BancPro Inc. and Arizona Capital Group Inc. Reach Agreement.TEMPE, Ariz.--(BUSINESS WIRE)--July 7, 1998--BancPro Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BCPO BCPO Board of Certification for Professional Organizers (Dunedin, FL) BCPO Bounded Complete Partial Order ) Tuesday announced that it has reached a significant agreement with Arizona Capital Group Inc. of Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " to purchase ten percent of Arizona Capital Holdings, the parent company of Arizona Capital Group Inc. (ACG ACG American College of Gastroenterology; angiocardiography; apexcardiogram. AcG accelerator globulin (coagulation factor V). AcG accelerator globulin (clotting factor V). ), a full-service securities firm located in Scottsdale. Arizona Capital Holdings has granted a ten percent equity ownership for an undisclosed price. Arizona Capital Group Inc. is a rapidly expanding registered broker-dealer which was approved by the SEC and the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). in September 1997 to handle investment banking and brokerage services. Arizona Capital Group employs 23 full-time employees and is licensed to do business in 36 states. Arizona Capital Group s revenue is derived from underwriting public and private offerings, as well as the retail sale of securities. ACG specializes in assisting intermediate-sized companies raise capital and access the public arena. BancPro s Chief Executive Officer, Ross Murphy, said,"...we are excited about this strategic alliance with the Arizona Capital Group. We believe a relationship between the two firms could be beneficial to the execution of our business plan and the value our stock." Candy Wilson, president, of Arizona Capital Group is confident that the agreement will benefit both companies. "There is synergy between our companies. We share the same focus helping Arizona companies List of Arizona companies includes notable companies that are, or once were, headquartered in Arizona. A
BancPro Inc. is a financial services firm that seeks and funds unique financing opportunities to secure above average rates of return with intermediate size companies that either are public or are in the process of going public, and finances medical services. For more information please call Ross Murphy 888/730-1500. Note to Editors: This press release includes statements, which may constitute forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward looking statements.
CONTACT: BancPro Inc., Tempe
Ross Murphy, 888/730-1500
www.bancpro.com
or
Arizona Capital Group, Scottsdale
Candy Wilson, 602/994-1105
|
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion