SOURCE: 1st Global Financial Corporation

January 31, 2011 13:52 ET

1st Global Business Strategy for the Future

LAS VEGAS, NV--(Marketwire - January 31, 2011) -  1st Global Financial Corporation (PINKSHEETS: FGBF) announced today its strategy for the property acquisition business which as a whole is facing unique challenges and significant opportunities to grow as a direct result of the new circumstances governing the property markets.

On the Company's website (www.fgbf-corp.com) the company explains how through:

Options and Bond investment - the Corporation can option the properties at a price / valuation below market but sufficient to discharge lending obligations.

Amalgamation and Growth - within the option contracts the Corporation has negotiated properties with income potentials with a 9% to 18% yield over a seven or ten year investment term.

Asset Backed Investment - 1st Global Financial Corporation's business plan is the creation of an asset backed investment with auditable income generated out of properties acquired.

"Based upon the business plan," stated Johnny Banister, President of 1st Global, "the Corporation is positioned to take the best possible advantage of present market conditions in order to acquire substantial property portfolio value. That in turn generates income to service bond interest payments and to inspire further investment confidence in the Corporation's ability to grow."

About 1st Global Financial Corporation

1st Global Financial Corporation's business plan is to acquire substantial property portfolios in Europe and the USA in partnership with established property developers and institutional investors. The Corporation will be announcing in the near future further details of the acquisitions under contract.

Our immediate actions will involve bringing the Corporation to a fully reporting position with regards to our financial information.

Please visit our website @ www.fgbf-corp.com

Safe Harbour Statement: This release includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as FGBF or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. Similarly, statements herein that describe the Company's business strategy, outlook, objectives, plans, intentions or goals also are forward-looking statements. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

Please send inquires to info@fgbf-corp.com.

Contact Information

  • 1st Global Financial Corporation
    Please contact us at:
    702-448-1861