Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
CGrowth Capital, Inc. Initiates Share Reduction Plan

SILVERDALE, Wash., Jan. 15, 2013 /PRNewswire/ -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") today announced it has reached agreement with several existing shareholders related to the Company's efforts to begin a share reduction and lock down plan.

As part of the change in control filed with the Company's June 30, 2012 quarterly report, the Board of Directors showed forethought and instituted a leak out agreement with six (6) of the Company's shareholders. The leak out currently effects 7,500,000 free trading shares and 7,500,000 restricted shares and will remain in place for another 15 months.

Recently the Company initiated a lockup and leak out agreement with seven (7) shareholders affecting a total of 18,000,000 free trading shares and an additional 2,500,000 restricted shares. 

An agreement has also been reached with our major shareholder whereas they have agreed to freeze 25,000,000 shares. This agreement is just the first stage, and the Company hopes to be able to announce additional commitments to freeze more shares in the near future.

Additionally, the Company is in the process of reducing its outstanding shares by retiring an initial 3,000,000 shares of the Company's common stock.

"It pleases me to be able to make strides at showing long term commitment to the Company by several of our shareholders," stated Bill Wright, CEO of CGrowth Capital. "We are working on a long-term project, and our shareholder base recognized the potential value.  In total, we have been able to affect over 60 million shares through these efforts – approximately 30% of the total outstanding shares and 25,500,000 free trading shares.  In our continuing effort to enhance shareholder value, the Board of Directors is working to approve a share buyback program.  Further details will be provided in the near future."

Investors might also be interested in signing up to win a free ounce of silver being periodically given away by the Company.  Register your name and email on their website under the Investors Section, or follow this link: GetSilver

For more information about CGrowth Capital, visit their website: http://www.CGrowthCapital.com.  

About CGrowth Capital, Inc.:

CGrowth Capital, Inc. serves as a holding company for businesses and assets focused on all aspects of mining.  The processing of metal ore mining is a multi-billion dollar market opportunity which is capitalized through processing, sales, contracting and licensing of assets.  CGrowth Capital's services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold and silver to market. CGrowth Capital will focus on acquiring or "claiming" land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of mining operations.  

Investor Inquiries:
CGrowth Capital, Inc.
888-218-2472

Safe Harbor

Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.  The Company disclaims any obligation to update or revise any forward-looking statements.

SOURCE CGrowth Capital, Inc.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that so...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all o...
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been grea...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy ...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE