Sunset Capital Assets, Inc. (Sunset Brands, Inc.) Acquires Green Bear Solutions, LLC
July 29 2013 - 9:15AM
Business Wire
Sunset Capital Assets, Inc., (SSBN), a Nevada corporation,
trading on the Over the Counter (OTC) markets “pink sheets” as
SSBN, announced today that the Company finalized the acquisition of
Green Bear Solutions, LLC., a privately held automotive sales and
finance company headquartered in Indianapolis, IN that helps
consumers with less than perfect credit, purchase and finance
vehicles that are typically not available to the millions of
Americans with subprime credit history.
Green Bear Solutions CEO, Rick Stanley, stated, “The strategic
relationship with Sunset Capital Assets will position Green Bear
Solutions to opportunistically capture market share and increased
profitability at an accelerated pace. The ability to leverage
Sunset’s brand and management strength into all aspects of our
business model will give Green Bear a competitive advantage in a
fragmented marketplace. ”
Gene Smith, Vice Chairman of Sunset Capital Assets, Inc., stated
, "The merger of Investment Capital Fund Group, LLC, a wholly owned
subsidiary of Sunset Capital Assets, and Green Bear Solutions, LLC
is the next step in creating a national automotive finance company.
"The Green Bear acquisition broadens the footprint of ICFG from the
Southeastern U.S. to include the Midwestern Region of the U.S. The
revenue model and the C-level talent of Green Bear will add
strategic growth to the current model of ICFG/Sunset. We remain
excited about the continued growth of Sunset. "
Sunset Capital Assets, Inc. is a diversified financial services
firm focusing on acquisition and investment in federally insured
banks, mortgage companies, real estate, title insurance, insurance,
auto financing, commercial financing, investment banking
,management consulting service primarily in the Southeast United
States.
This press release includes forward-looking statements intended
to qualify for the safe harbor from liability established by the
Private Securities Litigation Reform Act of 1995. Our
forward-looking statements express our current expectations or
forecasts of possible future results or events, including
projections of future performance, statements of management's plans
and objectives, future contracts, and forecasts of trends and other
matters. Forward-looking statements speak only as of the date of
this filing, and we undertake no obligation to update or revise
such statements to reflect new circumstances or unanticipated
events as they occur. You can identify these statements by the fact
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often use words such as "anticipate", "estimate", "expect",
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words and expressions of similar meaning. No assurance can be given
that the results in any forward-looking statements will be achieved
and actual results could be affected by one or more factors, which
could cause them to differ materially. For these statements, we
claim the protection of the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform
Act.
SSBN CONTACT:Jeffrey S. BetrosInvestor RelationsSunset
Capital Assets, Inc.904-436-6217jbetros@sunsetcap.net
Sunset Capital Assets, Inc.Jeffrey S. Betros,
904-436-6217Investor Relationsjbetros@sunsetcap.net
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