CFGX (.02) 11 mil float with big news out today! Completely overlooked!
Capital Financial Global Announces Name Change, New Ticker Symbol, New CEO, Enters Specialty Finance Industry
Capital Financial Global, Inc. (OTC:CFGX), formerly known as Toyshare, Inc. (OTC:TYHR), announced today that it has changed its name from Toyshare, Inc. to Capital Financial Global, Inc. and is now trading under its new ticker symbol "CFGX."
Capital Financial Global, Inc. (the "Company") also announced that it has entered the specialty finance industry and has appointed credit expert Paul Edward Norat as its new Chairman & CEO.
The move brings to end an era of Toyshare's business model which offered membership based recreational equipment and vacation packages. "The old business model had its day of glory but it just didn't make sense anymore in today's unique economic uncertainty and sluggish jobs markets. The economic landscape has changed," said Mr. Paul Norat, CEO of Capital Financial Global, Inc.
"When that became apparent, I was approached by a group of controlling shareholders in Toyshare, Inc. and asked to lead the Company through a successful transition into the specialty finance industry," said Mr. Norat.
"I'm very excited to be part of this fine organization and to bring some long awaited value and returns to the shareholders. I can't wait to implement the exciting plans that we have underway, it will be awesome," said Mr. Norat.
About Capital Financial Global, Inc.
Capital Financial Global, Inc. (OTC:CFGX) is a specialty finance company that facilitates the movement of credit and illiquid assets in the secondary debt markets, by originating new loans, buying and selling existing loans, and by converting assets upon which these loans are secured into cash or trade-able form. The company is publicly traded on the OTC Markets trading system under the symbol CFGX.
Our Strategy
The Company looks for opportunities for arbitrage by exploiting price differences in assets due to economic conditions rather than deterioration in the intrinsic value of the assets themselves.
Included in this approach is the exploitation of situational motivations and perceptions due to the lessened availability of credit secured by quality assets.
Market Segments
The market segments the Company operates in are: residential & commercial real estate, insurance trusts and pension funds, precious metals, and investment grade government securities. The Company will also aggressively pursue any other opportunities that falls within its overall strategy.
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 within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. 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.
Contact: Capital Financial Global, Inc.www.capfiglobal.comEmail: ir@capfiglobal.comTel: 801-747-2000
SOURCE Capital Financial Global, Inc.
