SANTA MONICA, Calif.,
Jan. 3, 2013 /PRNewswire/
-- INVENT Ventures, Inc. (OTCQB: IDEA), a seed-stage venture
fund and technology incubator, today announced that it has signed
an engagement agreement with Merriman Capital, Inc. and Financial
Entrepreneur Platform member Core Equity Group LLC to raise growth
financing for INVENT. The raise will be managed by venture banker
Jon Buttles, Managing Partner of
Core Equity Group LLC.
Bryce Knight, CEO of INVENT,
said, "We are thrilled to engage with Core Equity Group LLC and
Jon Buttles to manage our growth
financing. We are confident that this partnership will accelerate
our development of transformative companies and create value for
INVENT, our portfolio companies and our investors."
About INVENT Ventures, Inc.
INVENT Ventures Inc. (OTCQB: IDEA) is a publicly traded venture
fund that builds and invests in transformative technology
businesses. INVENT primarily operates in markets of digital media,
consumer internet, and social networking, and has built six
companies at various stages of development. INVENT is
headquartered in Santa Monica,
California in the renowned Silicon Beach area. For more
information on INVENT, visit www.invent.vc.
About Merriman Capital, Inc.
Merriman Capital, Inc. is
an investment-banking firm providing equity and options execution
services, market making, and differentiated research for high
growth companies. The Merriman Capital, Inc. Financial Entrepreneur
Program provides infrastructure and support and for independent
financial professionals. Merriman also provides capital raising,
advisory and M&A services.
Merriman Capital, Inc. is a wholly owned subsidiary of Merriman
Holdings, Inc. (OTCQX: MERR) and is the leading investment-banking
firm for OTCQX companies. For more information, please go
to http://www.merrimanco.com.
Merriman Capital, Inc. is a registered broker-dealer and member
of The Financial Industry Regulatory Authority
(FINRA) http://www.finra.org, and the Securities Investor
Protection Corporation (SIPC) http://www.sipc.org.
Cautionary Language Regarding Forward Looking Statements This
release and any attachments contain forward-looking statements
within the meaning of the "safe harbor" provisions of the Federal
securities laws, including Section 21E of the Securities Exchange
Act of 1934, that involve risks and uncertainties. Words such as
"will," "believe," "intend," "potential" and similar expressions
are intended to identify forward-looking statements. These
forward-looking statements include the quotations from management
in this press release, as well as any statements regarding the
Company's anticipated financial results and strategic and
operational plans. The Company's actual results may differ
materially from those anticipated in these forward-looking
statements. Factors that may contribute to such differences
include, but are not limited to: the Company's ability to deliver
an adequate rate of growth and manage such growth; the impact of
changes in government regulation and industry standards; the
Company's ability to maintain and increase the number of visitors
to its websites; the Company's ability to identify and manage
acquisitions; the impact of the current economic climate on the
Company's business; the Company's ability to attract and retain
qualified executives and employees; the Company's ability to
compete effectively against others in the online marketing and
media industry; the impact and costs of any failure by the Company
to comply with government regulations and industry standards; and
costs associated with defending intellectual property infringement
and other claims. More information about potential factors that
could affect the Company's business and financial results is
contained in the Company's latest annual report. These forward
looking statements are made as of today's date and, except as
otherwise required by law, the Company does not intend and
undertakes no duty to release publicly any updates or revisions to
any forward-looking statements contained herein to reflect events
or circumstances after the date hereof.
SOURCE INVENT Ventures, Inc.
