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Personal Finance News Releases
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(MoneyNewsWire.Net, June 11, 2014 ) Kirchberg, Luxembourg -- Ravensburg CEO announced today that “A force majure' prevented funds from a recently closed March 10, 2014, loan to Mentor Capital, Inc. from being transferred out of Europe. International fund transfer issues have not yet been able to be resolved with oversight agencies. Ravensburg has authorized a release of escrow assets and CDI guarantees back to Mentor Capital, Inc, until such fund transfer issues receive government and central banking approval.”
We are hopeful that conditions will improve in the very near future which will enable the completion of financial transactions effected by recent events in Eastern Europe and in particular Ukraine.
Ravensburg Capital remains committed to Mentor Capital M&A program and look forward to move forward when conditions permit.
Ravensburg Capital Corp
Mr. Hans Fletcher
+358923193986
info@ravensburgcapital.com
Source: EmailWire.Com
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