SOURCE: Sebastian River Holdings, Inc.

Sebastian River Holdings, Inc.

October 11, 2012 12:33 ET

Sebastian River Holdings, Inc. Launches Regulatory Compliance and Liquidity Initiative

TORRANCE, CA--(Marketwire - Oct 11, 2012) - Sebastian River Holdings, Inc. (PINKSHEETS: SBRH) is pleased to announce the Launch of Regulatory Compliance and Liquidity Initiative. After achieving the goals outlined in the Shareholder Communications Initiative, the Board of Directors and Management has put into action the Regulatory Compliance and Liquidity Initiative encompassing the following:

  • Engagement of reputable accountancy providing PCAOB (Public Company Accounting Oversight Board) auditing service to independently examine Financial Statements in order to become eligible for QB/BB status as a SEC Reporting Issuer.
  • Aggressively seek out and eliminate issued securities and purported long-term liabilities of which the holders have no ability to demonstrate consideration paid for said securities.
  • Engage specialized Legal Counsel to assist in compiling documentation and obtaining our Common Stock's eligibility to be settled on the DTCC's T+3 settlement system.
  • Establish relationships with compliance departments at the five top-tier discount brokerages in order to facilitate necessary information to commence trading of our Common Stock, thereby increasing market liquidity and shareholders' ability to more freely trade our Common Stock.
  • Engage a reputable Investor Relations firm to monitor market activity and report results to Management with key suggestions in increasing awareness and lowering market volatility in order to obtain a truly relative market cap.
  • Engage an independent firm to provide valuations of Corporate Assets for transparent reporting of our subsidiaries' and portfolio holdings' market value.

"We are pleased with the abilities of our team and shareholders, I believe our company is undervalued due to these encumbrances and with the help of the professionals that we have been communicating with, we can prove Sebastian River's value to shareholders' and prospective shareholders alike," Mr. Benjamin, CEO and Chairman said. The Resolution adopting the initiative was executed early October 11, 2012 by the Board of Directors.

About Sebastian River Holdings, Inc.

Sebastian River Holdings, Inc. (a C-Corp formed under the Laws and Jurisdiction of Florida), founded in 1995, is a well-diversified holding company with a scope and experience level unsurpassed by peer companies. Operating under three major divisions: Corporate Equity Speculation & Financing, Business Incubation, and Business Services, Sebastian River Holdings is a business development centric holding company. Shareholders can now subscribe to our Shareholder Newsletter, you will receive press releases at the time it hits the wire and other important shareholder announcements.

Forward-Looking Safe Harbor

This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission and/or OTC Markets Disclosure & News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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