Sealant Solutions, Inc. Raises $250,000 Through a Private Placement of Restricted Securities
MIDDLEBORO, Mass.--(BUSINESS WIRE)-Feb. 7, 2002--On February 1, 2002 Sealant Solutions, Inc. (OTCBB:SSLU) secured $250,000 through a private placement of restricted securities. The funds will be used by the Company to finance its future business plans.Michael Fasci, Chairman of the Company stated: "We are very excited about securing these funds and the level of confidence that our investors have shown in the Company and its plan going forward. With this working capital the Company can now expedite the execution of its business plan and also enable management to more rapidly enhance shareholder value."
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.