Divine Capital Markets LLC is a boutique securities brokerage and investment banking firm. The firm is recognized for providing institutions, corporations and a short list of accredited investors with high quality trading strategies, research, consulting services and private wealth management.
Danielle Hughes, Chief Executive Officer of Divine Capital Markets LLC,stated, “We take pride in our ability to identify undervalued companieswith strong management, growth potential and competitive advantages. We think Elgrande is perfectly situated to capitalize on the vibrant and growing market for up-scale home décor products with their award winning product mix and national customer base. We look forward to working with Elgrande’s management to help deliver on their business plan.”
Mr. Michael Holloran, President and CEO, commented, “We are very pleased tohave secured this financing with Divine Capital, as it enables our companyto better focus on implementing business plans to accelerate growth andprofitability. This is a great step for both our company and ourshareholders.”
About Elgrande International
Elgrande International ( www.elgrande.com ) specializes in sourcing, importing, marketing and distributing unique artist designed quality products in the medium to high-end home décor tabletop market. Their products are exclusively produced for the North American home décor and giftware sectors. The Company has a North American sales and distribution infrastructure that services approximately 650 customers that include independent retailers and national key accounts. Elgrande was the winner of the 2003 CGTA “Best New Giftware” award ( www.cgta.org ).
Safe Harbor Provision: This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include “…will also allow us to expand the market for the Ginger Kelly Collection beyond North America, thereby greatly increasing shareholder value” and are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements. Risk factors include, lack of inventory financing, foreign currency fluctuations, availability of product, uncertainty concerning market acceptance of its products, competition and other risk factors as outlined in the Company’s SEC filings.
Forward Looking Statement: The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward- looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.
�
Disclosure: StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 453-4258. Web: StockGuru.com. Email: http://www.stockguru.com/blog/Publisher@Stockguru.com.
Disclosure: Pentony Enterprises LLC was compensated 500,000 free trading shares from a non-controlling third party for profile coverage. Pentony Enterprises LLC is not a registered investment advisers or broker/dealers. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. It is the policy of Pentony Enterprises LLC to sell all shares of this and any company featured. Anyone considering any company we feature in consideration for free trading shares should consider this.
Sources:
Crescent Fund, LLC
67 Wall Street 22nd FL
New York NY 10005
T: +1 212.509.3060
Electronic News Publishing. All Rights Reserved.
Release Date – 31012006
�
EGDI – Elgrande International, Inc.
Address:
1450 Kootenay Street
Suite 302
Vancouver, BC V5K 4R1
Website: http://www.elgrande.com
Phone: 604-689-0808
