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Entrex Releases "Issuer Guide" for Third Security Called TIGRcubs™
Chicago, IL – July 30, 2008 – Entrex announces the public release of its “Issuer Guide to Entrex TIGRcubs™.” This handbook is the primary educational resource for companies considering an issuance of this proprietary security (subject to issued and pending patents). The Guide provides an overview for investors wanting to learn more about investment through TIGRcubs™ or for portfolio managers interested in discussing with Entrex the creation of a licensed TIGRcub™ fund.
It is available by request at www.Entrex.net.
TIGRcubs™ (Top-Line Income Generation Rights Certificates) are proprietary securities (subject to issued and pending patents) offering Investors and Issuers a solution for capital placements, in amounts as small as $5M, into growth oriented companies that have $10 million or more in annual revenue. Simplistically, TIGRcubs™ function by exchanging a lump sum of capital for a fixed percentage of a company’s top-line revenue for a contracted period of time. It is a cash flowing instrument that provides regular current income distributions to the capital source and features a zero-equity dilution benefit to the Issuers.
The TIGRcub™ security was officially launched last week to a select group of North American M&A professionals and advisors. It is a risk adjusted non-equity, and potentially non-debt, solution to placing working capital into vetted high-growth cash flowing companies.
“TIGRcubs™ are a desirable option for companies looking to raise capital without equity dilution,” says Entrex CEO, Stephen H. Watkins. “The Issuer Guide includes discussions on the costs of various types of capital, as experienced by companies, and comes with a Comparison of Financing Alternatives worksheet allowing for an approximate sense of how a company’s current financial position and capital needs might look in debt, equity and TIGRcub™ financing.”
Entrex, as the sole marketplace for the issuance and management of TIGRcub™ securities, provides a host of services to both the Issuer and the Investor—allowing interested parties to understand and value the contract on a current and projected basis.
About Entrex:
Entrex, an exchange for the better, is the place to find, research, track, manage and trade interests in entrepreneurial companies. Entrex works with companies and accredited/institutional investors to provide efficient licensing, origination, servicing, reporting, rating and trading of entrepreneurial company financial instruments. Through its innovative approach Entrex created The Capital Market System for Private Companies™, a whole new path to capital for entrepreneurial businesses (www.Entrex.net).
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