First there were venture capitalists and they were incredibly successful. In the mid-1980’s a specialized form of private equity was first launched: the search fund which was a private equity and very private. These search funds began to flourish in the 1990’s through the increased awareness of the model through the most prestigious business schools — such as Stanford, Wharton, Harvard, Columbia and others. Important MBA programs incorporated search funds into their curriculum.
It was the MBA programs that increased the acceptance and the overall knowledge of the search fund model. During the 90’s there were a lot of young MBA students creating private search funds.
With the new century search funds have become publicly traded entities and are no longer the exclusive realm of private investment.
And there has been another important development – these funds are NO LONGER the domain of young MBA grads. They are now headed up and run by management with tremendous hands on experience.
Take a close look at our affiliates report at Equity Stock Analysis and decide whether you are ready to become an instant venture capitalist. With a target price of $1.50, being a venture capitalist may also turn out to be a good investment. Read the report!
Take a good look at ELHI’s Management Team. These are the guys I would want working for me!
J. Leonard Ivins, Chief Executive Officer and DirectorMr. Ivins has served as Chief Executive Officer and a director since May 2007. From November 2000 until September 2006, Mr. Ivins served as a director of eLinear, Inc., an integrated technology solutions provider of security, IP Telephony and network and storage solutions infrastructure. Mr. Ivins was also a member of the audit and compensation committees of eLinear. Since 1995, he has been a private investor. Previously, Mr. Ivins was chairman of the Bancpro Group, a joint venturer with Fiserv, Inc. (a fortune 500 company), which serviced and managed over $12 billion dollars in financial assets for various federal government agencies. From 1970 to 1975, Mr. Ivins was president of The Woodlands Development Corporation and a director of Mitchell Energy and Development Corp.
Carl A. Chase, Chief Financial Officer and Director
Mr. Chase has served as Chief Financial Officer since May 2007, and he serves as director. Mr. Chase also serves as Chief Financial Officer and a Director of Unicorp, Inc., an independent oil and gas company since August 2004. From August 2000 to May 2006, Mr. Chase served as a consultant and senior vice president to Rockport Healthcare Group, Inc., a preferred provider organization for work-related injuries and illnesses. From April 2003 until September 2006, Mr. Chase served as a director of eLinear, Inc., an integrated technology solutions provider of security, IP Telephony and network and storage solutions infrastructure and from December 2005 until September 2006, Mr. Chase served as chairman.
From August 1999 to May 2000, Mr. Chase was chief financial officer of ClearWorks.net, Inc. From December 1992 to August 1999 Mr. Chase served as chief financial officer of Bannon Energy Incorporated, a private independent oil and gas company where his primary responsibilities included acquisitions, financing and accounting and administration. Mr. Chase is a graduate of the University of Oklahoma in 1975 with a Bachelor of Accountancy degree.
Ramzi Nassar, Technology and IP Developer
Mr. Nassar is a graduate of Rice University and MIT with a background in IT and biotechnologies. He brings experience from both the principal and operations perspectives to Edgeline in relation to making the right strategic investments, and more importantly, in seeing them through to fruition and returns to investors.
Mr. Nassar graduated from the MIT Sloan School of Management with an MBA in Finance and Entrepreneurship, August 1997 — June 1999 and Rice University with a BA in Economics, August 1989 — May 1993. He was a Senior Associate in Mergers and Acquisitions with CIBC World Markets and an Associate in Mergers and Acquisitions with Morgan Stanley.
As a proprietary technology and intellectual property developer and incubator it is crucial to have the best insight available. MIT and Rice continue to be the leading technology institutions in the world and Mr. Nassar’s experience with two of the premier banking firms in the world indicate he has the broad based knowledge to advise Edgeline Holdings.
Source: Forbes and ELHI
Edgeline Holdings, Inc.
1330 Post Oak Blvd.
Suite 1600
Houston, TX 77056
Phone: (713) 621-5208
Email: investors@edgelineholdings.com
Website: www.edgelineholdings.com
About Edgeline Holdings, Inc.: Headquartered in Houston, Texas, Edgeline Holdings, Inc. is a publicly traded holding company that specializes in the area of discovering and acquiring leading-edge niche technologies. These technologies will be incubated and nurtured into market ready applications. Edgeline’s current and prospective portfolio consists of early stage companies that require management expertise to further develop the technology to ultimately maximize the value of such technologies by bringing them to market through licensing arrangements and partnerships.
Safe Harbor Statement: Thisrelease contains statements that may constitute forward-looking statements, including the company’s ability to successfully acquire and develop technologies that are and may be acquired. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Edgeline’s future business and financial results, refer to Edgeline’s Annual Report on Form 10-KSB for the year ended March 31, 2007. Edgeline Holdings undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise. This release contains forward-looking statements that involve a number of risks and uncertainties. These forward-looking statements contain words such as “expects,” “believes,” “anticipates” and “intends.” Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, economic conditions affecting the B2B environment; continued ability to obtain hardware, software and peripherals at competitive costs; the company’s ability to finance its planned expansion efforts; the company’s ability to manage its planned growth; and changes in regulations affecting the company’s business and such other risks disclosed from time to time in the company’s reports filed with the Securities and Exchange Commission. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law.
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