FOR IMMEDIATE RELEASE
Re-launch of First Independent Financial Group (First Group) and its Subsidiaries/Affiliates Features a Blockbuster Development Project
2019 Updated Financial Information
Washington, D.C. (March 27, 2019), First Independent Financial Group (First Group) will soon re-launch business activities through its subsidiary Protective Capital Structure Corporation (PCSO) and affiliates by conducting a 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). When considering both the private price and OPMP, this creates two separate prices for the stock used in the BCLOC). Furthermore, the private market price will be re-packaged in the BCLOC product.Click to continue reading!