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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (13192)	6/10/2015 10:12:35 AM
From: Goose94	Read Replies (1) \| Respond to of 202931

GRC-V kissed it's 52 week high, 94 cents.

To: Goose94 who wrote (13192)	8/27/2015 7:58:08 AM
From: Goose94	Read Replies (1) \| Respond to of 202931

Grenville Strategic Royalty (GRC-V) Aug 27, '15 today announced that it has entered into a buyout agreement with Above Security Inc. ("Above Security"), one of its investee companies, as a result of the proposed acquisition of Above Security by Hitachi Systems, Ltd. ("Hitachi"), a wholly owned subsidiary of Hitachi, Ltd. Above Security will, in accordance with the terms of the royalty agreement between the parties and subject to the completion of the Hitachi acquisition, buy out Grenville's royalty investment in Above Security. Grenville will receive a buyout payment of $6.2 million, less transaction-related expenses, upon closing of the Hitachi acquisition, which is expected to be completed on or around October 15, 2015 subject to the satisfaction of conditions of closing typical for transactions of this nature. Based on the $3.18 million invested by Grenville in Above Security, this results in a total return of approximately $3 million, representing an IRR of approximately 128% and a 2.1x cash on cash return. "As with the successful exit of our investment in Wmode, the anticipated exit of our investment in Above Security represents another excellent example of an opportunity to monetize immediate gains in our portfolio," said William (Bill) R. Tharp, President and Chief Executive Officer of Grenville. "The $8.8 million in exits from Wmode and Above Security are examples of the type of expected investment outcomes that provide positive offsets to the also expected impairments inherent in an SME portfolio, more than balancing the bookends of a higher-risk, higher-return portfolio. "Investing in small and medium-sized enterprises by its nature brings wins and losses, but we continue to believe that the core of our portfolio - the investments that represent the bulk of our recurring revenue and drive consistent cash flows and fundamentals - is the underlying strength of our business. We've seen that core strengthen materially quarter over quarter and remain even more confident today that the repeatability of our business model will create consistent growth over the long term," continued Mr. Tharp. APO Solutions Recovery Notwithstanding the impairment taken by the Company in 2014 in its $1 million investment in APO Solutions, the Company has aggressively pursued enforcement measures in an effort to recover some portion of its investment. As a result of those enforcement measures, the Company has successfully recovered almost 50% of its initial investment. Net of transaction and enforcement costs, the Company estimates that the recovery will result in a positive impact to profits of between $400,000 and $440,000. About Grenville Grenville is a Toronto-based company that was formed to provide royalty-based finance solutions by acquiring revenue streams generated by growing small and medium sized enterprises. Grenville has identified a large and underserviced finance market for companies generating up to $50 million in revenue, many of which are well managed and generating improving cash flow, but face difficult financing hurdles from traditional debt and equity markets. The non-dilutive royalty financing structure offered by Grenville can bridge the financing needs of these companies until traditional debt or equity is available to them on more attractive commercial terms. The application of Grenville's royalty financing structure into sectors not traditionally serviced by royalty companies represents a new and innovative financing model - Capital Simplified - that has already attracted a considerable number of opportunities with attractive potential returns. Grenville Strategic Royalty Corp. William (Bill) R. Tharp President and Chief Executive Officer (416) 777-0383