CARLSBAD, CA, September 3, 2013 -- Strategic Global Investments, Inc. (OTC Pink: STBV) announced today that contrary to the misrepresentation recently publicized by two misdirected press releases, it is not the subject of any securities law investigations in the US or Canada.
The releases were inadvertently posted on the Company's profile on the OTC Pink Markets website, among others, by a third party editorial distribution agent and related to a similarly named but completely unrelated company which has come under investigation with the British Columbia Securities Commission.
"When the OTC representatives became aware of the inaccuracy, they promptly required the vendor to remove the misdirected press releases," said Andrew Fellner, CEO of Strategic. "We are very grateful to the OTC Markets website for its prompt correction of the problem," he added.
"Unfortunately, today so much information is distributed by automated systems, often without human confirmation of the accuracy of the information disseminated," Mr. Fellner continued. "This unfortunately makes it very difficult for companies, like ours in this event, to reach all the people who might have read the press releases and been consequently misled by their placement on profiles and affiliated pages relating to our company, into believing that they are in point of fact related to us. We hope that our prospective customers and investors will base their discernment by the legitimate facts relating to our company despite the errors we experience so often in this digital age," he concluded.
About Strategic Global Investments:
Strategic Global Investments is a company engaged in providing its customers with various venues to reach their target audience with on demand programming or advertising through Wazillo.com and WazilloMedia.com. WazilloMedia.com is involved in the production of videos for customers and consumers permitting the use of the Company's state of the art studios to produce their own videos and the use of a website where subscribers can make available live, streaming video for their potential audience. The Company produces Internet content, taped video shows, in their state-of-the-art studios in San Diego, California, where the productions can be stored and replayed on Demand 24/7 through the Company's cutting edge Content Management System. For more information visit our website at: www.strategicglobalinvestments.com
Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE: Strategic Global Investments, Inc.