acquire, develop, integrate and operate strategically aligned technology assets in rapidly growing emerging markets where expansion is planned through additional investments to support organic growth; thereby providing significant revenue, equity growth, and provide for the betterment of emerging economies.
Private sector innovation changes and improves the development of any country. Profitability and meeting economic needs of the developing world are not mutually exclusive. The opposite is true. By tailoring Micro Technology Transfer Programs, adapted and scaled to specific applications, sustainable water, power generation, lighting, transportation solutions, and health care can be profitably provided to assist developing markets.
Strategies include funding mechanisms, technology development expertise, adaptable MicroTechnology Transfer licensing models, international collaborative research networks, public-private partnerships, and using multilateral and bilateral cooperation to create incentives.
The Company believes its new business model will provide stockholders the most advantageous path to long-term equity growth and supply the company with significant operations, equity improvements, and long-term strategic expansion. The company operates through its subsidiaries and various development and distribution partners worldwide.
Worldwide demand for the Company's approach is estimated to be vast.
About SNM Global Holdings
SNM Global Holdings (SNM Global) is a technology holding and development company that invests in, acquires, and develops Intellectual Property Assets and Operations in the Clean/Alternative Energy, Biotech, Water and Better Health & Living sectors adapted specifically for the emerging global markets.
The Company realizes revenues from the distribution of its technology, products, and solutions through its network of international agents and distributors and through the licensing of Intellectual Property through its innovative mt2 Program. The Company provides its International MicroEquity Partner program to our local partners in our target international markets. This program provides initial funding to a community building and life-enhancing organization. The Company sees profits through equity ownership and sales and distribution of its technology and solutions.
The company operates through its subsidiaries and various distribution partners worldwide.
Safe Harbor
This release contains statements or projections regarding future performance that is forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. The company's filings contain various RISK FACTORS (and are incorporated on the Company's website "Investors" section by reference) and should be read before any investment decision.
