Mr. Sessions continued, "During the last month the Company has undertaken a complete review of this very dynamic market place, and expanded our view of the growth potential, especially with regard to educational management services. As a result of this review, we are expanding our acquisition targets from the K-12 charter school area, to include both Pre-K and higher education, and are considering a number of private school situations. We think they can immediately benefit from the technology offerings, and provide a larger base to expand our operations."
The Board also approved the appointment of Peirce Sullivan as the Secretary of Sibling Group Holdings. Peirce is a Vice President of Greenwich Group International, a real estate investment group, and had joined the Board of Directors in 2012.
About Sibling Group Holdings, Inc
Sibling Group Holdings, Inc. (OTCQB:SIBE) intends to acquire advanced technology and education management operations, to enhance and accelerate the delivery of 21st century learning using multiple teaching and learning modalities on a global basis. The mission will be accomplished by accessing funds from the public capital markets and melding them into a unified strategy that will help to accelerate the improvement of K-12 education across the globe. The desired result will be better educated children, a sustainable and cost effective teaching model, primarily for K-12 education, and reduced dependence on governmental funding. For a complete overview please visit the Company web site at: www.newco4education.com .Safe Harbor: This press release may contain forward-looking statements that involve a number of risks and uncertainties and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Sibling Entertainment Group Holdings, Inc. is subject to risks detailed from time to time in its publicly filed documents available at www.sec.gov . Sibling Entertainment Group Holdings, Inc. does not undertake to update any forward-looking statements that it may make to conform to actual results. All current and potential shareholders are asked to read all filings for the Company at the Securities and Exchange Commission web site, www.SEC.gov
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