Public Stock: SCNG Strattner Financial Group Corp


Posted June 23, 2020 by clmalliance

Delivers a Wide Range of Investment Services with Expansion into Marketing of Covid19 Test Kits and Stress Relief Commodities  

 
Delivers a Wide Range of Investment Services with Expansion into Marketing of Covid19 Test Kits and Stress Relief Commodities  

Diverse Investment Services Company with Broad Range of Capabilities.
Portfolio Positions in High Value International Assets.
Acquisition of Always ON New York Telecommunications Company.
International Agreement to Market Covid-19 Text Kits.
Marketing of Fijian Kava as a Stress and Anxiety Relief Commodity.

Strattner Financial Group Corp. (OTC: SCNG) is a diversified investment services firm that manages a broad spectrum of alternative asset classes including equity, convertibles, credit, and commercial interests. Transactions include Buyout and Control Investments, Direct Equity/Debt, Investment, Special Situations, Activist Situations, Liquidation Opportunities, Corporate Divestitures/Carve-outs/, Recapitalizations and Distressed/Turnarounds.

$SCNG operates Strattner Technologies focused on commercializing satellite based communications. TBS Capital Management, a subsidiary of Strattner Financial Group, is an investment management company that manages multiple alternative asset classes including private equity, convertibles, credit and hedge funds. TBS Capital LP and Strattner Capital LP form a UK private limited partnership with a structured approach to value creation and execute investments through PIPEs, equity lines, common stock transactions, warrants, options, convertible debt and loans.

Shareholder Update on Strattner Financial Group

On May 28th SCNG issued a shareholder update announcement which covered the company’s latest developments including the following:

On March 31st SCNG announced that TBS Equities Fund had signed an agreement with AdvanceTC Limited, a for-profit company limited by shares, incorporated and domiciled in Australia. TBS Equities Fund committed to purchasing up to 28,000,000 shares of AdvanceTC common free trading shares at a discount to market. AdvanceTC shares are currently trading on the National Stock Exchange of Australia (symbol: A88) and have recently been listed on the OTC Markets as a foreign symbol ATCLF.

On April 29th SCNG announced an agreement to acquire Always ON Inc., a New York based corporation. Always On has been working on closing the digital broadband, point-to-point telecommunications and specialized computer networking projects.

On March 23rd SCNG announced that a signed a partnership agreement with QMIS World Trade International, a wholesale and procurement management company based in Malaysia. Both parties entered into this partnership agreement to procure COVID-19 Test Kits that are available for sale through QMIS World Trades manufacturing and distribution partners.

On March 17th SCNG announced a Joint Venture agreement with the Fijian-based Kava Industries to finance the purchase of up to 50 tons of Fijian Kava at a competitive cost. Kava Industries agreed to reinvest the majority of the proceeds to acquire up to 100 tons of Fijian Kava per year for five years. The primary use of kava is reducing stress and anxiety.

Subsequently, SCNG management decided to build a brand around the KAVA Industries joint venture and to export high quality Fijian Kava to the USA. SCNG is working to secure contracts to acquire their Kava root at a competitive price and will be managing this business as a portfolio company with the vision to complete the Kava project as well as possible future expansion into other agriculture projects.

For more information on SCNG visit: https://strattners.com
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Contact Email [email protected]
Issued By SCNG
Business Address https://strattners.com
Country United Kingdom
Categories Business , Marketing , News
Last Updated June 23, 2020