News
These press releases and announcements are provided as a service to the press and others for historical research purposes only. The information contained in these press releases is accurate only as of the date of the release and the Company undertakes no obligation to update the materials in this section after the release date.
ENTREX LAUNCHES NEW TIGRcub™ SECURITY AT AM&AA JULY CONFERENCE; PROVIDING AN ALTERNATIVE INVESTMENT STRATEGY INTO PRIVATE COMPANIES
Chicago, IL – July 09, 2008 – Chicago-based Entrex Inc., the creators of The Capital Market System for Private Companies™, debuts a novel way for investors to see returns from capital investments in private companies.
TIGRcubs™ (Top-Line Income Generation Rights Certificates) are a proprietary security structure offering investors a solution for capital placements, in amounts as small as $5M, into growth oriented companies with $250 million or less in annual revenue. This innovative security will be officially launched at the Alliance of Merger and Acquisition Advisors’ (AM&AA) summer conference, July 22-25 in Chicago, where Entrex is a sponsor.
Entrex CEO, Stephen H. Watkins, says “Our sponsorship at the AM&AA event is a great opportunity to launch our strategic alliance with this professional organization. Entrex provides private companies and their advisors with exposure to prospective investors who are interested in putting capital to work under the TIGRcub™ security. This form of financing can be transformative for private companies and the industries they serve.”
“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,” Watkins adds.
TIGRcubs™ offer a standardized structure with terms that vary as a function of the issuer’s operating history and forecasted growth.
Mike Nall, AM&AA Founder, shares his view: “Upon my first exposure to Entrex and their TIGRcubs™ instrument, as an alternative ‘Third Security,’ I envisioned a whole new series of financial solutions for private companies—and certainly some novel solutions for mergers and acquisitions advisors.”
According to Watkins, it’s a solution allowing investors to put capital to work into this large relatively untapped asset class and see immediate cash returns. For the clients served by AM&AA professionals, TIGRcubs™ represent an appealing security structure because there is no dilutive effect from the sale of equity and they do not require a liquidity event, or forced sale of the company, for investors to realize their expected returns.
For more information, www.entrex.net, 877-4-ENTREX.
About Entrex:
Entrex works with private companies and accredited/institutional investors to provide efficient licensing, origination, reporting, rating and trading of private company financial instruments. Through its innovative approach Entrex is created The Capital Market System for Private Companies™, a whole new path to capital for entrepreneurial businesses (www.Entrex.net).
###
