AdultVest Set to Begin Monthly Investor Meetings - Wednesday, February 27, 2008
Meetings will bring potential investors together with prescreened companies; adult Internet Companies and Gentlemen's Clubs are of special interest BEVERLY HILLS, Calif., Feb. 27 /PRNewswire/ -- Adult investment firm AdultVest (http://www.adultvest.com/) has scheduled an ongoing series of monthly meetings to bring potential investors together with adult businesses that represent viable investment opportunities.
The first meeting will take place this week at the AdultVest offices, with subsequent meetings every month thereafter. As the meetings grow, they will move into larger spaces such as hotel meeting rooms, private estates, and private members clubs. Locations will be announced one week prior to each meeting date. Each meeting will actually be a two-day process. On the last Wednesday of each month, AdultVest executives will listen to presentations from adult business owners, and the following day the most well-prepared companies with the best opportunities will be presented in person to investors at the investor meeting.
According to AdultVest CEO Francis Koenig, he and his team will meet tomorrow with about 20 adult companies to assess the viability of the investment opportunities presented to them. The following day, 10-15 vetted investors will attend the first meeting. Adult company CEOs will not be afforded the chance to pitch directly to investors this first time around, Koenig added. "The meetings are geared to bring investors and companies together," he said. "During the meetings, deals will be passed around the table and we will all discuss the various levels of interest in the deals presented. In certain circumstances, if we feel they are ready, we will invite company CEOs to make their own presentations." AdultVest investor meeting attendees will include private equity, hedge fund, venture capital and angel investment fund managers, as well as individual investors, investment bankers, financial advisors, and the AdultVest investment committee in charge of managing the AdultVest Bacchus Investment Fund and Priapus Investment Fund. According to AdultVest.com Marketplace Statistics recently added to the AdultVest website, 647 adult companies have submitted investment proposals to the company, with 3380 vetted investors in the pool of interested parties. There have also been 1833 due diligence requests made by potential investors. A due diligence request is made by an investor after they have reviewed an adult business profile available to them on the AdultVest website. Further confidential information is then provided to them. The next step in the process is the monthly investor meetings. Koenig added that while AdultVest is reviewing all types and levels of investment proposals, they are particularly interested in investment opportunities involving Internet businesses and gentlemen's clubs. "We're specifically looking for Internet companies and gentlemen's clubs with minimum annual revenue exceeding $1 million. There really are no limitations as to deal size on the higher end of the spectrum." For questions and information about AdultVest investor meetings, please call 323-330-6495, visit http://www.adultvest.com/ or send an email to monthlyINV@AdultVest.com for investor inquiries or monthlyBIZ@AdultVest.com for adult business inquiries. After the initial meeting this week, the following meetings are scheduled for 2008: March 26th and 27th, April 23rd and 24th, May 28th and 29th, June 25th and 26th, July 30th and 31st, August 27th and 28th, September 24th and 25th, October 22nd and 23rd, November 26th and 27th. First Call Analyst:
CONTACT: investors, +1-323-330-6495, monthlyINV@AdultVest.com, or adult Web site: http://www.adultvest.com/
2008-02-27 17:47:36 0300111 PRNEWSWIRE
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