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Social Detention, Inc. (OTC: SODE) is in the
business of building infrastructure. SODE has a long history of
successfully winning contract awards for itself and for other parties. SODE
management intends to grow through the acquisition of some of these very
parties it has helped win awards. SODE President Robert Legg brings over
20 years of security and infrastructure experience and intends to leverage his
long standing connections in the industry to build a network of small providers
into a collective work force that will be able to be awarded multi-million
dollar contracts as a sole source provider. His companies have been recognized
nationally by Inc. Magazine and the San Francisco Business Journal Annually as
one of the Years Fastest Growing Companies. His project experience is $1.5
Billion in cumulative value.
SODE management
experience has been successful in winning contracts from $100K-$5 million for
its partners and intends to build on those successes with its acquisitions to
grow sales from within, instead of for outside parties, to gain new contracts
in the multi-million dollar value range.
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So far in 2020, SODE announced that its
subsidiary has been awarded a new $687,000 building contract for a Public Parks
District. In addition, the subsidiary has completed a $428,000 upgrade to
a City Building. Both of these important projects are government owned and
located in Northern California.
As SODE grows the company is adding customer
references, building supplier relationships and cementing its brand in the
industry. With the successful SODE growth and track record, the
company has been able to attack larger projects that have less competition as
the smaller companies are not capable of performing them.
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Currently, SODE is poised to expand operations via the expansion
of its bond lines and through the acquisitions. SODE intends to raise
money to acquire these revenue generating companies in the construction
industry markets. The SODE growth strategy is to capitalize on industry
leadership and bidding expertise of the management to entice long time owners
to sell out and retire. SODE will also be looking to acquire companies
with complimentary markets, such as manufacturing of materials and material
handling companies. in order to leverage their existing marketplace and
distribution channels to cross market products from its subsidiary
companies.
The US infrastructure industry is expected to grow steadily through at
least 2022. The total output value of the infrastructure construction market
reached US$326.6 billion in 2017 up from US$321.2 billion in 2012 - and will
rise to US$396 billion in 2022 (in nominal value terms), corresponding to a
3.9% annual average growth rate.
The electricity and power sector account for the largest share of the
project pipeline value at US$422.9 billion; this is followed by rail projects;
airport and other infrastructure projects, road projects which make up for
US$110.9 billion and water and sewerage projects valued at US$86.8
billion.
Trump Administration in February 2018, released its infrastructure
initiative to modernize the country's infrastructure. The initiative, which is
estimated to cost US$200 billion, seeks to spur US$1.5 trillion billion in
state, local and private infrastructure investments over the next ten years, by
giving incentives to project sponsors that can demonstrate innovative
approaches to create new revenue sources for projects and improve procurement
practices and project implementation. The infrastructure initiative also seeks
to support rural communities through rural project grants, and speed up the
delivery of large-scale infrastructure projects across the country with
increased federal loan support. All of these projects represent a huge
marketing and revenue growth potential for the long term SODE business
plan.
For more information on Social Detention, Inc. (SODE)
visit: https://www.sodetention.com
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