Convergence Technologies, Inc. (CNVC.PK) Announces Acquisition of Merchant Banking Group
Today shortly before the opening bell, Convergence Technologies announced its acquisition of Bookkeeper International Equities Corp in an all stock transaction. Bookkeeper International Equities Corp, a private Merchant Banking Group, provides merger & acquisition advisory services, investor relations, and corporate finance consulting services to microcap issuers. As stated in the terms of the acquisition, Warren Stroud will be stepping down from his duties as Chief Executive to concentrate his efforts on the voice to voice division. The new CEO, Domino Mocharski, is dedicated to increasing shareholder equity and meeting the minimum listing requirements of a Nationally Recognized Exchange. Mr. Mocharski…