SAN DIEGO, Oct. 13, 2011 (GLOBE NEWSWIRE) -- Sharewell Capital Group (OTCQB:SHCG) is pleased to announce the appointment of a new interim CEO, Mr. Oso. Neal. Previous CEO Mr. Steve Robertson and Chairman of the Board Mr. Jason Huntley have resigned.
Mr. Neal will serve as interim CEO while the board recruits a replacement for former Chairman Jason Huntley. Mr. Neal will begin his duties with Sharewell Capital Group as of October 10th, 2011.
Selected for his depth of experience across a wide range of industries, Mr. Neal brings Sharewell Capital Group specific experience within executive level sales, asset management, finance, project management, and consulting.
"We have several deals in our pipeline, and we are still working to obtain favorable financing for the previously announced real estate assets located in Southern California, subject to recapitalization and approval from existing lenders at the time of closing. We want our investors to know that our team is working diligently to bring closure to this deal, and we anticipate several key announcements before the end of Q4," said Mr. Neal.
About Sharewell Capital Group, Inc.
Sharewell Capital Group, Inc. is a San Diego, California based holding company. Established in 2010, the company is currently undergoing a transformation in 2011 to embark upon an aggressive acquisition plan to purchase high-growth companies that have established themselves, or are expected to establish themselves, as leaders in various market niches. Sharewell Capital Group's intent is to build a portfolio of companies to build and maintain shareholder value.
Forward-Looking Statements
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