SALT LAKE CITY, June 21, 2011 /PRNewswire/ -- Capital Financial
Global, Inc. (OTC:CFGX), formerly known as Toyshare, Inc.
(OTC:TYHR), announced today that it has changed its name from
Toyshare, Inc. to Capital Financial Global, Inc. and is now trading
under its new ticker symbol "CFGX."
Capital Financial Global, Inc. (the "Company") also announced
that it has entered the specialty finance industry and has
appointed credit expert Paul Edward
Norat as its new Chairman & CEO.
The move brings to end an era of Toyshare's business model which
offered membership based recreational equipment and vacation
packages. "The old business model had its day of glory but it
just didn't make sense anymore in today's unique economic
uncertainty and sluggish jobs markets. The economic landscape has
changed," said Mr. Paul Norat, CEO
of Capital Financial Global, Inc.
"When that became apparent, I was approached by a group of
controlling shareholders in Toyshare, Inc. and asked to lead the
Company through a successful transition into the specialty finance
industry," said Mr. Norat.
"I'm very excited to be part of this fine organization and to
bring some long awaited value and returns to the shareholders.
I can't wait to implement the exciting plans that we have
underway, it will be awesome," said Mr. Norat.
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance
company that facilitates the movement of credit and illiquid assets
in the secondary debt markets, by originating new loans, buying and
selling existing loans, and by converting assets upon which these
loans are secured into cash or trade-able form. The company
is publicly traded on the OTC Markets trading system under the
symbol CFGX.
Our Strategy
The Company looks for opportunities for arbitrage by exploiting
price differences in assets due to economic conditions rather than
deterioration in the intrinsic value of the assets themselves.
Included in this approach is the exploitation of situational
motivations and perceptions due to the lessened availability of
credit secured by quality assets.
Market Segments
The market segments the Company operates in are: residential
& commercial real estate, insurance trusts and pension funds,
precious metals, and investment grade government securities. The
Company will also aggressively pursue any other opportunities that
falls within its overall strategy.
Forward-looking statements:
Statements in this press release relating to plans, strategies,
economic performance and trends, projections of results of specific
activities or investments, and other statements that are not
descriptions of historical facts may be forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995, Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual
results could differ materially from those currently anticipated
due to a number of factors, which include but are not limited to,
risk factors inherent in doing business. Forward-looking statements
may be identified by terms such as "may," "will," "should,"
"could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue,"
or similar terms or the negative of these terms. Although we
believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results,
levels of activity, performance or achievements. The company has no
obligation to update these forward-looking statements.
Contact:
Capital Financial Global, Inc.
www.capfiglobal.com
Email: ir@capfiglobal.com
Tel: 801-747-2000
SOURCE Capital Financial Global, Inc.
