Welcome!

News Feed Item

Wall Street Equities Research Initiates Coverage, Places Speculative Buy Rating on Converge Global, Inc (OTC: CVRG)

Wall Street Equities Research, a Leading Wall Street Equities Research Firm, Is Pleased to Announce It Has Initiated Coverage on Converge Global, Inc (OTC: CVRG), Placing a Speculative Buy Rating on the Stock

NEW YORK, NY -- (Marketwire) -- 01/16/13 -- Converge Global, Inc (PINKSHEETS: CVRG) is a United States based company with plans to develop and operate a unique online portal and media platform to service the hospitality and food service industries, locally, domestically and internationally.

Wall Street Equities Research analyst Murray Messina believes Converge Global's plans to develop Majestic Menu, an electronic marketplace to service the multi-billion dollar hospitality and food services industries, provides a significant growth opportunity for the Company.

"Based on our analysis, Majestic Menu will derive high margin, multi-faceted one-off and recurring revenues. Given its uniqueness and lack of competition in the space, we would expect to see a high uptake amongst industry participants. Converge Global has an opportunity to become profitable within a short period of time, enabling the Company to grow rapidly through internal initiatives, strategic alliances and acquisitions," Messina noted.

"Converge Global's respected and experienced management team, led by industry leader Cornelia Volino, brings significant brand recognition to its Majestic Menu division and through strong network associations; the Company is well placed to successfully implement its business plan."

To access the full analyst report, please visit www.wallstreetequitiesresearch.com

About Wall Street Equities Research
Wall Street Equities Research is a professional equities research firm focused on US listed companies with a team of professionals that have decades of combined equities analysis and research experience. Our equity research reports assist investors with their investment decisions-based in-depth analysis of US listed companies. For more information, visit our website at www.wallstreetequitiesresearch.com

About Converge Global, Inc
Converge Global, Inc is a diverse company currently developing Majestic Menu, an online portal and media platform for the hospitality and food service industries to assist in identification and procurement of products and services from the local, national and international marketplace. For more information, visit www.convergeglobalinc.com

Disclosures
Wall Street Equities Research has prepared this report without any input, contact, advice, or review from the company. This is done to ensure the integrity and independence of all reports undertaken by Wall Street Equities Research. All information has been gathered from public sources of information including, but not limited to press releases, company Websites, and SEC filings. Wall Street Equities Research has not been compensated for the preparation of this report. However an affiliate of Wall Street Equities Research has been contracted and paid by a non-controlling, third party to provide investor relations related services for the Company mentioned in the report. This relationship has not influenced the view or opinion expressed by the analyst. Further, it is Wall Street Equities Research's policy that neither the firm, nor its principals, nor the firm's employees or contracted analysts, own or trade shares of any subject companies. A full disclaimer can be found within the report or at the Wall Street Equities Research website.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Designing IoT applications is complex, but deploying them in a scalable fashion is even more complex. A scalable, API first IaaS cloud is a good start, but in order to understand the various components specific to deploying IoT applications, one needs to understand the architecture of these applications and figure out how to scale these components independently. In his session at @ThingsExpo, Nara Rajagopalan is CEO of Accelerite, will discuss the fundamental architecture of IoT applications, ...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, wh...
SYS-CON Events announced today that MangoApps will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device. For more information, please visit https://www.mangoapps.com/.
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 18th International CloudExpo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Enterprise networks are complex. Moreover, they were designed and deployed to meet a specific set of business requirements at a specific point in time. But, the adoption of cloud services, new business applications and intensifying security policies, among other factors, require IT organizations to continuously deploy configuration changes. Therefore, enterprises are looking for better ways to automate the management of their networks while still leveraging existing capabilities, optimizing perf...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
In his session at 18th Cloud Expo, Bruce Swann, Senior Product Marketing Manager at Adobe, will discuss how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects). Bruce Swann has more than 15 years of experience working with digital marketing disciplines like web analytics, social med...
SYS-CON Events announced today Object Management Group® has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In the rush to compete in the digital age, a successful digital transformation is essential, but many organizations are setting themselves up for failure. There’s a common misconception that the process is just about technology, but it’s not. It’s about your business. It shouldn’t be treated as an isolated IT project; it should be driven by business needs with the committed involvement of a range of stakeholders.
SYS-CON Events announced today that EastBanc Technologies will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. EastBanc Technologies has been working at the frontier of technology since 1999. Today, the firm provides full-lifecycle software development delivering flexible technology solutions that seamlessly integrate with existing systems – whether on premise or cloud. EastBanc Technologies partners with p...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, will explore the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences betwee...
SYS-CON Events announced today that ContentMX, the marketing technology and services company with a singular mission to increase engagement and drive more conversations for enterprise, channel and SMB technology marketers, has been named “Sponsor & Exhibitor Lounge Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York City, New York. “CloudExpo is a great opportunity to start a conversation with new prospects, but what happens after the...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, will discuss the importance of WebRTC and how it enables companies to fo...
As machines are increasingly connected to the internet, it’s becoming easier to discover the numerous ways Industrial IoT (IIoT) is helping to shape the business world. This is exactly why we have decided to take a closer look at this pervasive movement and to examine the desire to connect more things! Now if you need a refresher on IIoT and how it is changing the world, take a moment and listen to Greg Gorbach with ARC Advisory Group. Gorbach believes, "IIoT will significantly change the worl...