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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (2860)10/7/2013 8:12:41 AM
From: Goose94 of 203475
 
LX Ventures (LXV-V) completes $474,750 second tranche, 60% oversubscribed

CEO Mike Edwards commented, "We are pleased that our planned $1 million fundraising has been oversubscribed by more than 60%. We have clearly delineated the milestones to be achieved with each of our core portfolio holdings through the course of the next 12 months and these funds will be deployed to accelerate the growth of each of these investments. In addition, we are focused on new strategic acquisitions in vertical markets where we feel that we can also target immediate roll-up opportunities to further accelerate these investments in terms of cash flow."
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