SouthCorp Capital Announces It Has Acquired New Equipment For Factory & Executes Deal Expected To Generate up to $1 Million p...

SouthCorp Capital, Inc. (OTCQB: STHC) announced today that the Company has acquired a new rotary piston filling can line for Nate’s Food Co. (OTC: NHMD). The equipment cost approximately $400,000 and the Company receives revenue for each can produced from the equipment. The new line will be capable of producing between 8,000,000 and 10,000,000 cans per year. The initial components are expected to be installed in the next 3-4 weeks with the remaining components added on to increase the number of cans produced per minute. The Company currently is forecasting that the new equipment will generate approximately $1 Million a year revenue. Once the factory in Indiana is completely built, the Company is expecting to generate revenues of $10-30 million per year.

About SouthCorp Capital. Southcorp Capital, Inc. is a Delaware corporation. The Company focus is on the acquisition and renovation of single-family and mutli-family properties in the U.S. with the intent of reselling the property after renovations have occurred. Our real estate investments are expected to focus properties undervalued and/or in need of some repairs.

Notice Regarding Forward-Looking Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

Contacts:SouthCorp Capital, Inc.Joseph [e-mail]

SouthCorp Capital, Inc.Joseph Wade, [e-mail]