Convergence Technologies Group, Inc. (Pink Sheets: CNVC) with their fully owned subsidiary, Bookkeeper International Equities Inc., a private Merchant Banking Group that provides merger & acquisition advisory services, investor relations, and corporate finance consulting services to micro-cap issuers, today announces the first of their 2009 initiatives.
The backbone of any successful publicly traded company is their Management Team. It has been noted that there is a clear disconnect in the industry between the management and their responsibilities to their shareholders. Shareholder communications has been, until this point, a game of trial-and-error. Clearly, something must be done to improve relations without damaging reputation. Bookkeeper International Equities, Inc., functioning as an Advisory Management Consulting Firm under the umbrella of Convergence Technology Group, will direct a portion of company resources to focus on educating client 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 & smallcap arena, and the street's definition of the word VALUE. By focusing exclusively on emerging growth markets and the issuers that trade there, Bookkeeper International Equities has developed an unparalleled understanding of how public companies must build shareholder equity in order to facilitate shareholder value. The company has recognized that this integrated knowledge is extremely valuable. By implementation of the Management Education Initiative, the company hopes to empower their client’s management teams with real world knowledge and a guiding hand in all shareholder relations to build shareholder equity and create real value.
The company will also advise issuers in the Microcap marketplace on graduations to Nationally Recognized Exchanges. Part of the management educational programs will be to strategize the best course of action to meet minimum asset requirements for Senior Markets. As previously announced, Convergence Technology Group also intends to apply for the NYSE Alternext, formerly known as the American Stock Exchange, as soon as their minimum requirements have been met.
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 Convergence’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 Technology 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.
For more information on Convergence Technologies Group, Inc., visit: www.cnvc.QualityStocks.net.
No comments:
Post a Comment