Strategic Growth Ventures, Inc. Announces Merger Completion and New Trading Symbol
May 31, 2006 9:00:00 AM
Copyright Business Wire 2006
COLUMBIA, Md.--(BUSINESS WIRE)--May 31, 2006--
Strategic Growth Ventures, Inc. (OTC:SGWV) has concluded a merger with its subsidiary Beere Financial Equity Corp. (OTC:BRFE).
Beere Financial Equity Corp. will be the surviving corporation and is renamed Beere Financial Group, Inc. Michael Elliott will be the President of the merged company and be a member of the board of directors with Scott Balmer and Russell Smith as the other directors. Norman Birmingham, the prior Beere Financial President, will remain as a consultant for all merger, acquisitions, capital raising and compliance matters.
Beere Financial Group, Inc. (Pink Sheets:BRFG.PK) will begin trading at the market open on May 31, 2006. The former shareholders of SGWV will notice a 1:5 reverse split in their accounts.
The merger of the two companies creates fully reporting and trading entity with in excess of $4,200,000 in assets, projected sales from the entertainment division of in excess of $2,000,000, a resource recovery and oversight division with expected revenue of $1,000,000 in commissions and between $250,000 and $1,000,000 in revenue from its resource oversight and sales operations. The jewelry sales operations have been deferred and no known date for their activation has been scheduled.
The company is seeking to purchase or joint venture various resource recovery and reclamation projects in the U.S., Canada and the Caribbean.
About Beere Financial Group, Inc.:
Beere Financial Group, Inc. invests in emerging growth companies with ongoing operations that are poised for expansion and in underserved markets specifically in environmentally friendly resource remediation and resource recovery.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
Source: Beere Financial Group, Inc.
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Beere Financial Group
Inc.
Mike Elliott
813-600-3490
info@beerefin.com
www.beerefin.com
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