NEW YORK, Dec. 8, 2011 (GLOBE NEWSWIRE) -- Tree Top Industries, Inc. ("Tree Top") (OTCBB:TTII) has formed a new subsidiary for the purpose of raising capital, and investing that capital in attractive companies. Investment targets will be publicly traded companies, private companies who plan to go public in the near future, and other new and emerging businesses.
David Reichman, Chairman and CEO of Tree Top, stated: "As we move forward in this global economy, we must become even more focused on emerging 'genius' wherever we can find it - people and the technologies they envision. We hope to find these technologies and seize the opportunities, whether via acquisition, partnering, or investment. We will look to establish a special advisory board which will provide guidance, technical knowledge, and vision to help identify these people and their related companies or technologies. During the month of December, we will provide an update of our progress to date in a Letter to our Shareholders."
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, compliant and PCAOB 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. (www.ttiiob.com)
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 Tree Top'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 Tree Top'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 Tree Top with the Securities and Exchange Commission. Tree Top undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.