CONVERGENCE TECHNOLOGY GROUP, INC. ( CNVC ) Convergence Technology Group, Inc., mission is to provide the services, strategies and support to public companies in the business of being a public traded company .
Recent Price
$.015
Market Capitalization
$1.59M
Est Float
154K
Outstanding Shares
106M
Exchange
OTC.PK
Convergence Technologies Group, Inc. 2055 Yukon Street Suite 901 Vancouver, BC V5Y4B7 Canada
· CNVC assists already public companies in a variety of different ways. It also acquires solid private companies.
· CNVCÂ’s goal is to address a particular set of challenges, or "pains" that public companies face, and in particular, micro-cap companies
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Current Projects
Convergence Technologies Group Incorporated Continues Growth with further Contract Renewals and an exclusive distribution agreement with Sennheiser
Convergence Technologies Group Inc UK subsidiary Voice 2 Voice Limited continues to accelerate its growth with Support Contract Renewals. The latest contracts have been signed with the largest European food company. During 2008, Convergence Technology Group Inc has doubled its contracts within Government agencies and with contract renewals and extensions, has increased revenue 200% above target with the Group now surpassing $3m revenue contracted for the next 3 years.Recently Sennheiser UK have chosen Convergence Technologies Group Inc as exclusive Distributor to the Splicecom Channel.
Convergence Technologies Group Incorporated Continues Growth with Government Agencies worth $60,000 per annum
Convergence Technologies Group Inc UK subsidiary Voice 2 Voice Limited continues growth with Government Agencies. The latest contracts have been signed with two further Probation Areas for Maintenance of Telecommunication Hardware worth $60,000 per annum. This achievement means that Voice 2 Voice Limited has increased its projected maintenance revenue by 50% this year and is 15% above its corporate revenue target for 2008. Their in-depth Sales and Technical abilities as well as exceptional customer service has led to these further Government agency contract awards within the Probation Service.
Company Overview
Convergence Technology Group, Inc., (OTC.PK: CNVC) Convergence Technologies Group Inc, as an Advisory Management Consulting Firm, focuses on EDUCATING Management about their own functionality, and understanding the intricacies of the junior capital markets where they trade. Building Shareholder Equity is centered on this education. The process of creating shareholder value depends upon a unique understanding of how the markets work in the microcap arena, and the street's definition of the word VALUE. By focusing exclusively on emerging growth markets and the issuers that trade there, we have developed an unparalleled understanding of how public companies must build shareholder equity in order to facilitate shareholder value.
Merchant Bank Division- Bookkeeper International Equities
MISSION
Bookkeeper International Equities Inc is an innovative Merchant Banking Firm headquartered in the US and Canada . We focus primarily on providing structured financing and comprehensive investment banking solutions to underexposed & undervalued companies.Our Management is committed to a simple operating philosophy: provide exceptional Emerging Companies with the financial and professional resources necessary to achieve long-term goals, fulfill outstanding potential, and maximize shareholder equity.
We are adept at identifying emerging publicly traded and privately held microcap companies with solid growth potential. We facilitate access to often elusive capital markets and strategic opportunities in order to promote accelerated development. At BIE, we are interested in developing long-term relationships wi
Bookeeper Int'l Equities was founded in 2006 as a closed-ended Private Fund & Management Merchant Consortium Bank, investing in the securities of businesses that offer unique opportunities for growth. While other hedge funds & merchant banks have recently exited the world of Corporate Finance, we continue to see great opportunity in focusing on capital raising in the smaller public markets.
Our objective is to assist Small and Micro-cap Companies with a comprehensive slate of services, including; Investment Banking, Debt & Equity, Bridge Financing, Equity Debt Lines, Business Consulting and Investor Relations. From initial private and public capital transactions to follow-on offerings, strategic consulting engagements and mergers and acquisitions, we facilitate the execution of business plans which yield superior investment returns over the medium to long-term time horizon, with the goal of building Shareholder Equity.
BANKING
With the ultimate goal of providing maximum shareholder equity, BIE takes a hands-on approach to capital formation. We have extensive meetings with management to fully understand the capital needs of the company, both short- and long-term. We then develop a comprehensive plan to raise the required capital. By concentrating on shareholder equity, we seek to help Management build a solid foundation so that upon review they may either graduate to a more Senior Market or qualify to List on a Nationally Recognized Exchange.
One of the most positive and highly differentiating attributes of BIE is that its principals and core group of investors typically invest in the companies we represent. Whether acting as an Management Consultant or Investor, our goals and that of management are aligned to provide maximum shareholder equity
SOLUTIONS
Our team will help our client companies achieve VISIBILITY & AWARENESS by ensuring that BOTH Shareholders & Prospective Investors as well as members of the financial community NOTICE your specific Corporate Goals. We make certain that all of our potential investors in the financial community are aware that your company's investment potential and objectives are seen and reported.
One of the ways that we also help smaller public companies build visibility is also by expanding their reach globally, either through Mergers & Acquisitions, or facilitating listings overseas in European or Asian Markets. This helps to attract new shareholders and also build shareholder equity.....which is the central focus of the solutions we provide to Emerging Issuers. We also focus our energy on finding small and micro-cap stocks that are in position to build shareholder equity. The companies chosen to be profiled by us are premier, under-investigated names with absolute financial potential.
Company Officers
Domino Mocharski, CEO Michael McCarthy, Investor Commun.
VANCOUVER--(BUSINESS WIRE)-- Convergence Technologies Group, Inc. (Pink Sheets: CNVC ) provides their client companies with the tools and support to effectively address the challenges that pervade the micro-cap market with a concentration on Merchant Banking. The company recently acquired Bookkeeper International Equities Corp. , a private Merchant Banking Group that provides merger & acquisition advisory services, investor relations, and corporate finance consulting services to microcap issuers. Today, the company reveals an overview of information regarding the microcap industry and meeting the challenges microcap companies face.
Convergence Technology Group was founded on the principal that micro and small cap publicly traded companies are faced with the mandate of financing and operating two sub-businesses: the business of the operating company, and the business of the public company. Each of these aspects of the public company is equally important. The companyÂ’s mission is to provide the services, strategies and support to public companies in the business of being public. As such, the need for such service is virtually recession-proof. As each public company addresses their operational goals, their public company goals must be maintained and a particular set of challenges, or "pains" must be faced; this is particularly important for micro-cap companies.
First, micro-cap companies are typically undercapitalized. As a result, they are challenged from a manpower and resource perspective to cope with an increased level of administrative and public company communications strategies. Second, these companies are not often familiar with the challenges of the public markets or the strategies that are critical for implementation in order to address those challenges. Finally, in the micro-cap market there is a cottage industry of "consulting firms" and "boutique investment bankers" that take advantage of smaller companies seeking capital, convincing them to enter into vague debt financing consulting agreements that result in substantial dilution to the company's capital structure and frequently yielding little in the form of results.
Convergence Technology Group meets these challenges by providing client companies with the tools and support necessary to effectively overcome. In particular, the company provides administrative and consulting support to keep client costs in line during the preparation period while access to capital markets, either through private means or through a public offering, is secured.
In many cases, Convergence Technology Group develops corporate communications and public awareness strategies designed to maximize visibility amongst penny-stock investors and to expand their clientsÂ’ shareholder base. By utilizing agency-level collateral materials and a web presence, Convergence Technology Group takes advantage of the Internet to market their clientÂ’s business to vendors and shareholders alike. These services add tangible value to customers and better position them to accelerate their business plan to growth and profitability. In turn, proper positioning yields the most effective tactics to maximize their shareholder value as well as mitigate the risks posed by the aforementioned challenges along the way. Demand for such services has increased as more publicly traded companies are cutting costs and scrutinizing publication strategies.
Convergence Technology Group intends to reveal in-depth information on each of their business directives in the upcoming weeks. The detailed analysis will cover a wide range of integral company functions.
About Convergence Technologies Group, Inc.
Convergence Technologies Group, Inc. is founded on the principle that micro-cap publicly traded companies are faced with the mandate of financing and operating two sub-businesses: the business of the operating company, and the business of the public company. Both of these aspects of the public company are equally important to get right, and ConvergenceÂ’s mission is to provide the services, strategies and support to public companies in the business of being public. These services are in a constant state of demand despite prevailing market conditions. Convergence Technologies Group, Inc. has made a commitment to their shareholders and plans to unveil important news and information on the company and their strategies to increase shareholder value.
Convergence Technologies Acquires Public Relations Portal
VANCOUVER, Mar 12, 2009 (BUSINESS WIRE) -- Convergence Technologies, Inc. (Pink Sheets OTC: CNVC.PK) today announced the acquisition of Emerging Issuer. The site is an online financial destination where money managers, analysts and individual investors can go to watch and discover new and exciting investment opportunities. They are focused on finding and presenting emerging growth companies that do not have widespread analyst coverage on Wall Street. Emerging Issuer also helps build market awareness and visibility. They skillfully leverage their unique multimedia approach and offer everything one would need from an Investor/Public Relations Firm.
Domino Mocharski, CEO of Convergence Technologies Inc., said the acquisition is all part of the company's strategic plan to build a solid Corporate Advisory Merchant Banking Firm. Emerging Issuer's revenues last year were well over $1,000,000USD and their services fit in nicely with our overall Advisory Model that we will be marketing to microcap/smallcap public companies. We are in the business of providing consulting advice, market visibility and merchant banking education to small public companies that are looking to expand their reach. This is a business that has continued to be in high demand despite worsening market conditions.
The president of Emerging Issuer, Mr. Santana, believes being part of a Merchant Banking Group rounds out their suite of services. He said, "We have always focused our energy on finding small and microcap stocks that are in position to build shareholder equity. The companies chosen to be profiled by Emerging Issuer are premier, under-investigated names with solid potential. Emerging Issuer grows simply by helping companies get visibility. When discovered by our technical writers, these companies are investigated in the fullest, with analysis of past performance as well as an eye on the future. After a comprehensive discovery, any pertinent information is sent out to a select but expansive global audience. Our Vmails (Video Emails) are updated daily to give our members a reliable source of information regarding what's next on Wall Street."
Safe Harbor Statement
The information contained in this press release, other than historical information, consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements.
Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors beyond the Company's control, including general economic conditions, consumer spending levels, competition from toy companies, motion picture studios and other licensing companies, the uncertainty of public response to the Company's properties and other factors could cause actual results to differ materially from the Company's expectations.
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thanks for taking the time in making it and sharing it
now everytime someone asks a question related to B&W coloring I will refer them to this list
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If you have to ask if it's appropriate, it probably isn't. Don't wear classic wedding gowns (to top of arm) with anything but sleeveless or simple wedding dresses. Do take off gloves to eat or drink. Do use good judgment if the invitation doesn't specify the formality of the casual wedding dresses.
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