SALT LAKE CITY, Oct. 25, 2011 /PRNewswire/ -- Capital Financial
Global, Inc. (OTC:CFGX), further articulated and clarified its
corporate mission and vision today.
"We want to make absolutely certain our shareholders and
business constituents know what business we are in and how we are
going to conduct ourselves as an organization," said Mr.
Paul Norat, CEO of Capital Financial
Global, Inc.
The stated corporate mission is:
Mission
To help organizations obtain needed liquidity by using a
non-traditional, asset-backed approach to originating new loans,
buying and selling existing loans, and converting distressed
collateral into cash or trade-able form.
"This means, using assets as the focus, we make money by
charging loan fees, making interest rate spreads on loans we
service, and by selling loans in whole or in part to investors,
hedge funds, or other secondary market players," stated Mr.
Norat.
"We also make money by liquidating the distressed collateral
that we acquire through our own investment activities or through
foreclosures related to the loans we handle," added Mr. Norat.
The stated corporate long-term vision is:
Vision
Our higher purpose is to help restore global economic
stability by adding only socially and economically responsible
financial assets to the global financial system, by helping to rid
the system of illiquid, toxic financial assets, and by being the
positive change we want to see in the world as an
organization.
Mr. Norat stated, "As Mahatma Gandhi said, 'you must be the
change you want to see in the world.' Embracing this vision is
essential to understanding what we are about and what we want to
accomplish. This is the 'big picture' for us and the only way
we believe we can build a sustainable business over the long
run."
"We are angry about the irresponsible lending that has taken
place over the last several years and we are determined to do our
part to help correct it. If everyone in their respective financial
industries adheres to this concept we know it will make a
collective difference. Only then will we begin to see our
inseparably connected world economy begin to improve."
For further information please visit the corporate website at:
http://www.capfiglobal.com
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance
company that, unlike traditional banks, helps organizations obtain
needed liquidity by using an asset-backed approach rather than a
traditional credit approach to originating new loans, buying and
selling existing loans, and by converting distressed collateral
into cash or trade-able form. The company is publicly traded on the
OTC Markets trading system under the symbol "CFGX".
Our Business Model
The Company makes money by originating new loans, buying and
selling existing loans, and by converting distressed collateral
into cash or trade-able form.
Market Segments
The market segments the Company operates in are: insurance
trusts and pension funds, residential & commercial real estate,
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.
