CMARK International Receives $1.8 Million Commitment from Luxembourg-Based Hedge Fund
COLUMBIA, S.C., Jan. 31 /PRNewswire-FirstCall/ -- CMARK International, Inc. (Other OTC: CMKI), a leading Service-Disabled Veteran-Owned Small Business (SDVOSB) provider of service and products to federal government institutions and facilities, is pleased to announce that after completing its due diligence, Trafalgar Capital Specialized Investment Fund, a Luxembourg registered SICAV fund, has committed to purchase $1,800,000 of convertible debentures from CMARK International, Inc., of which $1,000,000 will be disbursed upon the closing of agreement with the balance coming with completion of the necessary SEC registration filings for listing on the OTC Bulletin Board.
The CEO and President of CMARK International, Inc., Charles W. Jones, Jr., was enthused about this development. "We are pleased to gain Trafalgar Capital as a long-term investor through this placement. The funding allows CMARK to further our business developments in 2007 as well as facilitating the company becoming fully reporting and potentially moving to the OTCBB in the near future."
About CMARK International
CMARK International provides a wide array of services and products in the areas of construction, interior systems and hospitality operations to federal government institutions and facilities. As one of the best-established and largest Service-Disabled, Veteran-Owned Small Businesses (SDVOSB), CMARK has built a strong franchise to meet the federal procurement opportunity represented by the Veterans Benefits Act of 2003 (Public Law 108-183) which requires U.S. government agencies and prime contractors to earmark three percent of all federal procurement dollars to high quality SDVOSB firms. For more information, visit http://www.cmark.org/.
Forward Looking Statements
Statements contained in this press release which are not historical facts are known as forward-looking statements as that item is defined in the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Act of 1995. These forward- looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. 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.
Source: CMARK International, Inc.
CONTACT: Eric Bromenshenkel of CMARK International, Inc.,
+1-602-443-8640, or ir@cmark.org
Web site: http://www.cmark.org/
| Organizations | CMARK International |
|---|---|
| Source | |
| Submitter | John Warner |
| Tags | Miscellany |
Related Posts
- Turner Padget Recognized as Leading Litigation Firm by Benchmark Litigation
- GE Energy Receives Commitments for $750 Million to Supply EDF With Gas Turbines for European Projects
- Wild American Shrimp Board Agrees To Implement New Self-Funding Measures
- Vision Technology Co./ViTech Machine Tool Expands
- JPS Industries, Inc. Reports Third Quarter Results
