Swordfish Financial, Inc. Prepares to Make Proposal to U.S. Treasury
Substantial Accounts to Be Offered to U.S. Government for Assistance in Its Debt Reduction
(firmenpresse) - ROCKWALL, TX -- (Marketwire) -- 08/05/11 -- Swordfish Financial, Inc(OTCQB: SWRF) (PINKSHEETS: SWRF) to make proposal to U.S. Treasury to use private cash and assets to solve the current debt obligation problem.
CEO Michael Alexander states, "The answer to the U.S. debt ceiling problem is sitting in U.S. banks. This solution is available now and it doesn't cost the U.S. tax payers a dime."
Alexander says, "Based on the current debt crises and the bleak financial outlook, the timing is perfect to enlist the assistance of the US government in affecting the release of our clients' cash and other accounts held in various U.S. banks. In exchange for such assistance, the owners of these accounts are willing to allow a major portion to be used to the benefit of the U.S. government."
Swordfish Financial, Inc. is in the process of finalizing the proposal and will be seeking the best route for delivery to the appropriate government entities.
Swordfish Financial, Inc. (SFI) is a publicly held diversified financial asset recovery company formed to acquire orphaned assets of high net worth individuals, companies and to originate, fund, source funding for humanitarian and corporate transactions. SFI's main products will be to acquire and provide funding for organizations in the currently underserved humanitarian and eco-friendly markets. SFI provides economical and efficient use of capital while providing a valuable opportunity of loans to and or investment in small and medium sized organizations by providing asset based funding against marketable "income producing and/or marginable" assets. Our funding will enable our organizations to compete more effectively, improve operations and increase shareholder value.
Peace Through Water is an international partnership of Christians whose mission is dedicated to working with children, families and communities to overcome poverty and oppression in remote areas of the world.
This document contains forward-looking statements and information as that term is defined in the Private Securities Litigation Reform Act of 1995, and, therefore, is subject to certain risks and uncertainties. There can be no assurance that the actual results, business conditions, business developments, losses and contingencies and local and foreign factors will not differ materially from those suggested in the forward-looking statements as a result of various factors, including market conditions, competition, advances in technology and other factors.
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Datum: 05.08.2011 - 14:30 Uhr
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News-ID 1028117
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