CAPITAL FINANCIAL HOLDINGS, INC. (OTCMKTS:CPFH) Files An 8-K Other EventsItem 8.01 – Other Events.
On December 5, 2018, the Company initiated a new wholly owned subsidiary, Capital Corporate Network, Inc., a Colorado Corporation, to provide an array of strategic and networking services to corporate and business entities relative to economic amalgamation, capital procurement and revenue acquisition. The new subsidiary is separate from and unrelated to any existing or previous subsidiary of the Company.
About CAPITAL FINANCIAL HOLDINGS, INC. (OTCMKTS:CPFH)
Capital Financial Holdings, Inc. is a financial services holding company. The Company, through its broker dealer subsidiary, Capital Financial Services, Inc. (CFS), provides brokerage investment advisory insurance and related services. The Company’s segments include Broker-Dealer Services, Natural Resources and Holding Company. The broker-dealer services segment distributes securities and insurance products to retail investors through a network of registered representatives through its subsidiary, CFS. The natural resources segment seeks opportunities related to natural resources in the United States, including petroleum, natural gas and/or other minerals, water resources and land through its subsidiary, Capital Natural Resources, Inc. (CNR). The holding company segment encompasses cost associated with business development and acquisitions, dispositions of subsidiary entities and results of discontinued operations, dividend income and recognized gains or losses.