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Company Profile: Circle Group Holdings (OTCBB:
CRGQ)
Circle Group Holdings is an eMentor Capital firm. eMentor Capital is
a patent-pending business model that combines funding, intelligence and
support to speed business growth while giving owners greater control of
their original vision. By merging innovative e-solutions and consulting
with investment banking financial services, Circle Group has created what
it believes to be the next evolution in growing and developing business
in the new economy.
In 1998, Circle Group (then Circle Group Internet, Inc.) became the first
company to engineer a complete end-to-end stock offering over the Internet.
The company sought to assemble and communicate with a large pool of qualified
investors to create a more direct method of capital engagement. This effort
very quickly enabled Circle Group to raise $2.5 million in less than a
month via a Regulation A offering directly and entirely over the Web.
Circle Group was the first company to accomplish such a goal. Its self-directed
effort involved none of the more traditional venture capitalists, investment
bankers or brokerage houses. Circle Group has since purchased a broker/dealer
and assembled a team of talented analysts to join its technical staff.
In 2000, the company established the patent-pending eMentor Capital business
model, by adding its consulting division, Consulting CGI to its two other
subsidiaries, CGI Total Media and CGI Capital. These three areas work
together to give entrepreneurs a greater likelihood for success, and investors
stronger opportunities with emerging technology companies.
By 2003, according to research from IDC, an estimated 67 percent of Internet
users will log on outside the United States; and the foreign share of
e-commerce will reach 56 percent -- up from 26 percent in 1998. In business-to-business
e-commerce, although the United States currently controls over 60 percent
of the global market, Gartner Group projects that the American share will
plunge to less than 40 percent by 2004, when worldwide B-to-B reaches
$7.3 trillion. These statistics show the Internet is growing quickly into
the global markets, and Circle Group plans to be a leader in the globalization
of the worldwide web.
In April 2000, Circle Group began formalizing its global initiative through
CGI Worldwide, Inc. The goal is to license the patent-pending business
model to securities companies throughout the globe. CGI's initiative is
to mentor these companies into using its business model to build and successfully
grow companies within their country. Circle Group would, in turn, receive
a licensing fee for the business model, and a small equity stake in their
portfolio companies.
Initial trading of the common shares began in April 2002 on the OTC Bulletin
Board.
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