KCM HOLDINGS Refines Alternative Assets Management Arm Targeting Initial $1MM Expanding to $100MM
May 12 2010 - 8:00AM
Marketwired
KCM HOLDINGS CORP. (PINKSHEETS: KCMH) announced strategic
advancements for its subsidiary KCM Trading Group to refine its
existing alternative assets model targeting an initial $1MM under
account management. KCM Trading Group currently manages an internal
proprietary hedge fund and will shortly provide additional
financial vehicles to increase revenue and shareholder equity. Once
this model is proven, the company plans on expansion targets of
$100MM in total assets under management.
"For the past couple years we have been building a solid revenue
base, increasing profits every quarter and remaining debt free,"
says Donald Klein, CEO of KCM Holdings and hedge fund managing
partner, "and this year we've begun to refine our models based upon
the invaluable market experience gained. This both simplifies
operational models while presenting high leverage opportunities and
maximum risk mitigation through sound investment vehicles."
KCMH has secured key agreements and partnerships with financial
institutions as part of the refinement strategy. The model will
enhance all KCMH incubated ventures, both publicly traded and
private to increase the company's market value. This will also
generate revenue for the KCM Venture Philanthropy group to support
its global humanitarian project network.
KCMH on Twitter: Twitter.com/KCMHoldings.
About KCMH: KCMH is a strategic business development holdings
company. www.thekcmgroup.com.
Disclaimer Forward Looking Statement
The contents of this Press Release may include forward-looking
statements within the meaning of United States securities laws and
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are only predictions and should not be relied upon for
investing decisions. Actual results might differ materially from
projected in the forward-looking statements for variety of reasons,
including market conditions, competition and new regulatory
requirements. Forward looking statements involve known and unknown
risks, uncertainties and factors that may cause the Company's
actual results, activity levels, performance or achievements to be
materially different from future results, activity levels,
performance or achievements expressed or implied by the
forward-looking statements. We cannot guarantee future results,
levels of activity, performance or achievements.
Contact: KCM HOLDINGS CORP., Frisco Donald Klein President
1-888-897-5274 info@thekcmgroup.com
KCM (CE) (USOTC:KCMH)
Historical Stock Chart
From Oct 2024 to Nov 2024
KCM (CE) (USOTC:KCMH)
Historical Stock Chart
From Nov 2023 to Nov 2024
Real-Time news about KCM Holdings Corporation (CE) (OTCMarkets): 0 recent articles
More KCM HOLDINGS CORP News Articles