ALLEN, Texas, Nov. 20, 2018 (GLOBE NEWSWIRE) -- Financial Gravity Companies, Inc. (FGCO) (“Financial Gravity” or the “Company”), a Fractional Family Office ®, announced the approval of the S-1/A with GHS Investments, LLC from the Securities Exchange Commission this week.
Company Chief Executive Officer, John Pollock, stated, “We are pleased to announce that we have partnered with GHS Investments, LLC for an equity line of up to 6,000,000 shares or $11 million dollars. This will help us continue to develop the disruptive business model we are executing on and will allow us to extend our technology to a level that does not exist currently in the marketplace. Automating and enhancing the offerings we have to our three distribution channels of Independent Agents, CPAs and EAs and Financial Advisors will to drive value into the businesses of their clients."
Company Chief Financial Officer, Paul O. Williams stated, “We are quite enthusiastic that Financial Gravity is tackling an over looked area of the business, accounting. We look forward to working toward the objective of building a nationwide network of Fractional Family Offices as well as developing and deploying cutting edge business processes for the accounting and financial services industry.”
About Financial Gravity Companies
Financial Gravity Companies, Inc., is an innovative Fractional Family Office ® providing integrated tax, business, and financial solutions to small business owners and high net-worth individuals. Services are focused on helping clients realize personal and professional goals while building wealth, most often through potential tax savings, lowered costs, and efficiency improvements. Through its partner network consisting of trained and certified financial advisors, tax professionals and independent sales agents, the Company currently provides its products and services nationwide. For more information, visit www.financialgravity.com.
This press release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed. Forward-looking statements in the press release should be evaluated together with the many uncertainties that affect Financial Gravity’s business and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.