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STBV Strategic Global Investments Inc (CE)

0.0001
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Strategic Global Investments Inc (CE) USOTC:STBV OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0001 0.00 01:00:00

Strategic Global Investments, Inc. Signs Strategic Alliance/Profit Sharing Agreement With Infinity National Asset Management, In

11/08/2010 6:17pm

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Strategic Global Investm... (CE) (USOTC:STBV)
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Strategic Global Investments, Inc. (PINKSHEETS: STBV) today signed an agreement with Infinity National Asset Management, Inc., which purchases pre-foreclosures from banks, credit unions and individuals at significantly reduced prices prior to public sale. STBV will fund the purchase and costs of rehabilitating each property. Infinity, which has a real estate sales division, will sell each property. All revenues will flow through STBV which will split earnings 50/50 with Infinity.

Andrew Fellner, President of STBV, states, "We are very excited about this project because it will enable us to take advantage of the recovery in Southern California real estate, creating cash flow on a monthly basis, while we continue to develop our long term projects in Los Cabos and La Paz. The first purchase of a house located in the San Diego area is already in escrow and set to close in less than 30 days. Funding for the purchase has been acquired."

Bruce Michael, CEO of Infinity National Asset Management, Inc., says, "We are thrilled to be working with STBV, because the alliance will accelerate our national growth and further allow our asset management division to provide better benefits to the banks and credit unions that we service."

Strategic Global Investments, Inc. (PINKSHEETS: STBV), is a real estate development corporation. Strategic Global Investments is a Delaware Corporation trading on OTC:STBV. The principal office is in Carlsbad, Ca. www.strategicglobalinvestments.net

Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.

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Contact: Andrew Fellner 760-685-7171 Email Contact

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