SOURCE: 1st Global Financial Corporation

April 16, 2009 08:50 ET

1st Global Completes Second Acquisition

LAS VEGAS, NV--(Marketwire - April 16, 2009) - 1st Global Financial Corporation (PINKSHEETS: FGBF) announced today that it completed its first home acquisition which combined with its 10 units acquired now has two properties that are part of the 1st Global Business Plan.

"1st Global acquisition of 7425 Rutherford represents the implementation of our business plan, which basically is the purchase and rehab of residential real estate. The properties will either be rented or sold," stated Mr. Davis President of 1st Global, "And as we state in our mission statement, 1st Global will turn REO distressed properties into successful rentals and quality assets."

About 1st Global

Please visit 1st Global's website and review our new business plan. 1st Global's website will be continually update the corporate informational to reflect the changes. (www.1stglobalfinancialcorp.com)

This release includes "forward looking statements" from the company that may or may not materialize, and recipients are cautioned not to place undue reliance on them. It is important to note that actual results could differ materially from those suggested in such "forward-looking statements" and that "forward-looking statements" are inherently subject to risks and uncertainties.

Contact Information

  • For more information about 1st Global Financial Corp. contact:
    Bob Howard
    775-624-8541