SOUTHLAKE, Texas, April 30, 2014 /PRNewswire/ -- Swordfish
Financial, Inc. (OTC Pinksheets: SWRF)
Swordfish Financial, Inc. entered into an agreement to purchase
1,500,000 carbon credits from Green Giant Venture Fund's Papa New
Guinea Project (PNG). Sellers are the owners of the
outstanding Carbon Credits of PNG project.
The Carbon Credits will be placed for sale through a broker
dealer and sold to those of interest. Many reports disclosed
the sale of Carbon Credits could sell as high as $11 for each credit. "This agreement was
developed through much communication and research of the best
assets and commodities to acquire which will help grow and expand
the goals of Swordfish" said Mr. Clark
Ortiz - CEO, Swordfish Financial, Inc.
Carbon Credits came from the Kyoto Protocol of 1997. This
is placing a monetary value on the cost of polluting the air.
A credit is a measure reprocessing on megaton of carbon
dioxide. This is either saved from being emitted or removed
from the Earth's atmosphere. Basically, what these credits do
are two-fold; Reduce Greenhouse emissions and Fight climate change
or Global Warming.
Carbon credits are a vital
component of national and international emissions trading
strategies that have been stressed to lessen global warming.
They provide a way to reduce greenhouse effect emissions on an
industrial scale. This is accomplished by capping total
emissions every year and letting the market place a monetary value
to any shortfall through trading. Credits can be exchanged
between national and international businesses. They are
bought and sold in international markets at the current market
price. These credits can be used to finance carbon reduction
between trading partners.
Many professional broker/dealers place the credit price north of
$11 for each credit. "We
believe this investment could places over $16,500,000 cash in Swordfish portfolio of
investments. The credits will be listed with bonafide
broker/dealers for the express purpose of delivering a return to
the Swordfish investment" said Clark
Ortiz. "Our team of consultants and professional
investor group continue to seek new investment opportunities with
the express purpose to increase the share price of Swordfish
Financial and to create greater value to our shareholders."
This investment comes from a new found commitment to the company
which began the beginning of the year to which caused the
management of Swordfish to restructure the company and focus
towards investment options.
For more information regarding this and other transactions
please visit www.SwordfishFinancial.com.
About Swordfish Financial, Inc.
Swordfish Financial, Inc. (SFI) is a publicly held diversified
financial company designed to acquire undercapitalized assets with
a high level of profitability in the digital, entertainment,
energy, commodities and Smart technology industries. SFI develops
capital while providing valuable opportunity of loans and or
investment in, small and medium sized organizations with the goal
of increasing investor value.
Forward-Looking Statements:
Contained; forward-looking statements about management's view of
SFI's future expectations, plans and prospects. Statements made are
forward-looking which involve known and unknown risks,
uncertainties and other factors, which may cause the results of SFI
to be materially different than those expressed or implied in such
statements. These risk factors and others are included from time to
time in documents that SFI files with the Securities and Exchange
Commission, including but not limited to, its Form 10-Ks, Form
10-Qs and Form 8-Ks. SFI cannot guarantee future results, levels of
activity, performance or achievements. Accordingly, you should not
place undue reliance on these statements. Finally, SFI undertakes
no obligation to update these statements after the date of this
release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are
not paid for by SFI.
Contact:
Contact Information: Investor Relations
Phone: 1-817-845-6244
Email: ir@SwordfishFinancial.com
www.Facebook.com/SwordfishFinancialInc
Twitter @SwordfishWorld
Podcast www.SwordfishNews.com
SOURCE Swordfish Financial, Inc.