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General Finance and Development, Inc. (OTC Markets: GFDV) announced today that Minneapolis based B & B Image Group has executed a Letter of Intent  agreement to join General Finance and Development as a wholly owned subsidiary.

B & B Image Group, originally formed in 1935, will be a compliment to another GFD subsidiary, Art Force, providing a full range of printing services, signage, and custom display and design services to all size businesses. Art Force provides a full range of artwork services and visual solutions to many of the same vertical markets as B & B Image Group.

Both companies are located in the Northeast Minneapolis Arts District approximately one mile from each other.

“We are excited to become part of GFD and the opportunity to leverage the resources GFD provides along with executing on the synergies between B & B Image Group and Art Force” stated Jay Ostrander, President of B & B Image Group.

The transaction is expected to be finalized before the end of July of this year.

More information will be forthcoming in the coming weeks.

About General Finance and Development:

General Finance and Development, Inc. provides capital and business development services to small and medium size companies. Capital is provided to qualified companies by equity and/or strategic loan agreements. Business development services include business planning, organization and management development. GFD also pursues merger/acquisitions and joint venture projects.

The foregoing material may contain forward-looking statements. We caution that such statements may be subject to uncertainties and that actual results could differ materially from the fore-going statements. Readers accordingly should not place undue reliance on these forward-looking statements which do not reflect anticipated or unanticipated events or circumstances occurring after the date of these forward-looking statements. More information regarding General Finance and Development including financial statements and reports is available at the company’s website www.genfd.com and www.otcmarkets.com.

 

The Business Of Art

the business of art

Written by Kurt Theriault

Wander into a downtown skyscraper, trendy hotel or corporate campus and take a gander. You will notice paintings and images of all sizes, sculptures, abstracts and even murals. You will notice them on the walls and in the middle of halls. You will spot artwork on the ceilings and floors, even hanging from cables. Have you ever wondered where it all comes from? (Read full article in C-Level Magazine)

General Finance and Development is offering space in a new Creative Business Center – NE Minneapolis in the historic Van Buren Building.

The Creative Business Center is 3,000 sq. ft. of office space with 15 workstations, file cabinets, conference rooms, WIFI and other optional business services including venture financing based on qualification.

Availability is for 1 or 2 companies. The office space is fully furnished and ready for immediate occupancy. Link to more information

General Finance and Development, Inc. (OTC Markets: GFDV) announced today new initiatives for 2017.

The company is continuing to seek merger-acquisition opportunities and will be more active during 2017. During the 1st quarter of 2017 GFD will continue to purchase shares of its common stock in public and private transactions. Read news release containing more information.

February 15, 2017 — General Finance and Development, Inc. (OTC Markets: GFDV) announced
today the 2016 year end report has been posted at the company website.