SALT LAKE CITY, Dec. 19, 2013 /PRNewswire/ -- Capital
Financial Global, Inc. (OTC Pink: CFGX), announced today that
Aldis Barsketis has been appointed
to the company's Advisory Panel.
"Having Aldis as a resource to help guide us through our
upcoming life settlement activities will be extremely beneficial to
our success," said Mr. Paul Edward
Norat, CEO of Capital Financial Global, Inc. "Aldis has
seasoned experience doing the exact kind of transactions that we
will be doing in the near future, and has the connections to
augment our distribution network. I'm delighted he has agreed to
join our cause."
Aldis Barsketis has worked in the
Insurance and Investment area for over 23 years. He started his
career with Fidelity Investments as a retirement specialist, then
as a Regional Vice President for Transamerica overseeing the sales
and implementation of small to mid-sized company qualified plans in
the Rocky Mountain Region. In 2004, he was a founding partner in a
national insurance brokerage and managed the origination and
implementation of over $250 million
of premium financed life insurance and the purchase and sale of
senior life settlements. Recently he has worked as a consultant for
various organizations in the design and implementation of various
insurance and investment products. Mr. Barsketis has a bachelor's
degree in marketing and a minor in finance from DePaul University.
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (CFGX) is a specialty finance
company that offers 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.
Our Market Positioning & Differentiation
Unlike traditional banking models, CFGX offers organizations
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.
Our Revenue Model
We seek revenue from loan fees, interest rate spreads on loans
we hold, and margins on loans sold in whole or in part to
institutional investors, hedge funds, or other secondary market
participants. We also seek revenue 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"
SOURCE Capital Financial Global, Inc.
