Strategic Global Investments, Inc. Signs Strategic Alliance/Profit Sharing Agreement With Infinity National Asset Management, In
August 11 2010 - 1:17PM
Marketwired
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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