DHL Q2 Profit Jumps 24% as Express Business Drives Growth 
Boeing Stock Jumps as FAA Certifies 737 MAX-7 After Years of Regulatory Review 
BHP Port Hedland Strike Set to Proceed as Wage Talks Continue 
Palantir Stock Soars as AI Demand Drives Strong Q2 Earnings and Higher 2026 Outlook 
Vast Eyes Hong Kong IPO as Chinese AI Unicorn Gains Momentum 
HSBC H1 Profit Jumps 23%, Announces $1 Billion Share Buyback and Reaffirms 2028 Targets 
FleetPartners Shares Jump After A$760 Million Takeover Proposal From Pacific Equity Partners 
Novo Nordisk Raises 2025 Outlook Despite Wegovy Pill Miss and CagriSema Setback 
Trump Urges Exxon, Chevron to Cut Gas Prices After Record Oil Profits 
Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales 
Shein Targets $30B-$40B Valuation in Hong Kong IPO Planned for August 
Toyota Raises FY2027 Outlook, Announces ¥1 Trillion Buyback Despite Q1 Profit Dip 
SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation 
Prysmian Nears Deal to Acquire Atkore in Potential All-Cash Takeover 
Siemens Energy Q3 Profit Beats Forecast as AI-Driven Power Demand Fuels Growth 
Heineken H1 Operating Profit Meets Forecast as Beer Volumes Beat Expectations 
Novo Nordisk Eyes Turnaround as Oral Wegovy Challenges Eli Lilly in Weight-Loss Drug Race 
 Acquires Social Media Correctional Website Company www.socialdetention.com to Create Marketplace - EconoTimes)
ALAMO, CA , March 26, 2018 --
Social Detention Inc. (OTC PINK: SODE) recently announced it has acquired 100 percent of the company www.socialdetention.com and will launch a marketplace to compliment the social media forum.
www.socialdetention.com is a social media website for members of the corrections industry. The corrections industry is a $200 Billion Dollar per year industry according to the Bureau of Justice. www.socialdetention.com allows decision makers, vendors, suppliers, and facilities to interact. Terms of the deal were not disclosed but Social Detention Inc. did not use stock or create any debt with acquiring www.socialdetention.com and does not expect it to have a negative impact on cash flow or earnings.
Robert P. Legg II, President of SODE, was quoted as saying, “We are very pleased to acquire www.socialdetention.com. The website is a fantastic fit to our corrections and security industry business unit. The platform will allow us a home for a marketplace to sell our goods and services with a built in customer base. I expect the revenue and growth for www.socialdetention.com to increase dramatically becoming part of Social Detention Inc. as we put our resources and team behind it.”
Social Detention Inc. expects to aggressively continue due diligence on current purchase targets and search for other companies to acquire in the infrastructure, security and marijuana industry. Several opportunities are currently being reviewed.
For more information about Social Detention Inc. visit www.sodetention.com.
FORWARD LOOKING STATEMENTS
Except for historical information, this news 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 statements involve unknown risks, and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. Important factors that might cause such differences are discussed in the Company's filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual results could differ materially from those anticipated in these forward-looking statements, if new information becomes available in the future.
Contact: Robert P. Legg II 925-575-4433 [email protected]
