Diversity Group International Decides Not to Accept Maxwell Financial Capital Offer
MIAMI, May 24, 2011 /PRNewswire/ -- Diversity Group International (PINKSHEETS: DGIN) today announced that it has decided to decline the offer by Maxwell Financial Capital to purchase all outstanding shares of Diversity Group International. The agreement was not approved by DGIN's majority shareholder as it is believed that the arrangement could potentially limit DGIN's future options, weaken intellectual property within the IRMA and IROS products, and potentially damage the ability of the company to service relationships with existing partners.
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.
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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