Convergence Technology Group Inc. CNVC Archives

FridayMar 13, 2009 6:04 am

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…

MondayMar 09, 2009 9:30 am

Convergence Technologies Group, Inc. (CNVC.PK) Brings Mechant Banking Services to its Clients

Convergence Technology Group, Inc. (CNVC.PK) recently announced details regarding its vision on how Bookkeeper International Equities Inc. will benefit small cap companies. Earlier this year, Convergence acquired Bookkeeper International, a private merchant banking group that specializes in corporate finance consulting services, merger and acquisition advisory services, and investor relations. Convergence believes that through the use of merchant banking and private equity, Bookkeeper International will provide a unique approach to support small cap companies trading in the U.S. capital markets. Traditionally merchant banks have been defined as a “European Financial Institution” based upon the geographic origins of the activity. The United…

MondayFeb 23, 2009 4:53 am

Convergence Technologies, Inc.’s (CNVC.PK) Recent Acquisition of Merchant Banking Group

Earlier this month, Convergence Technology announced that it has completed the acquisition of Bookkeeper International Equities Corp. Bookkeeper is an innovative Merchant Banking Firm primarily focused on providing structured financing and comprehensive banking solutions to underexposed and undervalued companies. Founded in 2006 as a closed-ended Private Fund & Management Merchant Consortium Bank, Bookkeeper Int'l Equities’ 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. While other hedge funds & merchant banks have recently exited the world of Corporate Finance,…

TuesdayFeb 10, 2009 6:40 am

Convergence Technologies, Inc. (CNVC.PK) Announces Acquisition of Merchant Banking Group

Today shortly before the opening bell, Convergence Technologies announced its acquisition of Bookkeeper International Equities Corp in an all stock transaction. Bookkeeper International Equities Corp, a private Merchant Banking Group, provides merger & acquisition advisory services, investor relations, and corporate finance consulting services to microcap issuers. As stated in the terms of the acquisition, Warren Stroud will be stepping down from his duties as Chief Executive to concentrate his efforts on the voice to voice division. The new CEO, Domino Mocharski, is dedicated to increasing shareholder equity and meeting the minimum listing requirements of a Nationally Recognized Exchange. Mr. Mocharski…

MondayFeb 09, 2009 7:17 am

Convergence Technology Group, Inc. (CNVC.PK) Announces QualityStocks Coverage

Convergence Technology Group, Inc. announced they will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 750,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report. Domino Mocharski, President and CEO of Convergence Technology Group, has the company focused on providing publicly traded companies with the tools and support needed to effectively address the challenges that they face. Since inception, the…

FridayFeb 06, 2009 1:46 pm

Convergence Technologies Inc. (CNVC.PK) CEO Announces Change of Focus

Today after the closing bell, Warren Stroud, President and CEO of Convergence Technologies Inc., issued the following letter to shareholders: Dear Shareholders: After taking a close look at our strengths and weaknesses, we came to the conclusion that we were not fully utilizing our major assets - our management team and our public company. Realizing this, we have modified our business plan. Convergence Technologies Inc. will be changing its focus from being a vertically-integrated voice to voice company to becoming a conglomerate with a voice to voice division. We are now actively involved in a number of non-telephony related ventures,…

TuesdayFeb 03, 2009 11:27 am

Keep Convergence Technologies Group, Inc. (CNVC.PK) on Radar

Convergence Technologies Group, Inc. provides publicly traded companies with the tools and support needed to effectively address the challenges that they face. Since inception, the company has focused exclusively on microcap companies. By maintaining this focus, they have developed an acute sense of awareness to their needs and the obstacles they face. As an Advisory Management Consulting Firm, the company focuses on educating management about their own functionality, and understanding the intricacies of the capital markets where they trade. The process of building shareholder value depends greatly on understanding how the markets work in the microcap arena, and the street's…

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