DEERFIELD BEACH, Fla., Feb. 14, 2006 (PRIMEZONE) -- StockMarketNewsAlert.com today announced a trade alert on Sandy Steele Unlimited Inc. (Pink Sheets:SSTU) According to Marco D'Alonzo at First Equity Group, Inc., "Recent news flow from the company has been very positive. The company announced debt free status, increasing revenues, and reiterates plans of becoming a fully reporting company, thus moving off the Pink Sheets and moving up to the OTC Bulletin Board.
SSTU has set out an ambitious agenda for 2006 and believes OTC Bulletin Board status will assist its ability to achieve short term and long term goals more quickly and effectively. SSTU is working diligently toward completing the necessary audits and will move expeditiously to file the appropriate documents with the SEC to achieve this important milestone as soon as possible.
"I am also pleased to reveal that the company continues to be completely debt free and expects to remain so," said CEO Ms. Steele. "Further, Sandy Steele Unlimited has not added to the tradable public float of 1,154,340 shares and is expecting momentum resulting from dramatically increased revenues and growth projected from its three divisions over the next 12-36 months. Based on increased revenues and numerous projects currently in development, which should greatly enhance the global awareness of SSTU, the company's insiders have absolutely no intentions of selling or issuing stock for the foreseeable future as we feel our current share price is undervalued based on our profitability and lack of debt."
On the date of this announcement, the company is launching its new corporate website, www.steeleunlimited.com, which has been under construction for three months. It has been expanded to include more informative text adding clarity to the company's objectives and understanding the synergy of its three divisions.
For the full profile, the reader's attention should be drawn to our initiating report, which is available on www.StockMarketNewsAlert.com.
About Sandy Steele Unlimited, Inc. (www.steeleunlimited.com)
Sandy Steele Unlimited (SSTU) is an emerging Beverly Hills-based conglomerate that owns and operates companies in the beauty/health, financial management and publishing industries (www.steeleunlimited.com). The Siegel Group (www.thesiegelgroup.com), a wholly-owned subsidiary of SSTU, is an international money management company with offices in Beverly Hills, California, and New Orleans, Louisiana. Grammaton Press, a wholly-owned subsidiary of SSTU, headquartered in Davenport, Iowa is a publisher of non-fiction texts in genres such as financial planning, human rights, and world history (www.grammatonpress.com).
SAFE HARBOR: With the exception of historical information contained in this press release, this press release includes forward-looking statements made under the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of its products; ability to obtain financing; the impact of changing economic conditions; business conditions in the Internet and direct marketing industries; reliance on third parties, including potential suppliers; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release. The company currently does not report its quarterly financials to the Securities and Exchange Commission.
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All material herein is information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by First Equity Group, Inc. to be accurate and should not be considered to be all-inclusive. The company that is discussed in this profile has approved the statements made in this profile. This profile contains forward-looking statements that involve risks and uncertainties. Statements in this press release about the company's future expectations other than historical facts, are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Act of 1934, as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's SEC reports that could cause results to differ materially from those expressed or implied include, but are not limited to, the results of future tests and the availability of funding for additional research and development. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. First Equity Group is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.stockmarketnewsalert.com. First Equity Group has been compensated 150,000 restricted shares of SSTU and 30,000 free trading shares from a third party. First Equity Group's affiliates, officers, directors and employees may also have bought or may buy the shares discussed in this profile and may profit in the event those shares rise in value. First Equity Group does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.