1st Global Financial Corporation Receives Strong Upgrade by Respected Research Firm.Subsidiary 1(st) Federal Financial Reports Record Growth in Merchant Account Processing to Over $2.5 Million per Month LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- 1st Global Financial Corporation (PINKSHEETS: FGBF) is pleased to announce a well-respected firm, TRI-STATE Capital (TSC TSC Thestreet.com (stock symbol) TSC Time Stamp Counter TSC Tuberous Sclerosis Complex TSC Tractor Supply Company TSC Terrorist Screening Center (Department of Homeland Security) ), has upgraded their equity rating on FGBF. This strong upgrade comes at a time when the company's subsidiary 1st Federal Financial has experienced continued record growth in merchant account processing. 1st Federal is currently processing approximately $2.5 million per month in merchant accounts. The subsidiary seeks to generate an additional $4.8 million in annual card transactions through the signed agreement with "A Business Store." This agreement will add over 50 new merchant accounts to the companies growing portfolio. TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.otclive.com T.A. "Gill gill, in weights and measures gill, in weights and measures: see English units of measurement. " Gillis, President of 1st Global states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This offers further confirmation to our shareholders that our company is headed in the right direction". Mr. Gillis further stated, "We anticipate continued record growth in merchant account processing fueled by the increasing needs of Hispanic merchants." Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : This press release contains forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion