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News

Acer Capital Group Benchmark ‘Green1’ Investment

July 10 - Acer Capital Group, a Global Holding Company of Private Equity Funds, announced today, a lead investment round in an Industry leading Bio Green Cleaning Technology, Green1.com™.
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Acer Capital Group Announces Merger

June 06 - Acer Capital Group recently announced it has brokered a merger between its portfolio companies "First Washington Burbank, Inc." (FWB) of Newport Beach, CA, and nationally renowned Credit Justice Services (CJS). Acer Capital made an initial investment to FWB in April 2010 which was subsequently increased in September 2011. FWB has been successful in creating strategic alliances with lucrative companies such as Chicago Title. FWB has been instrumental in increasing credit scores for thousands of Americans. The merger allows for FWB to grow by using the national platform and infrastructure CJS possesses. The credibility, success and platform that CJS has will take FWB to the next level.
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Green EnviroTech, Acer Capital Consulting Sign Letter of Intent

May 17 - Green EnviroTech Holdings, Riverbank, Calif., and Acer Capital Consulting, St. Louis, have signed a letter of intent (LoI) to form a joint venture limited liability company for the purpose of owning and developing shredder residue recycling plants.
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Acer Capital Group Announces Strategic Relationship With Beech Street Capital (BSC)

April 22 - “Beech Street Capital is extremely excited to be strategically aligned with Acer Capital Group. Leveraging Beech’s multifamily expertise in the agency debt finance market will compliment Acer’s product offering,” quoted Mr. Gregory I. Reed, Sr. Vice President of Beech Street Capital. 
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Mobile Star Corp. (MBSTD.QB) Announces Strategic Partnership With Acer Capital Company and Tuesday, March 20, 2012, Week Four Shareholder Call

March 20 - BEVERLY HILLS, CA--(Marketwire - Mar 16, 2012) - MOBILE STAR CORP. (OTCQB: MBSTD) (PINKSHEETS: MBSTD) is pleased to announce a strategic partnership with Acer Capital Company to co-underwrite and fund commercial real estate loans approved by Small Business Administration (SBA) CDC/504 Loan Program.
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Public Relations and Shareholder Year-End Update

January 09 - As we close the year end December 31, 2011 (we) would like to update our Shareholders on the recent progress at Green EnviroTech Holdings Corp.
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ACG Companies Funds $595,000.00 Senior Bridge Loan for a Days Inn Hotel in Merced, California

January 08 - Acer Capital Companies and its family of funds (ACG) has successfully closed on a bridge loan that allowed the owner (Raj Kumar) of this hotel situated on the gateway to Yosemite national park the opportunity to buy down his debt to the bank from $1,450,000.00 to only $595K. The bank had the need to get this loan off their books and offered a significant discount if done by end of the year. The borrower realized more than a 50% discount of his debt which makes for a great year.
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ACG Chicago is Pleased to Announce its Successful Completion

September 08 - Acer Capital Chicago is Pleased to Announce its Successful Completion of Two Bank Note Purchases from Banco Popular, Chicago for $2,175,000
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ACG Increases Investment in First Washington Burbank, Inc.

September 05 - Acer Capital companies recently increased its investment in First Washington Burbank, as Acer Capital continues to target the credit repair market to tackle the challenge facing 80% of Americans.
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North Bay Resources Inc., USCIS Approves Ruby Gold Project $7.5M EB-5 Funding Facility

July 21 - North Bay Resources Inc. NBRI -10.71% ("North Bay" or the "Company") is pleased to announce that Northern California Regional Center, LLC ("NCRC"), has received an approval letter from the United States Citizenship and Immigration Services ("USCIS") for the expansion of its geographical area and the pre-approval of North Bay's Ruby Gold Project in Sierra County, California as a qualified EB-5 project, thereby giving the green light for $7.5 million in funding for the Ruby Gold Project via the federal EB-5 Program (the "EB-5 Program").
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