Swordfish C-Level Executives Meet Regarding
the Pending Merger/Acquisition of iPoint TV Global Operation
Marketwire "Press
Releases"
SOUTHLAKE, TX -- (Marketwire) --
01/09/13 --
Mr.
Clark Ortiz, President & CEO of
Swordfish
Financial, Inc. (OTCQB: SWRF), a
Minnesota
corporation focused on the developing strategic investment
opportunities, held a C-Level meeting to discuss and engage a team to
organize and implement the iPoint
Television, LLC acquisition.
iPoint Television is a full service IPTV media entertainment company
designed to supply the growing demand of the basic Cable subscriber.
Cable subscriptions are on a decline year-by-year since 2006 according
to the
National Cable Television Association website:
http://www.ncta.com/Stats/BasicCableSubscribers.aspx.
iPoint is designed to fill the demand of the intelligent digital home
entertainment by providing high quality HD video streams, VOD, PPV and
the entire Android Play APP market on Smart Devices.
"Pending the financial audit of iPoint
Television, LLC.,
acquisition terms would be announce combined with its asset value and
terms of agreement," said
Mr. Toussaint, CFO.
A full valuation of iPoint TV's global organization held in the
USA,
UK and
Asia
are of interest.
Preceding the meeting, CEO
Clark Ortiz departed to
attend the Consumer Electronic Show 2013 conference held annually in
Las
Vegas. Hourly posts and videos are available on Swordfish
website.
About
Swordfish Financial,
Inc.
Swordfish Financial, Inc. (SFI) is a publicly held diversified
financial company designed to acquire under capitalized assets with high
level of profitability. SFI's main products are to acquire and provide
funding for organizations in the current digital, entertainment and
Smart technology. 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 increasing Investors' value.
Forward-Looking Statements:
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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Contact Information:
Clark Ortiz
Phone number: 817-845-6244
Email: Email Contact
Source:
Swordfish
Financial, Inc.
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