Investor Alert: Rosen Law Firm Reminds Poseidon Concepts Corp. Shareholders of Important April 24, 2013 Deadline - POOSF

  Investor Alert: Rosen Law Firm Reminds Poseidon Concepts Corp. Shareholders
  of Important April 24, 2013 Deadline - POOSF

Business Wire

NEW YORK -- April 10, 2013

The Rosen Law Firm, P.A. reminds investors of the important April 24, 2013
lead plaintiff deadline in the class action lawsuit filed by the firm on
behalf of investors who purchased the stock of Poseidon Concepts Corp. (OTC:
POOSF) during the period from May 9, 2012 to February 14, 2013 (the “Class
Period”) seeking to recover damages for violations of the federal securities
laws.

To join the Poseidon class action, visit the firm’s website at
http://rosenlegal.com, or call Phillip Kim, Esq. or Kevin Chan, toll-free, at
866-767-3653; you may also email pkim@rosenlegal.com or kchan@rosenlegal.com
for information on the class action. The lawsuit filed by the firm is pending
in the U.S. District Court for the Southern District of New York.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.

The Complaint asserts violations of the federal securities laws against
Poseidon and certain of its officers and directors for issuing materially
false and misleading financial information about the Company. The Complaint
asserts that Poseidon falsely overstated revenue and earnings by over 200%
during the Class Period. The lawsuit asserts that this adverse information
caused shareholders to lose nearly the entire value of the investment.

If you wish to serve as lead plaintiff, you must move the Court no later than
April 24, 2013. A lead plaintiff is a representative party acting on behalf of
other class members in directing the litigation. If you wish to join the
litigation, or to discuss your rights or interests regarding this class
action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at
866-767-3653, or via e-mail at pkim@rosenlegal.com. You may also visit the
firm’s website at http://rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.

Contact:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue, 34^th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866--767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com
 
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