Swordfish C-Level Executives Meet Regarding the Pending Merger/Acquisition of iPoint TV Global Operation
SOUTHLAKE, TX, Jan 09, 2013 (MARKETWIRE via COMTEX) --
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,
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.
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.
Phone number: 817-845-6244
Email: Email Contact
SOURCE: Swordfish Financial, Inc.
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