BOSTON, April 22, 2009 (GLOBE NEWSWIRE) -- Envit Capital Group, Inc., (Pink Sheets:ECGP) announced today that it intends to commence trading on the Over the Counter Market (OTC Bulletin Board) as early as July 1, 2009, pending approval. Following this move Envit Capital Group, Inc., will cease to trade on the Pink Sheets market. The Envit Capital Group, Inc. currently has a total of 12,700,046 shares publicly traded as a result of a stock repurchase program announced on April 20, 2009.
ABOUT
The Envit Capital Group, Inc. (Envit Capital) is a development stage boutique investment banking, securities and investment management firm that will provide a range of services to a client base that will include business, institutions, and high-net-worth individuals. Its objective is to be active in all three of the following segments: Investment Banking, Trading and Principal Investments, and Asset Management and Securities Services.
The Envit Capital Group, Inc. is headquartered in Boston, Massachusetts at 60 State Street; 7th Floor Boston, MA 02110 617-542-3333.
Forward-looking Statements
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.