SALT LAKE CITY, Nov. 28, 2011 /PRNewswire/ -- Capital Financial
Global, Inc. (OTC:CFGX), announced today that its insurance lending
pipeline has reached $13.9 Million
Dollars.
"It's important that our shareholders know that our core lending
business is progressing very well," said Mr. Paul Norat, CEO of Capital Financial Global,
Inc. "Taken with our recently acquired distressed gold mine,
we have the makings of some nice revenues for the next coming
years. As we are able to put more pieces into place, our progress
will accelerate more, and more."
The Company's insurance lending activities include making loans
to insurance trusts, deferred compensation trusts, and other
qualified and non-qualified plans, including premium financing on
individual policies.
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
fall 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.
