SOURCE: Southern Trust Securities, Inc.
MIAMI, FL--(Marketwired - May 9, 2014) - Southern Trust Securities, Inc. (STS) (PINKSHEETS: SOHL) and Global Strategic Investments, LLC (GSI) announced a mutual decision to join forces through a branch relationship. STS will begin operating through GSI's platform as a branch office pending any regulatory requirements.
STS's Robert Escobio commented, "We believe this next step will benefit our clients by providing products we currently have limited access to. We continue to have a closer working relationship with GSI and look forward to our next steps, which may also benefit our shareholders by reducing our overall expenses."
Orlando Medellin, Chief Executive Officer of GSI, commented, "Our relationship is growing closer with STS and we strongly opine this may benefit both firms moving forward, in light of the experience of the management of both firms as well as the variety of products we can offer our clients."
About Southern Trust Securities, Inc. (STS)
STS is a financial services company offering securities brokerage, investment banking, asset management and private wealth management for a growing base of retail and institutional, corporate, and high-net-worth clients primarily in Latin America and Europe. STS services include access to international investment opportunities in the U.S. and foreign capital markets, offshore entities for financial planning, and cross-border transactions, including private placements, bridge financing and reverse mergers into publicly-traded shell corporations.
About Global Strategic Investments LLC (GSI)
GSI is a financial services company offering securities brokerage, investment banking, asset management and private wealth management for a growing base of retail and institutional, corporate, and high-net-worth clients primarily in Latin America.
This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Corporation's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Except as otherwise required by federal securities laws, the Corporation undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties.