SALT LAKE CITY, June 20, 2012 /PRNewswire/ -- Capital
Financial Global, Inc. (OTC: CFGX), announced today that it has
formed a small hard money lending syndicate to fund smaller
transactions that don't meet current minimum size limitations.
"This will allow us to stop passing up on one-off transactions
that are too small or aren't part of a portfolio," said Mr.
Paul Norat, CEO of Capital Financial
Global, Inc. "Typically we can't work with transactions that are
too small for the institutional investors and securitization models
we currently use. This will allow us to diversify our
offerings and allow us to generate revenue in more ways."
|
CFGX
Security Details
|
|
|
|
Shares
Outstanding
|
116,037,258
|
a/o Jun
20,
2012
|
|
Float
|
51,014,037
|
a/o Jun
20,
2012
|
|
Authorized
Shares
|
500,000,000
|
a/o Jun
20, 2012
|
|
Shareholders of Record
|
219
|
a/o Jun
20, 2012
|
|
Par
Value
|
0.001
|
|
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance
company that provides asset-backed financing and loan advisory
services to insurance trusts & pension funds, owners of
commercial real estate, owners of residential real estate
portfolios, and owners of mining & precious metals assets.
Unlike traditional banking models, CFGX 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 converting distressed collateral
into cash or trade-able form. We are the preferred alternative to
traditional bank financing.
Our Business Model
We make money by charging loan fees, making interest rate
spreads on loans we hold, and by buying & selling loans in
whole or in part to institutional investors, hedge funds, or other
secondary market participants. We also make money by charging
loan servicing fees and by selling distressed assets that we
acquire for our own investment or through some type of
foreclosure.
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.
For more information please contact:
Capital Financial Global, Inc.
Investor Relations
Tel: 888-801-9715
Email: ir@capfiglobal.com
www.capfiglobal.com
SOURCE Capital Financial Global, Inc.
