NEW YORK, NY - (NewMediaWire) - November 28, 2023 - CGrowth Capital Inc. (OTC: CGRA) is a public holding company for alternative and undervalued assets. The company is sector and industry agnostic and currently consists of two divisions including Sports Technology and Mining. The company is focused on investing in growth-oriented opportunities where the company’s capital, expertise, and capabilities can help create significant added value for shareholders.

The Sports Technology division of CGRA continues to show impressive growth and has been significantly bolstered by the recent addition of several industry experts as well as leading sports and marketing consultants who are currently building out the global product placement, sales, and distribution plan for 2024. The newly appointed management and advisory team have spearheaded marketing strategies for multiple global sports products, and driven campaigns that have generated revenues in the billions of dollars.

This highly experienced team is currently focused on refining CGRA's functional fitness subsidiary, ‘Savage Barbell’. Under their guidance, Savage Barbell is honing its sales strategy, optimizing sales channels and distribution networks to maximize the success of the business. In line with this, management are shifting to a direct-to-consumer approach. This approach is expected to significantly enhance profit margins, strengthen the company’s control and product offering oversight while ensuring a high level of autonomy. It is anticipated that this shift will not only improve cash flow but also dramatically improve customer experience.

In conjunction with these strategic developments, ‘Savage Barbell’ has also completed the design of a new and exciting range of gym apparel. This collection, designed to encompass the latest advancements in fabric technology, perfectly blends functionality, comfort, and style. The development of this new collection has been in process for several months, with the final samples anticipated shortly. Savage Barbell's commitment remains in offering sustainable, functional, and high-end products which represent the pinnacle of quality in the gym apparel sector.

‘‘As 2023 draws to a close, further updates on this exciting new collection will be shared, marking a significant step in Savage Barbell's journey towards becoming a globally recognized brand within the next 3-5 years. The recent capital infusion into the business, provided by a Dubai based family office, is expected to significantly accelerate this growth trajectory, with potential for additional funding to further bolster this expansion already in place,’’ commented Nicolas Link, Chairman of CGrowth Capital Inc.

Shareholders can anticipate a more consistent and regular flow of updates from CGRA in the forthcoming weeks. The company is dedicated to providing updates that are rich in substance and verifiable, focusing specifically on developments that have a significant impact on the company. This approach ensures that all communications are aligned with internal milestones and management deliverables that have been satisfactorily achieved.

For regular CGrowth Capital (CGRA) updates, you are invited to view the company’s website and/or to follow the company’s Twitter account:

Website: https://cgrowthcapital.com
Twitter: @CGRAOTC
Contact: info@cgrowthcapital.com

Source: CGRA

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