LAS VEGAS, June 25, 2012 (GLOBE NEWSWIRE) -- The Small Business Company (Pink Sheets:SBCO) - DBA - Select Business and Corporation Opportunities Inc., a Business Development Incubator, announces the finalization of restated and re-audited financials for the years 2008 and 2009. Additionally, 2010 and 2011 should also be finished by the week ending July 6, 2012. The preparation of these financials has been an arduous task, riddled with problems left by the former officers and directors. With the completion of this task, it is now possible to move forward on filings for the change of status to a formal BDC. The company is now in the final stages of finishing the Due Diligence on all of the companies that will become a part of the original BDC. Additionally, the company is the process of choosing a Registered Investment Advisor which is required for all BDCs. The company would also like to announce the addition of several new consultants as well as a Business Development VP. Those names will be released next week after finalization of all contracts.
In related news, EnviroSafe H2O has finalized a purchase order of it's product for distribution in an Environmental Green Package to be sold in China by 8 Dragons Asia Holdings, LTD. 8 Dragons is headquartered in Wuhan, in Hubei Province which boasts an American Consulate service office and an American Chamber of Commerce representative office.
About The Small Business Company
The Small Business Company is a corporation registered in the State of Delaware. SBCO became a fully reporting public company through the filing of a 10SB in late 2006 and began trading on the OTC pink sheets in January 2007. The Small Business Company's strong leadership and vast knowledge and experience will enable the company to be successful in obtaining low risk high growth companies.
Safe Harbor
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward-looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.