Entrex Index Fund Realigns to Royalty Investments in Private Companies
18 April 2007 - 5:57AM
PR Newswire (US)
CHICAGO, April 17 /PRNewswire/ -- The Entrex Index Fund, a fund
which will invest formulaically in every Entrex constituent
(similar to the NASDAQ Spiders or Dow Indices) is suspending
previously announced initiatives with the Business Development
Corporation EMEC (BB: EMEC.OB) and will re-focus its efforts on
establishing an index around a financial product which buys revenue
royalty contracts from companies in the Entrex Marketplace.
Entrex's initial research finds that both investors and companies
are excited about these royalty contracts -- the investment
community favors the income streams (and the contractual market
potentially available around the present value of such income
streams) while companies enjoy the lack of equity dilution while
receiving much needed growth funds. Entrex's recent developments
featuring the Arthur Lipper partnered fund, to be known as the
Entrex-Arthur Lipper Royalty Investment Fund #1 (EALRIF), are
proving to be of interest to a number of capital sources. Entrex,
Inc., CEO, Stephen H. Watkins explains, "There seems to be a great
deal of traction on Wall St. for this royalty investment fund
concept that Mr. Lipper conceived and brought to us. From Entrex's
perspective, it makes sense to put our name on Funds that are very
exciting and innovative to the capital community. This ensures a
quicker path to investors and that cash will be available sooner to
these deserving and profitable private companies in the Entrex
Marketplace." It is likely that any Index Fund structure will not
be launched until after the EALRIF is fully functioning and has
identified companies for its initial portfolio. Watkins continues,
"It's important to distinguish that Entrex is not a broker-dealer
themselves, nor an investment adviser; simply a neutral marketplace
for capital to find, research, track, manage and invest in private
and non-reporting companies. As I like to remind people, capital
can't fund what it can't find." For more information about Entrex
or to see news items relating to the EALRIF go to
http://www.entrex.net/. About Entrex: Entrex
(http://www.entrex.net/) works with private and non-reporting
entrepreneurial companies and accredited/institutional investors
creating a venue where investors can find, research, track, manage
and trade interests in private companies. Companies that adhere to
Entrex's methodologies and disciplines gain credibility and
exposure to the investor community while gaining liquidity options
beyond the traditional route of IPOs, mergers and/or acquisitions.
Through its innovative approach and process, Entrex is creating a
whole new path to capital for entrepreneurial businesses. Contact:
John Ferguson Ferguson Advertising Direct (260) 426-4401
DATASOURCE: Entrex CONTACT: John Ferguson of Ferguson Advertising,
+1-260-426-4401, , for Entrex Web site: http://www.entrex.net/
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