City Capital Corporation leverages its investments, holdings and other assets to build value for investors and shareholders, while creating positive change in communities nationwide. This means City Capital buys and renovates distressed properties in multiple industry segments and resell them at a profit.
City Capital manages its fund by having no paid employees. All staff requirements are performed through contracts with other entities.
Projects are acquired at a deep discount, often directly from city, state or municipal government partners, and the company completes the renovation or development before reselling at a higher market value.
City Capital provides participants to invest in real estate. Using only credit (680 or higher FICO score and $60,000 household income) and no cash, participants can invest in affordable real estate as sole owners. City Capital handles all of the details including research, acquisition, repairs, and property management. The company guarantees the mortgage payments for the first full year for any month the property is vacant. The client keeps 100% of all rental and resale profits.
Source: CCCN
Officers: Ephren Taylor, CEO
Gary Borglund, President/CFO/Secretary
CCCN — City Capital Corp.
2535 Pilot Knob Road
Suite 118
Mendota Heights, MN 55120
Website: http://www.citycapitalcorp.net/
Phone: (651) 452-1606
Fax: 651-452-5828
Forward Looking Statement: This release contains “forward-looking statements” based on current expectations but involving known and unknown risks and uncertainties, including those described in the Company’s annual report on Form 10-KSB for the year ended December 31, 2005, that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. The Company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. The Company makes no undertaking to update such forward-looking statements.
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City Capital Corp.
Symbol: CCCN-U (C000046676)
City Capital -NASB – CCCN-U
Exchange: NASB
CUSIP: 17776P100
S&P GICS:
Sector: SEDOL: B0536D8
