Sunridge International (PINK:SNDZ), announced today that it will not be moving forward with the sale of its assets to Westhouse Medical of London, England due to Westhouse's failure to make certain payments as required by the asset purchase agreement entered into between the parties.

Sunridge intends to invoke the arbitration provision of the asset purchase agreement to address issues raised as a result of Westhouse's failure to make the required payments.

About Sunridge International

Sunridge International, Inc. is a fully reporting company, incorporated in Nevada and trading on the OTCBB under the ticker SNDZ. Our Arizona based holding company is focused on strategic acquisitions of vertically integrated companies in the private sector.

 

Contact

Jeff Smith, Sunridge International
T: +1-480-837-6165
e-mail: info@sunridgeint.com



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