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LAS VEGAS, NV -- (Marketwire) -- 02/09/12 -- The Small Business Company (PINKSHEETS: SBCO) has announced plans to file SEC Form N-2 enabling SBCO to operate as a Business Development Company. Chairwoman Karen Person stated that "the filing of the N-2 will provide SBCO with the tools needed under the U.S. Investment Act of 1940 to become a publicly traded Venture Capital Firm, which will ensure our ability to successfully produce revenues and provide for shareholder equity." SBCO recently filed a name change with the state of Delaware to Select Business and Corporation Opportunities, Inc. Ms. Person also states that talks were underway with companies in various industry sectors to join the SBCO family. Ms. Person went on to say "I love the diversity that these companies will provide SBCO. I truly believe that in order for companies to succeed in the modern landscape, they require the right leadership and access to capital to enable growth and compete in the global marketplace. Leadership and capital are precisely the key advantages SBCO companies will have as they compete in these challenged economies."
SBCO will have a percentage interest in the chosen companies. Several companies have already been accepted based on their anticipated and actual revenues to date, along with their various Letters of Intent and POs.
Shareholders seek more than innovation; they seek low-risk growth. SBCOs asset diversification model is among the best insulators to reduce risk. SBCO expects to experience significant growth through acquisition as well as internal growth in 2012. The company is also in the process of rebuilding our web site. We expect to have our site built and active within the next two weeks. Ms. Person added, "I would like our investors to know that the company has undergone a name change having filed an amendment with the Division of Corporations, Delaware, and further having filed the necessary forms with FINRA. We expect to be trading under our new name with the same symbol, Select Business and Corporation Opportunities Inc., once FINRA finishes its process." In addition, "SBCO is working on achieving a Current Status on the OTC Pink Sheets."
Investors can hear more about SBCO by listening to Ms. Person and Simon Edwards, CEO of Astra Jet of which SBCO owns 19%. Further funding will be made available as required for future expansions into key markets, this evening, as the featured guests in an exclusive live interview tonight at 8pm EST.
Ms. Person and Simon Edwards can be heard at http://www.blogtalkradio.com/stocktraderstalk. Stock Traders Talk interactive question and answer session can be accessed from the main chat room at http://stocktraderstalk.com. An archived recorded version of the session can be found on the homepage of Stock Traders Talk at www.stocktraderstalk.com. For more information about Stock Traders Talk please contact:
Stock Traders Talk
Tel: 352-586-2524
www.stocktraderstalk.com
admin@stocktraderstalk.com
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.
About Astra Jet
Astra Jet with its strap line "Exclusive Service, Inclusive Fares" is a full service virtual airline specializing in leisure travel between the worlds foremost vacation destinations.
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.
Contact Investor Relations
Sterling Capitol LLC
(917) 725-0774
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