City Capital Corporation Acquires NittyGrittyMarketing.Com
Posted on: Thursday, 23 October 2008, 09:00 CDT
City Capital Corporation (PINKSHEETS: CTCC) has purchased NittyGrittyMarketing.com, a subscription based online forum, social network, and training network where members learn "All Things Internet Marketing."
This addition to the City Capital portfolio represents the company's strong devotion to educating and investing in tomorrow's entrepreneurs.
Founded by the successful Internet entrepreneur, Jermaine Griggs, NittyGrittyMarketing.com is a resource for teaching people all around the world how to build successful internet businesses through various marketing courses, an exclusive online coaching club, live seminars, and workshops.
Ephren W. Taylor II, CEO of City Capital explains, "Teaching entrepreneurship to future entrepreneurs is yet another form of socially conscious investing for City Capital -- investing in the future and helping individuals become self-sufficient."
"Acquisitions of this nature allow us to leverage our capital to mentor and foster an environment not only for aspiring entrepreneurs, but also to serve as an incubator for developing companies and future additions to our diversified portfolio," continued Mr. Taylor.
Mr. Griggs, a self-made Internet entrepreneur who grew up in the inner city of Long Beach, is confident that "with the useful content and departments already available and the panel of experts City Capital has brought together, NittyGrittyMarketing.com will become an international hub and one-stop shop for aspiring internet businesses."
"When a self-starter like myself, can only take an idea so far, we look to others with the resources, technical know-how, and experience to foster next-level growth. City Capital will do just that and I trust no other person more than Ephren Taylor to further cultivate the vision," added Mr. Griggs.
Mr. Griggs will continue to make appearances on NittyGrittyMarketing.com and as an expert panelist.
Included in the purchase of NittyGrittyMarketing.com are 50-hours of digital content, video, training materials, searchable digital content, 38 domain names, 10,000+ person mailing list, more than 3000 subscribers, and nearly 2000 affiliate marketers.
Visit www.nittygrittymarketing.com to learn more.
About City Capital
City Capital Corporation (CTCC), founded in 1984, is engaged in leveraging investments, holdings and other assets to create self-sufficiency for communities in the U.S. and around the world. Its mission of "Socially-Conscious Investing To Empower Urban Communities" is carried out through initiatives that range from creating affordable homes for working-class families to development and production of bio-fuels.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications that may arise could prevent the prompt implementation of any strategically significant plan(s) outlined above. The company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-K filing and other filings with the U S. Securities and Exchange Commission (available at http://www.sec.gov). The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
City Capital Corporation www.CityCapCorp.comIR@citycapcorp.com 877.367.1463 Media Contact: Newman Communications Tess Woods (617) 202-4129 office Tess.Woods@newmancom.comwww.newmancommunications.com
SOURCE: City Capital Corp.
Source: MARKET WIRE
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