posted
After several promotions fgbf is now over $2 and there is no end. Today there is low volume bud wait for the next days! In germany they see fgbf at 6€!
1st Global Financial, Corp. Subsidiary Adds Another New Independent Sales Office That Has National Agent Representation Tuesday March 6, 4:05 pm ET
1st Federal Financial Executes Agreement With Nelce Mosley, a Veteran in ISO Card Processing
LAS VEGAS, NV--(MARKET WIRE)--Mar 6, 2007 -- 1st Global Financial, Corp.'s (Other OTC:FGBF.PK - News) (XETRA:ZUM.DE - News) wholly owned subsidiary, 1st Federal Financial, Inc., has reached an agreement with Nelce Mosley to become a new 1st Federal Independent Sales Office (ISO). Nelce's office located in Southern California has field agents that provide a national presence for 1st Federal. Mosley's will add 30 plus merchant accounts to 1st Federal's portfolio by April 2007. ADVERTISEMENT
Trey Burke, President of 1st Federal Financial, Inc., stated, "Based upon Nelce Mosley's expertise, we expect this ISO to contribute at least an additional 30 plus new merchant accounts per month moving forward. How this translates into processed transactions still has to be determined. However on an industry average, a merchant account processes $8,000 a month. This could add over $10,000,000 in annual credit card transactions within the next 12 months."
"We are very pleased with the addition of Nelce Mosley's ISO to 1st Federal's portfolio," says T.A. "Gil" Gillis, President of 1st Global. "We have seen a substantial growth in our merchant base and we are really pleased with the progress Trey is making expanding our ISO operations by working to continually add offices like Nelce Mosley's ISO to expand our business."
About 1st Global Financial Corporation
1st Global Financial, Corporation's web site is being updated to ensure current company can information can be accessed at (http://www.1stglobalfinancial.com). 1st Global Financial Corporation has two operating subsidiaries: 1st Federal Financial, Inc. is the sales and marketing arm of 1st Global's products, providing merchant bankcard and payment processing for merchants http://www.1stfederalfinancial.com and 1st Federal Advanced Funding, Inc. which provides working capital, through an innovative program, to meet needs of small and mid-sized businesses http://www.1stfederaladvancefunding.com.
This release may include "forward-looking statements" from the company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties.
Contact:
For Investor Relations: Integrated Capital Partners, Inc. 908-204-0004 http://www.stockreportcard.com Or 1st Global Financial Corporation Las Vegas, NV Gil Gillis Phone: 866-418-1GFC (1432) Fax: 775-588-2499 info*1stgf.com http://www.1stglobalfinancial.com
-------------------------------------------------------------------------------- Source: 1st Global Financial, Corp.
Posts: 340 | From: Germany | Registered: Jun 2004
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1st Global Financial to Retire 660,000 Shares From Issued and Outstanding on or Before April 1, 2007 Monday March 12, 4:05 pm ET
LAS VEGAS, NV--(MARKET WIRE)--Mar 12, 2007 -- 1st Global Financial Corp (Other OTC:FGBF.PK - News) (XETRA:ZUM.DE - News) today announced that, as result of a successful judgment in favor of 1st Global and failure to appeal by defendant within the allotted time frame, the company will be rescinding the 660,000 shares allocated to Debit Cash Card Co. upon its acquisition and returning those shares to the company treasury on or before April 1, 2007. ADVERTISEMENT
By removing these 660,000 shares, FGBF is able to reduce the number of shares outstanding of approximately 9,400,000 by more than 7%. Some of these shares were held in certificate form while others will be removed from the free float and returned back to the transfer agent.
"The judgment, as expected, is very positive for 1st Global. However we wanted to make sure that no action was taken to appeal the decision by the defendants before announcing the rescinding of the shares and their return to the company treasury," stated T.A. "Gil" Gillis, President of 1st Global. "We expect the entire share allotment to be canceled by the first week of April 2007 through the transfer agent, thus reducing the number of 1st Global shares issued and outstanding by 660,000 shares."
About 1st Global Financial Corporation
1st Global Financial Corporation's web site is being updated to ensure current company information can be accessed at www.1stglobalfinancial.com. 1st Global Financial Corporation has two operating subsidiaries: 1st Federal Financial, Inc. is the sales and marketing arm of 1st Global's products, providing merchant bankcard and payment processing for merchants www.1stfederalfinancial.com and 1st Federal Advanced Funding, Inc. which provides working capital through an innovative program, to meet needs of small and mid-sized businesses www.1stfederaladvancefunding.com
This release may include "forward-looking statements" from the company that may or may not materialize and recipients are cautioned not to place undue reliance upon them. It is important to note that actual results could differ materially from those in such "forward-looking statements" and "forward-looking statements" are inherently subject to risks and uncertainties.
Contact: For Investor Relations: Integrated Capital Partners, Inc. 908-204-0004 http://www.stockreportcard.com Or 1st Global Financial Corporation Las Vegas, NV Gil Gillis Phone: 866-418-1GFC (1432) Fax: 775-588-2499 info*1stgf.com http://www.1stglobalfinancial.com
-------------------------------------------------------------------------------- Source: 1st Global Financial Corporation
Posts: 340 | From: Germany | Registered: Jun 2004
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