Concordis Group Inc (CNGI)

[SuperC]

CNGI .0398 up .0108 on 2k_vol .... Evening quikfix, I've been looking around since the spike in volume on 12/14. That was a huge alert on news that day. As you've mentioned: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83464726 things are shaping up so why the stop sign?

First of all the website looks really good, not sure if this is an update from your post? http://www.concordisinc.com/Default.aspx

In regards to the stop sign, and what you posted: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83492425

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83456133

It happens that once in a while a company will draw completely back, then during/after "Concordis Group, Inc. Signs Letter of Intent to Acquire Domestic Insurance Compan"y they may complete this transaction in a different light. I'm not saying RM, but... the value is here, SS is good, and they look as though a bottom is settled in [accumulation recently] so that only 2k popped this to .039 today. http://www.profitspi.com/stock/view.aspx?v=price-and-chart&p=5524&i=CNGI&pv=recent-symbols&pp=CNGI#&&vs=634950086340871445

A excellent set of very high volume days since CNGI 12/14/2012 .0320 1,974,680_volume on that announcement.

According to TA Corporate Stock Transfer, Inc, shares outstanding for Concordis Group Inc. as of 01/15/2013 are 48,322,641. Not too shabby considering in the annual report ending Dec 31, 2011 there were 40,704,600

I'll be looking into this one more tomorrow. Appreciate your last 4 posts.

Concordis Group, Inc. Signs Letter of Intent to Acquire Domestic Insurance Company
7:30a ET December 14, 2012 (PR NewsWire)

Concordis Group, Inc. (OTC Markets: CNGI), a growing financial holding company, announced today that CEO Thomas C. Blake has signed a letter of intent regarding the purchase of Builders Insurance Company (BIC).

Specializing in workers' compensation insurance, BIC is domiciled and admitted to do business in the state of Nevada. Upon completion of the acquisition, Concordis Group intends to continue to expand to lines of coverage in the trucking and healthcare industries. The company expects to collect premiums totaling $10 - $12 MM within the first year.

Mr. Blake stated, "This acquisition lays the foundation for Concordis Group to establish itself as a growth-oriented company in the insurance industry. As previously announced, we have an outstanding offer to purchase a Utah-based insurance company. Concordis is currently reviewing other insurance companies that would enhance future operations and is working diligently to grow our portfolio rapidly."

About Concordis Group, Inc.:

Concordis Group, Inc., is a diversified holding company that provides business insurance solutions through its two wholly-owned subsidiaries: Concordis Insurance SPC (CISPC) and Concordis Capital, Inc. (CCI). CISPC, a Cayman Island corporation, is a captive insurance company that specializes in structuring and managing alternative risk management solutions for mid-market companies. CCI, a Florida corporation, provides captive cell funding for CISPC and other businesses and organizations.

Concordis Group's business strategy is based upon strong organic growth combined with strategic acquisitions of companies in the financial services and insurance industries that create additional synergy, have positive cash-flow, exhibit strong long-term growth potential, and possess highly qualified management teams.

Contact:

Concordis Group, Inc.

Thomas C. Blake

Chief Executive Officer

[phone]