CMI Seeking $3.5 Million for Action Fast Print Franchise Program
MECHANICSBURG, PA—March 15, 2010—CMI Action Fast Print, Inc. today announced it has entered into an agreement with Sharp Capital Partners, Inc., a New York and Texas based financial services firm, to assist the company in securing $1 million in private financiy and up to $2,500,000 in public equity investments.
CMI intends to utilize the funds to launch and support its new CMI Action Fast Print Franchise program, which features a unique hub and spoke selling and support system for the franchisees. Upon the closing of the Private Placement, CMIAFP intends to enter into an operational support agreement with CMI PrintGraphix, Inc., which will provide a full range of digital, offset, bindery and direct mail capabilities to augment the Franchisee’s production and sales capabilities.
Sharp Capital Partners will advise CMIAFP on its plan of offering and assist CMIAFP in the preparation of its business plan and offering materials and deliverables required to successfully complete the offerings on a timely basis. Parker W. Knight, Jr. of Sharp Capital Partners has been managing corporate finance with sharp capital for five years, prior to Sharp, Mr. Knight has held top tier management positions with Bank of America Securities as head of International Syndicated and Global Finance projects, and Union Bank of Switzerland as a Managing Director for Global loan Syndicates.
For additional information about the private placement and public offering, contact Andrew Braverman at Sharp Capital Partners at 888-666-1739 - Ext 101 or by E-mail at firstname.lastname@example.org; or visit their corporate websites, www.sharpcapitalpartners.com and www.princetoncorporatesolutions.com
CMI PrintGraphix, Inc. is a provider of digital publication services and provides all of the technology, hosts the customer’s website and provides all the services to go from the document/magazine/catalog creation, the printed document, and then posting the PDF creation on the website. The CMI website allows the users to turn pages in magazine format, download the document either for free or if the publisher chooses they can charge for the product, creating an additional revenue source as well as expanding the product distribution.