Netcapital Inc (NCPL)

[Gregory_]

"ValueSetters Inc. (Pink Sheets: VSTR) is pleased to announce that it has agreed to terms with a private equity firm and is scheduled to receive up to eight hundred and fifty thousand ( US$850,000 ) dollars."

Here's a bit of interesting information on private equity firms (from: http://en.wikipedia.org/wiki/Private_equity )

Private Equity investments can be divided into the categories described below:

Venture capital: an investment to create a new company, or expand a smaller company that has undeveloped or developing revenues

Buy-out: acquisition of a significant portion or a majority
control in a more mature company. The acquisition normally entails a change of ownership

Special situation: investments in a distressed company, or a company where value can be unlocked as a result of a one-time opportunity (Changing industry trends, government regulations etc.)

Private equity firms generally receive a return on their investment through one of three ways: an IPO, a sale or merger of the company they control, or a recapitalization.

...private equity fund investment is for those who can afford to have their capital locked in for long periods of time and who are able to risk losing significant amounts of money.