CFGX Capital Financial Global Announces Formation
Post# of 94264
Posted On: 11/11/2013 8:11:14 AM
CFGX Capital Financial Global Announces Formation of Advisory Panel
SALT LAKE CITY, Nov. 11, 2013 /PRNewswire/ -- Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has formed an informal Advisory Panel.
The news comes on the heels of the Company's recent announcement that it intends to restructure its board of directors to conform to national stock exchange guidelines.
"The formation of an Advisory Panel is designed to give us a format to seek out and engage experienced and talented individuals to help guide us through this transitional period without asking them to take on the liability normally associated with being a full-fledged member of our board of directors," said Mr. Paul Edward Norat, CEO of Capital Financial Global, Inc. "We have several individuals in mind that want to help us with specific projects, but don't want to take on director liability to do it."
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"
SOURCE Capital Financial Global, Inc.
Copyright 2013 PR Newswire
SALT LAKE CITY, Nov. 11, 2013 /PRNewswire/ -- Capital Financial Global, Inc. (OTC Pink: CFGX), announced today that it has formed an informal Advisory Panel.
The news comes on the heels of the Company's recent announcement that it intends to restructure its board of directors to conform to national stock exchange guidelines.
"The formation of an Advisory Panel is designed to give us a format to seek out and engage experienced and talented individuals to help guide us through this transitional period without asking them to take on the liability normally associated with being a full-fledged member of our board of directors," said Mr. Paul Edward Norat, CEO of Capital Financial Global, Inc. "We have several individuals in mind that want to help us with specific projects, but don't want to take on director liability to do it."
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"
SOURCE Capital Financial Global, Inc.
Copyright 2013 PR Newswire
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