Capital Financial Global Engages Securities Counsel to File SEC Registration Statement
August 23 2013 - 7:00AM
Marketwired
Capital Financial Global, Inc. (OTC Pink: CFGX), announced today
that it has selected the veteran securities firm Kruse, Landa,
Maycock & Ricks, Salt Lake City, to assist in preparing a
registration statement to be filed with the SEC by Capital
Financial Global .
Once the registration is filed and effective, Global Capital
Financial will be required to file quarterly and annual SEC
reports, which is a requirement for its common stock to be eligible
for quotation and trading on higher-level OTC markets.
"I'm proud to announce our selection of Kruse Landa and consider
it a huge compliment that they are willing to team up with us,
since they are selective in who they are willing to represent,"
said Mr. Paul Norat, CEO of Capital Financial Global, Inc. "This
move means we can now continue to move forward with our SEC filings
to become fully reporting, up-list, and start raising more
capital."
"As I've stated previously, taking steps to becoming fully
reporting with the SEC is very significant for the success of our
Company because it will allow us to access capital in ways that
have been inaccessible to us for the last several years," added Mr.
Norat. "These are crucial milestones for us to hit."
More information about the securities firm Kruse, Landa, Maycock
& Ricks can be found on their website at
http://klmrlaw.com/
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (CFGX) is a specialty finance
company that provides asset-based 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.
Our Market Positioning &
Differentiation
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 Revenue 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.
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 Twitter: @CFGX Facebook: "Capital Financial
Global, Inc. Ticker: CFGX"
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