SOURCE: Capital Services Group

November 20, 2014 10:00 ET

Capital Services Group Adds Crowdfunding Expert to Its Board of Directors

SAN DIEGO, CA--(Marketwired - Nov 20, 2014) - Capital Services Group, Inc. (the "Company") today announced that crowdfunding expert Richard Swart, who has served on the Company's advisory committee since April, has been appointed to the Company's board of directors. 

Founder and CEO, Thomas Carter, said that "As an advisor, Richard has been tremendously helpful as a resource to our efforts and business strategy. We are pleased to have him play a more consistent role at Capital Services Group as a full-time Director. His experience and understanding of the landscape for capitalizing early stage companies with funding models that are complimentary to the Rule 506c format, will be a tremendous asset to our planning and execution of Equity Round.com, our recently announced managed platform which will enable companies to more efficiently, and in a compliant manner, raise capital and articulate their value proposition. In addition, Richard's presence on the Board will be instrumental in supporting our commitment to best practices in corporate governance and compliance as it relates to our advisory services to client firms undertaking Rule 506c offerings."

About Dr. Swart

Dr. Richard Swart is a PhD in Information Systems, an international award-winning academic and a recognized thought leader in the crowdfunding industry. He is a founding member of the Crowdfunding Professional Association (CfPA), the Crowdfunding Intermediary Regulatory Advocates (CIFRA), and an early leader in the field. Mr. Swart co-organized the first major national conference on crowdfunding and coordinated several educational events on the JOBS Act throughout the United States.

He is currently Director of Research at the University of California, Berkeley's Program in Innovation in Entrepreneurial and Social Finance which is dedicated to academic research on crowdfunding. In addition, Mr. Swart was the lead author of the World Bank report on the potential impact of Crowdfunding and has consulted and spoke on crowdfunding and alternative finance internationally.

Mr. Swart leverages over 20 years' experience in the entrepreneurial ecosystem, proven leadership, academic rigor, deep connections across the US, and his extensive network to help educate and mentor firms, policy holders and businesses. He has played a critical role behind the scenes helping drive crowdfunding forward in Washington, DC since the passage of the JOBS Act and is a highly trusted expert resource for governments, academics and crowdfunding platforms.

Forward Looking Statements
Certain of the statements included in this press release, which express a belief, expectation or intention, as well as those regarding future financial performance or results, or which are not historical facts, are "forward- looking" statements as that term is defined in the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended. The words "expect", "plan", "believe", "anticipate", "project", "estimate", and similar expressions are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance or events and such statements involve a number of risks, uncertainties and assumptions, including but not limited to industry conditions, regulatory changes, general economic conditions, interest rates, competition, and other factors. Should one or more of these risks or uncertainties materialize or should the underlying assumptions prove incorrect, actual results and outcomes may differ materially from those indicated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

About Capital Services Group
Based in San Diego, California, Capital Services Group provides emerging growth companies with resources and support to more efficiently access growth capital and investor support, including investment packaging, direct public offering, shareholder communications. Capital Services Group owns and operates Equity Round.com an online investor website for emerging growth companies to market their offerings under Rule 506(c). In addition, Capital Services Group has recently formed Cap Value, Inc., a merchant bank formed for the purpose of providing strategic advisory services and direct investment into select clients. For more information, go to www.capservegroup.com, www.equityround.com and www.capvalueinc.com.

Contact Information

  • Contacts:
    Thomas Carter
    Capital Services Group, Inc.
    E: Email Contact
    P: 760-845-7545