Convergence Technologies, Inc. (CNVC.PK) Announces Acquisition of Public Relations Portal
Convergence Technologies, Inc. announced yesterday after the closing bell that it has acquired Emerging Issuer. The site www.EmergingIssuer.com provides a destination where money managers, analysits and individual investors can go to watch and discover new investment opportunities. The companies featured by the website typically don't receive widespread analyst coverage on Wall Street. The acquisition is part of the company’s strategic plan to build a solid Corporate Advisory Merchant Banking Firm. With Emerging Issuer’s revenues totaling more than $1 million, management believes their services fit in nicely with Convergence’s overall Advisory Model that will be marketed to microcap/smallcap public companies. The…