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SODE Social Detention Inc (PK)

0.0048
0.00 (0.00%)
13 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Social Detention Inc (PK) USOTC:SODE OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0048 0.0033 0.0049 0.00 20:30:04

Social Detention Inc. Completes California Highway Patrol Project

09/11/2017 1:40pm

InvestorsHub NewsWire



Alamo, CA -- November 9, 2017 -- InvestorsHub NewsWire -- ELLA, a subsidiary of Social Detention Inc.  SODE, recently completed the California Highway Patrol Mountain Pass Joint Entry project.  The project consisted of ballistic frames, security glazing and activated hardware. Contract value was $98,000.00.  The project was completed on time and within budget.

ELLA is a general contracting, general engineering and specialty contracting company in California and offers comprehensive construction services across the Western Pacific region.  


 
The contract value will be included in Social Detention Inc.’s third-quarter 2017 revenue. The completed contract will help boost the company’s top-line growth in the near term.

Robert P. Legg II, President and CEO, stated, "I am pleased we are winning and completing projects in our security and infrastructure divisons.  Procurement is robust in both sectors and we look forward to building our backlog for 2018." 

The company anticipates to gain from increased backlog and continuous success in winning new projects, combined with the benefits expected from the FAST Act, California’s SB1 transportation bill, and several large voter-approved transportation funding measures.

Social Detention Inc. expects a significant volume of prospective opportunities and bidding activities for infrastructure and security projects over the next several years. The strength of the underlying demand will likely support its long-term outlook for growth and profitability. 

 
For more information about Social Detention Inc. visit www.sodetention.com.

This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results, specifically in the areas of future sales growth and profitability. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition, and other material risks. For more information regarding our company, please see: http://www.otcmarkets.com/stock/SODE/filings

Social Detention, Inc.

blegg@sodetention.com

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