SCAN-GRAPHICS, CAPTIVE VENTURE CAPITAL MERGE <Scan-Graphics Inc> said it has completed a merger with <Captive Venture Capital Inc> in which former shareholders of Scan-Graphics have beome majority shareholders of the merged company and the Scan-Graphics board has been named the board of the merged company. It said the merged company is now known as Scan-Graphics Inc and expects to be listed on the NASDAQ system soon. It said Captive Venture issued 1,600,000 restricted preferred shares convertible into 16 mln common shares for Scan-Graphics. Captive had 2,649,500 common shares outstanding before the merger.