Press Release 10-19

October 24th, 2019 by


Re-launch of First Independent Financial Group (First Group) and its Subsidiaries/Affiliates Features a Blockbuster Development Project

2019 Updated Financial Information

October 2019, First Independent Financial Group (First Group) re-launched business activities through its subsidiary Protective Capital Structure Corporation (PCSO) and affiliates by successfully conducting a $100 million dollar capital raise in 2019.  In 2009, the founder of First Group, Ed Johnson, established an annuity under the Business Collateral Line of Credit (BCLOC), which is a facility, designed to generate capital for a business.  That same year, Protective sold its common stock in a private market sale. Going forward, the common stock will be sold daily at an open public market price (OPMP) after audit completion. When considering both the private price and OPMP, this creates two separate prices for the stock used in the BCLOC (see Glossary for details). Furthermore, the private market price will be re-packaged in the BCLOC product (see Glossary for details).

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