Infinity Capital Group, Inc. Acquires Controlling Interest in Satellite Organizing Solutions, Inc.
NEW YORK, NY -- 11/19/2004 -- Infinity Capital Group, Inc. announced today that it has purchased controlling interest in Satellite Organizing Solutions, Inc. (OTC: SOZG) from founders of the company by acquiring 2,500,000 common shares representing approximately 71.3% of the issued and outstanding shares of SOZG. Infinity intends to recapitalize Satellite and to bring a strategic acquisition into the company. Infinity has previously successfully arranged a strategic recapitalization and alliance for Azonic Corporation (OTC BB: AZOI) after taking Azonic up to the OTCBB. Infinity and Satellite look forward to the opportunities afforded to each by the Satellite control acquisition.
About Infinity Capital Group, Inc.
Infinity Capital Group, Inc. is a private investment firm that intends to be regulated as a Business Development Corporation under the Investment Company Act of 1940, as amended. Infinity seeks out emerging growth companies that are in the expansion phase and provides capital, management and mergers and acquisitions advice. Infinity is an active investor in the Companies to which it provides its services and focuses on companies that are seeking to become publicly traded through a reverse merger.
About Satellite Organizing Solutions
Satellite Organizing Solutions, Inc. is a Virtual Assistance service company. SOS’s primary focus is the mundane but necessary chores associated with running a business, e.g. presentation design, marketing, client communications, payroll, book keeping, sundry administrative tasks, systems and organization, etc. SOS works with startup businesses, helping them establish the requisite systems and processes in a timely and cost-effective manner, leaving the owners the ability to concentrate on their vision for growth, revenues and profits. For established businesses, SOS helps identify and alleviate the bottlenecks that reduce efficiency, increase costs and divert key resources from mission critical tasks, thus making the business more efficient and profitable.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained in this news release include certain predictions and projections that may be considered forward-looking statements under securities law. These statements involve a number of important risks and uncertainties that could cause actual results to differ materially including, but not limited to, the performance of joint venture partners, as well as other economic, competitive and technological factors involving the Company’s operations, markets, services, products and prices. With respect to Satellite Organizing Solutions (SOZG), except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, SOZG’s extremely limited operating history, uncertainties related to the Company’s access to additional capital, competition and dependence on key management.
- Contact Information
- Greg Laborde
- Infinity Capital Group, Inc.
- Contact via E-mail
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