Capstone Financial Group, Inc. Announces Second Quarter-to-Date Investment Results
IRVINE, Calif., May 20, 2014 /PRNewswire/ -- Capstone Financial Group, Inc. (OTCBB: CAPP) announced today that it expects strong results from its investment portfolio for the second quarter of 2014.
"We are encouraged by the positive performance we've seen from our strategic investments in growing industries in the first several months of 2014," said Darin R. Pastor, Chairman and Chief Executive Officer of Capstone Financial Group, Inc. "Currently, our unrealized net income from net mark-to-market investment gains stands at just over $48.6 million."
"We are keeping a defensive eye on our strategic investments, in terms of their long-term financial viability and economic outlook. Despite our most conservative revenue assumptions, to date these marketable securities remain mostly illiquid and highly volatile and have displayed share price fluctuations ranging from a few cents to five dollars, which could significantly affect the firm's profitability and liquidity," Pastor continued. "From an overall business standpoint, these investments complement our business pipeline, which remains robust. We continue to expect solid gains from our investment pipeline in the coming months."
About Capstone Financial Group, Inc.
Capstone Financial Group, Inc. (CAPP) is an exclusive holding group headquartered in Irvine, Calif. Founded in 2013 by Chairman and Chief Executive Officer Darin Pastor. The firm's executive management team consists of leaders who have more than 75 collective years of experience in wealth management and investment banking, with a thorough understanding of clean technology and industrial growth, capital-raising services concerning municipal government interests, and private placements and public offerings of corporate debt and corporate equity. For more information, visit www.capstonefinancialgroupinc.com.
Forward-Looking Statements
Statements in this press release relating to Capstone Financial Group, Inc.'s future plans, expectations, beliefs, intentions, and prospects, such as "forward-looking statements" are subject to material risks and uncertainties. When used in this press release, the words "will," "future," "expect," "look forward to," similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Capstone Financial Group, Inc. that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this press release due to a number of risks and uncertainties. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur. All information set forth in this press release is current as of May 20, 2014. Capstone Financial Group, Inc. undertakes no duty to update any statement in light of new information or future events.
SOURCE Capstone Financial Group, Inc.
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