Closing Date of May 16th 2011, Purchase of $0.20 for Outstanding Shares of Diversity Group International Inc.
MIAMI, May 3, 2011 /PRNewswire/ -- Diversity Group International (PINKSHEETS: DGIN) CEO Kevin Bobryk today is pleased to announce to shareholders that Maxwell Financial Capital has set May 16th 2011 as the closing date to fulfill the purchase of all outstanding shares of Diversity Group International. Maxwell's due diligence is near the point of conclusion, and it has indicated that it is completely satisfied and wishes to conclude the transaction on or before the 16th of May 2011.
"We believe that this represents a good offer and we recommend that the shareholders accept this offer," says Diversity CEO Kevin Bobryk. Maxwell CEO and President Carlos Vianellis also added, "We are looking forward to a very prosperous and beneficial future for all concerned as we work toward the agreement."
The terms of this 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 itself as "an International Financial Services Facilitator. It manages 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. It facilitates all levels of funding for business or projects and/or serves as collateral for a business transaction. It specializes 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."
FORWARD-LOOKING STATEMENT:
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.
Contact:
DIVERSITY GROUP INTERNATIONAL INC.
#1818, 600 NE 36th Street
Miami, FL, 33137
www.diversitygi.com
Kevin Bobryk, CEO
Email: [email protected]
Tel: 1-305-515-5610
SOURCE Diversity Group International
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