NEW YORK, Feb. 14, 2011 (GLOBE NEWSWIRE) -- Tree Top Industries, Inc.("Tree Top") (OTCQB:TTII) (OTCBB:TTII) and The Selnic Corporation, ("Selnic"), based in Wilton, CT, have recently signed a consulting agreement, pursuant to which The Selnic Corporation will advise on matters relating to investor relations and the international investment community, as well as introduce Tree Top to potential investors and possible acquisition candidates.
Kathy Griffin, President of Tree Top, stated, "We are pleased to be working with Selnic, primarily for the expertise they bring regarding investor relations and the investment community at large. They are currently working on two possible acquisition candidates for us, one in Eastern Europe and one right here in New York, both of which would bring revenue and cash flow to Tree Top, as well as align with the goals of BioEnergy Applied Technologies, Inc., one of Tree Top's subsidiaries. Selnic has been in business for over ten years and bring great expertise and professionalism, as well as a tremendous work ethic."
About Selnic Corporation: According to its founder and president, Selnic Corporation has been in business for over ten years, with 12 years prior to that of public market experience, consulting and advising companies on their investor relations, financial and expansion challenges. Selnic has worked with hedge funds, brokers and private companies, both on the domestic and international scene, and has raised over $80,000,000 equity on their last transaction for a developer in the New York area. Selnic has successfully financed acquisitions and mergers, and has worked with numerous companies, helping institutional investors find the right investment opportunities and partners. They have worked successfully on a global basis, working with companies in London, Iceland, Russia, Kazakhstan, Serbia, as well as Montenegro. Selnic's headquarters are in Wilton, Connecticut.
About Tree Top Industries, Inc.: Tree Top is a development stage company, moving to acquire companies that are in various stages of development. Tree Top uses several different paradigms, including stock exchange, joint venture, cash, and other partnership configurations. Tree Top is a publicly listed, independently audited company that offers structure, transparency, and growth potential through various business paradigms. Tree Top can provide the means, through incubation, for domestic, foreign and international private companies to become part of a public entity in good standing, whose securities are publicly traded.
Safe Harbor Statement
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. 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.