July 11th, 2006 – Obsidian Capital's Limited Partnership, Newport Acquisitions, set to begin  new home purchases from builders at wholesale prices.

NEWPORT BEACH, CA – July 11th, 2006 – Obsidian Capital Group Inc (www.obsidiancapital.com), a venture capital and marketing company, through its limited partnership with Newport Acquisitions, will commence new home purchases from builders at wholesale prices.

Newport Acquisitions, a reputed provider of acquisitions services, maintains an ethical approach to business combined with the experience and expertise necessary in order to gain a respectable client list.

Obsidian's primary goal with the partnership is to provide the opportunity to buy new, top quality homes at wholesale prices, by purchasing directly from the builder and eliminating costly markup. "As a result, we will be able to save our clients thousands of dollars on the purchase of a new home, offering a lower payment at a much greater value," says Bryan Reynolds, President of Obsidian.

Obsidian Capital Group, Inc., a private capital investor strategically focused in providing mezzanine investment cash, marketing and technology for burgeoning forward moving companies.

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