On February 28, 2012, Sharewell Capital Group, Inc. (OTCQB: SHCG) announced that it had acquired an option to purchase up to a 30% stake in C&K Capital Corporation.
On February 28, 2012, Sharewell Capital Group, Inc. (OTCQB: SHCG) announced that it had acquired an option to purchase a strategic minority stake in C&K Capital Corporation. Sharewell has exercised a portion of the option, the terms of which allow Sharewell to invest up to $3,000,000 over a twelve-month period at a fixed price per share, subject to regulatory approval. If the entire option, including associated stock purchase warrants, is exercised, Sharewell would hold a 30% equity interest in C&K. C&K is a financial services holding company with two primary operating subsidiaries, one of which is registered investment advisor Paladin Capital Partners, Inc. Sharewell is a San Diego, California-based publicly-traded holding company focused on acquiring controlling interests and making strategic investments in undervalued assets.
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