MIAMI, April 29, 2011 /PRNewswire/ -- Diversity Group International (Pink Sheets: DGIN) is pleased to announce that it has accepted the initial letter of intent presented by Maxwell Financial Capital of $0.20 for the outstanding shares DGI. This will allow both firms to begin the due diligence process necessary prior to constructing a potential agreement.
The terms of the agreement are subject to full due diligence by both buyer and the firm, and upon mutual satisfaction of all criteria and full disclosure. The terms of the agreement may be subject to change based upon full disclosure by both parties.
About Diversity Group International Inc.: Diversity Group International (DGI) is a U.S.-based company listed under the symbol DGIN. DGI specializes in the development and delivery of interest rate, currency and insurance-related products and services in both the domestic (U.S.) and International markets.
About Maxwell Financial Capital: Maxwell Financial Capital describes themselves as "an International Financial Services Facilitator. They manage a private equity fund with assets in excess of $600 Million Euros. Maxwell Financial Capital Specializes in the assignment, lending and leasing of bank instruments. They facilitate all levels of funding for business or projects and/or to serve as collateral for a business transaction. They specialize in innovative financial solutions, facilitating global investment thereby allowing companies to profit from their sources and services by receiving the cash backed collateral needed to obtain the credit/funding to develop commercial and investment projects worldwide."
Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual result and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change, other than as required pursuant to applicable securities laws.
DIVERSITY GROUP INTERNATIONAL INC.
#1818, 600 NE 36th Street
Miami, FL, 33137
Kevin Bobryk, CEO
Email: [email protected]
SOURCE Diversity Group International