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Converge Global, Inc. Take Over Offer

Jul 08, 2014
OTC Disclosure & News Service

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Converge Global, Inc. Take Over Offer

OKLAHOMA CITY, OK--(Marketwired - Jul 8, 2014) - Converge Global, Inc. ("The Company") (OTC Pink: CVRG) (PINKSHEETS: CVRG) announced today that it has received a reasonable offer for the control of Converge Global Inc. by a European investment fund. The CVRG Board of Directors has been given until August 5th, 2014 to respond.

CVRG also announced its board of directors is positively reviewing the possibility of performing a reverse split on their stock in order to counter the effects of short sellers and thus allowing the share price to reflect the true value of the company. "We have noticed a sharp decline in the value of our stock which does not reflect the true value and future potential of our company, We must consider all preventative measures in order to guarantee the future success of Converge Global Inc. and a fair return on investment for our loyal shareholders," stated Alexander Shirokov, President of Converge Global, Inc.