TIGRcubs operate simply by exchanging a sum of capital for a fixed percentage of a company’s top-line revenue for an agreed upon period of time, said Watkins.
Chicago, IL, Sept. 25, 2008 — Stephen H. Watkins, founder and CEO of Chicago-based Entrex, will discuss a proprietary new investment tool at the National Investment Banking Association NIBA conference, Sept. 25-26 at the Hyatt Regency Hotel here in Chicago.
He will present Entrex’s new TIGRcubs security (Top-Line Income Generation Rights Certificates), a hybrid—neither equity nor debt—capital solution for efficient funding of $5-250 million growth-oriented private companies.
TIGRcubsâ„¢ are a novel investment tool created by Entrex that provides for regular income distributions to Investors and features a zero percent equity dilution benefit to Issuers.
During a breakout session at the conference, “TIGRcubs™: New Commission Opportunities From Main Street Investors and Issuers,†Watkins will discuss the TIGRcubs™ concept, educate NIBA members about the benefits of this new securities structure, and characterize the $1.2 billion in funds forming to invest in TIGRcub™ securities.
“TIGRcubsâ„¢ operate simply by exchanging a sum of capital for a fixed percentage of a company’s top-line revenue for an agreed upon period of time,†said Watkins. “They offer a standardized structure, whose terms vary as a function of the issuer’s operating history and growth outlook, and provide an efficient and simple structure for private company financing transactions of $1-10 million and greater.â€
NIBA is a national trade association of national, regional and independent broker dealers, investment banking firms, investment advisor companies and related capital market service providers.
ABOUT ENTREX:
Entrex, the Entrepreneurial Exchange, is the place to find, research, track, manage and trade interests in private and 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 and Entrepreneurial Companiesâ„¢, a whole new path to capital. www.Entrex.net.
Press Release Submission By PressReleasePoint
Press Contact:
Erika Conefry
ENTREX Inc.
311 South Wacker Dr.
48th Floor
Chicago, IL 60606
877 436 8739
[email protected]
http://www.entrex.net
