Solidus Communications announces new project, ILLUMIVATION LABS, Inc.
Solidus Communications, Inc. (OTCBB:SLDC)
ORMOND BEACH, FL, USA, July 2, 2024 /EINPresswire.com/ — Solidus Communications announces new project, ILLUMIVATION LABS, Inc.
Solidus Communications, Inc. (OTC PINK: SLDC)
Dear Shareholders,
This past year, 2023 – Our President – William J Sanchez was named to the Volusia County Business Incubator Advisory Board. The Incubator is a partnership between Volusia County and The University of Central Florida targeting emerging business in many sectors, including the Aero Space industry.
Our President’s exposure during his continued tenure at the VC Business Incubator Advisory board has yielded opportunities that Solidus Communications will develop.
A new subsidiary, Illumivation Labs, Inc. has been incorporated in the State of Florida to develop those projects with the potential to bring massive shareholder value.
Shortly, Solidus Communications will announce a Scientific Board of Advisors that will aid us in developing those projects, and to bring those emerging technologies to market.
The Scientific Board of Advisors will be comprised of professors and scientists in Physics, Math, and the Aerospace sector.
During this pivot, we assert Solidus Communications’ commitment to its core business has not changed, but the Wireless Internet Service Provider industry has.
While the above is certainly good news, and has the potential to redefine Solidus Communications, the recent BEAD grant awards in the state of Florida have created obstacles to our wireless internet roll out strategy.
“Competing with those grants, that are in essence “free” money, largely given to only big Internet providers and the resulting unavoidable Fiber over build in the areas we offer service creates a race to the bottom in price for us.”, stated William Sanchez, President of Solidus Communications, Inc. (SLDC)
Solidus Communications, Inc. concluded a pivot to a new sector was required to continue its path to increasing shareholder value.
William J Sanchez, continued, “I am looking into compelling technology in the Aerospace industry as the next step in our evolution. The Aerospace industry is in its infancy, and we are in the right place and are at the right time to ride the oncoming wave.”
More information will be made available when merited.
Thank You,
William J Sanchez
President & CEO
Solidus Communications, Inc.
william@soliduscommunications.com
(305) 747 – 7647
NON SOLICITATION:
This press release does not constitute an offer to sell or the solicitation of an offer to buy any of these securities, nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale is not permitted. Any securities offered or issued in connection with the above-referenced merger and/or investment have not been registered, and will be offered pursuant to an exemption from registration.
FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “plans,” “explores,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “anticipate,” “estimate,” “expect,” “intend,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the company’s filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the company’s business, financial condition, and results of operations.
Contact us at:
William J Sanchez
Chairman/CEO
william@soliduscommunications.com
(305) 747 7647 x 101
Follow “SLDC” on Twitter: @soliduscommunications
Stock Symbol: SLDC
Company Website: www.soliduscommunications.com
William Sanchez
Solidus Communications, Inc.
+1 305 747 7647
email us here
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